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Economy

Sri Lanka’s central bank likely to resume rate cuts to foster growth: Reuters poll

November 25, 2024
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to renew easing of interest rates on Wednesday, with a…
Stock

Fade any rebound in the euro or European equities, BCA says

November 25, 2024
Investing.com — Investors should “fade any rebound in the euro” or European equities relative to their US counterparts, BCA Research said in…
Stock

Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline

November 25, 2024
By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding…
Stock

European markets mostly higher; Trump’s Treasury pick, German Ifoin spotlight

November 25, 2024
Investing.com — European stocks mostly edged higher Monday, with global market sentiment helped by President-elect Donald Trump’s nomination as Treasury Secretary, but…
Stock

TD Bank prepares to hire compliance monitors as US CEO reassures staff

November 25, 2024
By Nivedita Balu TORONTO (Reuters) – TD Bank is preparing to install U.S. government-ordered monitors and has moved to reassure employees that…
Stock

Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine

November 25, 2024
By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning (NYSE:GLW) has offered to scrap all exclusive clauses in…
Investing

Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

November 24, 2024
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The…
Economy

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

November 24, 2024
(Reuters) – Adani Energy Solutions said on Saturday that Kenya’s cancellation of a $736 million transmission line project did not require it…
Economy

Is inflation gobbling up your Thanksgiving plans?

November 24, 2024
By Lauren Young This was originally published in the Reuters On the Money newsletter, where we share U.S. personal-finance tips and insights…
Economy

TikTok CEO sought Musk’s input ahead of Trump administration, WSJ reports

November 24, 2024
(Reuters) -ByteDance-owned TikTok Chief Executive Officer Shou Zi Chew has sought input on U.S. matters from Elon Musk, a close adviser to…
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