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FedEx rating cut at Bernstein on execution risk

Investing.com — FedEx has been downgraded to “Market-Perform” by Bernstein analysts, citing a confluence of execution, event, and policy risks that could weigh…
Economy

Fed’s Powell may have made US monetary policy boring again

By Howard Schneider WASHINGTON (Reuters) – For much of the past 17 years the Federal Reserve has been the central player in…
Economy

Tesla leads November’s global market value surge

(Reuters) – Tesla (NASDAQ:TSLA)’s market capitalisation increased by the most among top global companies in November, boosted by expectations the automaker will…
Economy

TD Bank taps HSBC Canada’s former chief compliance officer, sources say

By Nivedita Balu TORONTO (Reuters) -TD Bank has hired Georgia Stavridis from Royal Bank of Canada to become a vice president in…
Economy

ECB to continue cutting rates in December, Stournaras says

ATHENS (Reuters) – The European Central Bank is expected to continue cutting interest rates this month, ECB policymaker Yannis Stournaras said on…
Economy

Indonesia, Canada sign comprehensive economic partnership

By Dewi Kurniawati JAKARTA (Reuters) – Indonesia and Canada on Monday signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to strengthen…
Stock

Threatened by climate change, Panama Canal has big plans to deal with drought

By Marianna Parraga and Elida Moreno TRES HERMANAS, Panama (Reuters) – The lush river valleys of El Zaino y La Arenosa in…
Stock

UBS sees isolated signs of market frothiness, but investors not euphoric

Investing.com — Investor spirits remain bright as the S&P 500 boasts a 28% year-to-date return, but UBS analysts caution that claims of market…
Stock

Exclusive-Bangladesh halves power buying from India’s Adani amid payment dispute

By Krishna N. Das DHAKA (Reuters) – Bangladesh has halved the power it buys from neighbouring India’s Adani Power (NS:ADAN), citing lower…
Stock

Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries

By Lisa Baertlein LOS ANGELES (Reuters) – The weak demand bedeviling package delivery companies like United Parcel Service (NYSE:UPS) and FedEx (NYSE:FDX)…
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