By David Shepardson (Reuters) -Nissan Motor will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit Th[...]
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Newsletter
Moody’s Lifts Italy’s Debt Outlook to Stable in Boost for Meloni Govt
(Reuters) – Moody’s on Friday left Italy’s sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Min[...]
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Amplify Rolls Out First Sofr-Based ETF for Income Seekers
By Suzanne McGee (Reuters) – Amplify Investments teamed up with the asset management division of Korean conglomerate Samsung to launch a new actively managed exchange traded fund (ETF) designed[...]
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Chevron reviewing options for East Texas assets after shale acquisitions
By Sabrina Valle, Shariq Khan and David French (Reuters) -Chevron Corp said it is evaluating options for around 70,000 net acres of land in East Texas’ Haynesville shale formation after pausing[...]
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Dubai Cements Super-Hub Strategy With $50 Billion Jet Orders
By Tim Hepher, Alexander Cornwell and Pesha Magid DUBAI (Reuters) -Dubai carriers threw down the gauntlet to emerging regional rivals with more than $50 billion of Boeing jet orders on Monday, as comp[...]
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Wall Street Soars, Fueled by Tech as Treasury Yields Calm
By Lewis Krauskopf, Amruta Khandekar and Shristi Achar A (Reuters) – Wall Street’s main indexes ended with big gains on Friday, boosted by heavyweight tech and growth stocks as Treasury yi[...]
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Meta Strikes Deal With Tencent to Sell VR Headset in China – WSJ
(Reuters) – Meta Platforms struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China in a return to a market where Facebook and Instagram are blocked, the[...]
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Disney Tops Earnings Forecasts as Iger Sets ‘Building’ Phase
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street’s earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks[...]
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Gold mining ETFs fail to keep pace with benchmark bullion fund
By Suzanne McGee (Reuters) – The weakening of a long-established correlation between the price of exchange-traded funds (ETFs) tied to gold and gold mining stocks have investors eyeing a range o[...]
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