Friday, October 25, 2024

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RBC’s US global asset management head sees growth in emerging markets, alternative assets

By Nivedita BaluTORONTO (Reuters) - Royal Bank of Canada is betting on alternative investments and emerging markets debt and equity to boost its U.S....

Broadcom shares slump as revenue target disappoints investors hoping for big AI boost

(Reuters) - Broadcom's shares slid about 9% in premarket trading on Friday, after the chipmaker's revenue forecast spooked investors betting on robust demand for...

Japanese owner of 7-Eleven Seven & i Holdings rejects Couche-Tard takeover offer

MONTREAL — The Japanese owner of 7-Eleven has rejected a takeover offer from Quebec-based Alimentation Couche-Tard Inc.Seven & i Holdings Co. Ltd. says the...

TSX futures fall ahead of US jobs data

(Reuters) - Futures tied to Canada's main stock index slipped on Friday as investors adopted a cautious stance ahead of the crucial employment data...

Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply

(Bloomberg) -- Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will...

Futures drop as investors brace for payrolls data

(Reuters) - U.S. stock index futures fell on Friday ahead of key jobs data that could be pivotal when the Federal Reserve decides on...

Ralph Lauren draws the fashion crowd to the horsey Hamptons for a diverse show of Americana

BRIDGEHAMPTON, N.Y. (AP) — Ralph Lauren took to Hamptons horse country for a rollout of his signature Americana featuring first lady Jill Biden, Usher...

Telegram CEO defends himself against French charges in first public comments

PARIS (AP) — Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public...

Biden to sign order to prioritize federal grants for projects with higher worker wages and benefits

PITTSBURGH (AP) — President Joe Biden on Friday plans to sign an executive order for federal grants that would prioritize projects with labor agreements,...

New Pizza Hut concept stores in China help frugal diners save

By David Kirton and Sophie YuSHENZHEN, China (Reuters) - Fast food giant Pizza Hut is adapting to China's sluggish economy by opening stores that...

Austrian Raiffeisen’s entanglement with Russia

By Tommy Reggiori Wilkes and John O'DonnellLONDON/VIENNA (Reuters) - A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of...

Volkswagen’s German battery plant to stay at half capacity amid cost pressures

BERLIN (Reuters) - Volkswagen's PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now,...

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