Thursday, October 31, 2024

Bussiness

Civil society groups nudge and cajole world leaders from the sidelines of United Nations week

NEW YORK (AP) — As the meeting of world leaders kicked off at the United Nations on Sunday, across Manhattan on an elevated park...

Federal government posts $7.3B deficit between April and July

OTTAWA — The federal government's deficit has grown to $7.3 billion so far this fiscal year.The Finance Department's latest fiscal monitor says the deficit...

New PCE reading supports case for smaller Fed rate cut in November

A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...

Port of Montreal dockworkers threaten three-day strike beginning Monday, union says

MONTREAL — The union representing longshore workers at the Port of Montreal says work at two terminals could come to a standstill next week...

Siemens sales growth likely to be below guidance, CFO tells paper

ZURICH (Reuters) - Siemens will post weaker-than-expected full year sales growth, Chief Financial Office Ralf Thomas said in an interview published on Friday, although...

Orcel, the dealmaker determined to redraw Europe’s banking map

By Valentina Za and Stefania SpezzatiMILAN/LONDON (Reuters) - Upon taking the top job at Italian bank UniCredit in 2021, Andrea Orcel, a veteran M&A...

Traders bet on second straight 50 bps Fed rate cut in November

(Reuters) - Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a government report...

Prince Harry’s Sentebale organization leading initiative to support young people in Southern Africa

NEW YORK (AP) — Prince Harry’s latest philanthropic move will gather world business leaders and philanthropists to work towards fostering prosperity in Southern African...

Analysis-Mining industry struggles with valuation gap amid shift to copper

By Clara Denina and Felix NjiniLONDON (Reuters) - Leading mining companies are struggling to balance investor expectations for hefty returns with paying the necessary...

TSX futures dip as investors await domestic GDP, US inflation data

(Reuters) - Futures tied to Canada's main stock index fell slightly on Friday as investors stayed on the sidelines ahead of the country's GDP...

India Keeps Markets Guessing Over Key Central Bank Positions

(Bloomberg) -- India’s central bank watchers are getting anxious about who will decide interest rates in two weeks’ time, a crucial meeting as a...

Mercedes-Benz USA to recall over 27,000 vehicles over risk of engine stall, NHTSA says

(Reuters) - Mercedez-Benz USA is recalling more than 27,000 vehicles due to a potential risk of the engine control unit (ECU) software causing the...

Latest news