Australia Central Bank Cuts Growth Outlook, Rates Need To Rise To Cool Red-hot Inflation
SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will…
Reuters
Musk Orders Twitter To Cut Infrastructure Costs By $1 Billion -sources
By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to…
Dorsey’s Block Posts A Jump In Revenue, Boosting Shares
By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App…
Corteva Third-quarter Loss Narrows On Demand For Agricultural Products
By Ruhi Soni (Reuters) -Agricultural chemical and seed company Corteva Inc on Thursday posted a smaller-than-expected third-quarter adjusted loss as…
Peloton Forecasts Weak Holiday-quarter Revenue, Flags Risk To Cash Flow Goal
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned…
Distressed Credit To Lure More Hedge Fund Investors Next Year -BNP Survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Marriot Shares Slide On Delayed Opening Of Some Properties In China
By Priyamvada C (Reuters) – Marriott International Inc said on Thursday China’s strict COVID-19 policies were delaying openings of some…
Streaming Platform Roku’s Shares Slump On Dour Holiday-quarter Forecast (Nov 2)
(Corrects analyst’s name in paragraph 8) (Reuters) – Shares of Roku Inc fell more than 20% in extended trading on…
World Equities Fall, U.S. Treasury Yields Rise After Hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish…
U.S. Probes Insider Trading In Pre-arranged Executive Stock Sales – Bloomberg News
(Reuters) – U.S. authorities are investigating whether executives have been gaming prearranged stock-sale programs designed to thwart the possibility of…