Reuters Financial News
08.08 / 03:05
Lowe's
Reuters
ANZ
show
country
economic data
Dollar creeps higher ahead of US, China economic data
China's exports are expected to fall 12.5% in July from a year earlier, based on a Reuters poll of economists, extending a drop of 12.4% in June and marking the worst reading since the early days of the pandemic in February 2020. The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar.
08.08 / 03:05
UPS
Target
Reuters
Fighting
band
show
RBI-MPC to dial up hawkishness even as it holds policy steady
monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but will adopt a far more hawkish tone as the recent rise in food prices risks becoming entrenched, economists and market participants said. A July 13-31 Reuters poll of 75 economists showed the central bank was expected to keep its repo rate unchanged at 6.50% at its Aug. 10 policy meeting.
08.08 / 02:29
08.08 / 01:57
Target
Reuters
Digital
stage
Trump
debate
2024
Donald Trump likely to miss first Republican debate for US polls 2024; Ron DeSantis to be top target now
Donald Trump is likely to skip first Republican debate on August 23 in Milwaukee, And in such a situation, Florida Governor Ron DeSantis, who desperately needs momentum in his challenge to former US President for the party's nomination, would be the top target of the debate from other candidates looking to climb past him and brand themselves as voters' primary alternative to Trump. "The guy on the stage in the No. 1 spot is probably going to be taking more heat than the others," a strategist told Reuters.
08.08 / 01:57
UPS
Target
Reuters
NIFTY
show
Indian
inflation data
Gift Nifty, gains in Asian markets to inflation data, key triggers for Indian stock market today
inflation data on Wednesday. In Japan, official data showed the country’s household spending fell 4.2% YoY in June, compared with 4% in May, remaining in negative territory for the fourth straight month. In the US, the latest consumer price report will be released on Thursday, which is expected to offer clues about the Federal Reserve’s monetary policy path.
08.08 / 01:57
Provident
Target
Reuters
Digital
Discover
Top Russian missile maker's data breached by hackers of North Korea, says report
Also Read: Funds worth ₹215 crore frozen: US targets Indian diamond sellers over alleged Russia connection: Report The cyber-espionage teams to the North Korean government targeted Mashinostroyeniya, a rocket design bureau based in Reutov, a small town on the outskirts of Moscow. The team, secretly called as ScarCruft and Lazarus, installed stealthy digital backdoors into system at NPO Mashinostroyeniya found Reuters' James Pearson and Christopher Bing. Also Read: Ukrainian Naval Drones Attack Russian Black Sea Port Till now, there has been no clarity on wether any data was taken during the intrusion or about the information that was leaked.
07.08 / 20:01
UPS
Reuters
Aviat
Airlines
Airlines seek extension to minimum flight requirements cuts at NYC-area airports
WASHINGTON (Reuters) — Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum flight requirements at congested New York City-area airports and a Washington airport, citing a lack of adequate air traffic control staffing.
07.08 / 20:01
UPS
Reuters
Cooper
Amazon
Yellow
Disaster
Indigenous
NOT
Exclusive-Amazon Indigenous chief Raoni warns of disaster if deforestation not stopped
By Leonardo Benassatto and Ueslei Marcelino
07.08 / 18:47
Provident
Reuters
UBS
Credit Suisse to cut 80% of Hong Kong investment bank jobs: Report
Credit Suisse in Hong Kong is likely to be laid off this week, as part of the bank's integration with UBS Group, Reuters reported on Monday. Only 20 bankers out of the 100-strong investment banking team will be spared from the cuts, the Reuters report said, citing sources familiar with the matter. Hong Kong houses the largest share of Credit Suisse's investment bankers in Asia.
07.08 / 17:17
07.08 / 14:59
07.08 / 14:59
UPS
Reuters
UBS
show
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON (Reuters) — UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs, marking a key step in integrating Credit Suisse.
07.08 / 14:21
07.08 / 13:37
Reuters
VISA
Aware
Action
Limelight
country
Canada immigration fraud suspect list cut to 300 from 2,000: Report
Student visa fraud: The Canadian Border Service Agency have currently narrowed down their suspect list of fraud cases where students entered the country taking unfair advantage of the system to 300, sharply bringing it down from 2,000 cases as were reported earlier. On 23 June, Reuters had reported that Canadian authorities had taken into custody, one Brijesg Mishra, an immigration agent from Jalandhar. On 24 July, the Canadian Border Services Agency (CBSA) has laid charges against Brijesh Mishra for his involvement in defrauding 700 Indian students.
07.08 / 13:35
Lowe's
FIVE
Reuters
Manufacturing
show
Support
Yuan loses core support as firms leave China
By Samuel Shen and Tom Westbrook
07.08 / 12:59
07.08 / 12:59
UPS
Reuters
Manufacturing
show
week
inflation data
Commodities Week Ahead: 6-Week Oil Rally Casts Shadow Over Upcoming Inflation Data
The United States and China both have key inflation data this week, with oil bulls looking for a relatively positive outcome on both sides to extend a six-week rally already looking heavy for crude.
07.08 / 11:13
UPS
Reuters
Reliance plans crude unit maintenance at Jamnagar complex
Reliance Industries Ltd plans to shut a crude unit and some secondary units at its 704,000 barrels per day (bpd) export focused plant for maintenance in September-October, three sources familiar with the plan said. Reliance is the operator of the world's biggest refining complex which houses two plants with a combined capacity of about 1.4 million barrels per day.
07.08 / 09:27
07.08 / 02:41
06.08 / 22:57
Reuters
film
Warner Bros
performer
Blockbuster movie ‘Barbie’ crosses $1 billion in ticket sales worldwide
Reuters citing Comscore data, the film drew $127 million worldwide this weekend - Friday through Sunday - with $53 million in domestic receipts and another $74 million overseas. “As distribution chiefs, we're not often rendered speechless by a film's performance, but Barbillion has blown even our most optimistic predictions out of the water," Jeff Goldstein, president of domestic distribution for Warner Bros.
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