Fed may be at point to ‘hold rates steady,’ Harker says
By Dan Burns (Reuters) -Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may…
2023
Under Armour posts surprise profit on easing cost pressures
By Granth Vanaik and Juveria Tabassum (Reuters) -Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday,…
Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart – WSJ
(Reuters) -Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in its Indian e-commerce firm Flipkart…
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…
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…