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Economy

Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost

By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…
Economy

Boeing CEO presses turnaround as loss balloons to $6 billion

(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…
Latest News

As Democratic icons stump for Harris, GOP elders keep distance from Trump

Several people who once occupied the White House are now energetically crisscrossing the country on behalf of Vice President Kamala Harris: Bill…
Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…
Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…
Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
Stock

Earnings call: CN reports steady growth despite macro challenges

In the third quarter of 2024, CN (Canadian National Railway (TSX:CNR) Company, ticker: CNR) reported modest financial growth and operational improvements amidst…
Stock

Earnings call: Cadence Bank reports steady Q3 growth, eyes future momentum

Cadence Bank (CADE) reported a solid performance in its third-quarter 2024 earnings call on October 30, 2024, with GAAP net income reaching…
Stock

Iberdrola gives upbeat outlook as strategy pays off

By Pietro Lombardi MADRID (Reuters) -The chief of Europe’s largest utility Iberdrola (OTC:IBDRY) gave a bullish outlook for the coming years on…
Stock

Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 billion

(Reuters) – Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately…
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