SummaryBank of England holds rates steady but door open to December cutAustralia, Sweden and Norway also hold rates steady this… The end is near for policy easing among big central banks Read more
Markets
India's Lupin posts surge in quarterly profit on strong respiratory drugs demand
CompaniesLupin LtdFollowCipla LtdFollowDr Reddy’s Laboratories LtdFollowShow more companiesNov 6 (Reuters) – Indian drugmaker Lupin (LUPN.NS), opens new tab posted a… India's Lupin posts surge in quarterly profit on strong respiratory drugs demand Read more
Apollo-backed Aeromexico valued at $2.8 billion in NYSE debut
Nov 6 (Reuters) – Apollo-backed Grupo Aeromexico’s (AERO.N), opens new tab shares rose 0.84% in their New York Stock Exchange… Apollo-backed Aeromexico valued at $2.8 billion in NYSE debut Read more
Euronext tops sixth consecutive growth quarter with buyback
Nov 6 (Reuters) – The pan-European exchange group Euronext (ENX.PA), opens new tab on Thursdayreported third-quarter adjusted core profit which… Euronext tops sixth consecutive growth quarter with buyback Read more
Betclic owner Banijay's profit rises 10% as betting gains strength
Nov 6 (Reuters) – French media group Banijay (BNJ.AS), opens new tab posted a 10% rise in nine-month profits on… Betclic owner Banijay's profit rises 10% as betting gains strength Read more
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
By William Schomberg, David Milliken and Suban AbdullaLONDON, Nov 6 (Reuters) – The Bank of England kept borrowing costs on… Bank of England keeps rates on hold in knife-edge vote that hints at cut soon Read more
AI stock wobble points to US market reliance on tech
SummaryCompaniesTech sector amounts to 36% weight in S&P 500, more than in dot-com eraTech remains best performing sector YTDAI-related declines… AI stock wobble points to US market reliance on tech Read more
US layoffs for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) – U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month… US layoffs for October surge to two-decade high, Challenger data shows Read more
BofA raises return target as CEO Moynihan's new plan aims to catch up with rivals
SummaryCompaniesBofA targets 16%-18% ROTCE to narrow gap with rivalsROTCE forecast in line with Wall Street expectationsNet interest income to grow… BofA raises return target as CEO Moynihan's new plan aims to catch up with rivals Read more
Germany lobbying China in interest of customers of Nexperia components
CompaniesNexperia B.V.FollowWingtech Technology Co LtdFollowBERLIN, Nov 5 (Reuters) – Germany is lobbying China in the interests of German customers of… Germany lobbying China in interest of customers of Nexperia components Read more