Factbox-Major US banks downgraded by Moody’s on worsening outlook
(Reuters) – Ratings agency Moody’s on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will…
August 2023
AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy
(Reuters) -AMC Entertainment Holdings said on Tuesday the current quarter was off to a strong start, driven by box-office hits…
Canada posts biggest trade deficit in almost three years, analyst predicts ‘rough summer’
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Canada’s trade deficit widened to C$3.73 billion ($2.77 billion) in June from…
Airbus open to potential partner in Brazil’s Helibras, executive says
By Gabriel Araujo SAO PAULO (Reuters) – Airbus would be open to sell a stake in helicopter maker Helibras to…
In Niger, sanctions, flight disruptions squeeze UN aid stocks
By Alessandra Prentice DAKAR (Reuters) – Niger’s military coup is hampering United Nations’ humanitarian efforts in one of the world’s…
Fox beats profit estimates as ad market gains momentum
By Samrhitha A (Reuters) -Fox Corp topped Wall Street expectations for quarterly profit on Tuesday as the Rupert Murdoch-controlled company…
Marketmind: China trade data disappoints, again
A look at the day ahead in U.S. and global markets by Alun John. U.S. equity markets saw their first…
Emergent BioSolutions to lay off about 400 employees
(Reuters) – Emergent BioSolutions on Tuesday decided to cut 400 jobs and scale back operations at some its facilities, pivoting…
Meta Platforms seeks to stop privacy breach fine in Norway
By Gwladys Fouche OSLO (Reuters) -Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s…
Finance firms’ return-to-office crackdown could backfire – study
By Lananh Nguyen NEW YORK (Reuters) – Financial firms that enforce strict return-to-office mandates could drive employees to leave, according…