Month: February 2024

As China woes mount, investment banks brace for more Asia job cuts FILE PHOTO: An evening view of the financial Central district

FILE PHOTO: An evening view of the financial Central district

As China woes mount, investment banks brace for more Asia job cuts

Stock Focus Report February 9, 2024

By Kane Wu and Selena Li HONG KONG (Reuters) -Job cuts at Western investment banks in Asia...

NYCB shares end higher as new executive chair seeks to bolster confidence A trader works at the post where New York Community

A trader works at the post where New York Community

NYCB shares end higher as new executive chair seeks to bolster confidence

Stock Focus Report February 7, 2024

By Niket Nishant and Lewis Krauskopf (Reuters) -Shares of New York Community Bancorp closed higher on Wednesday...

Argentina’s Milei weighs next steps after economic reform bill setback Argentina's President Javier Milei visits Yad Vashem, in Jerusalem

Argentina's President Javier Milei visits Yad Vashem, in Jerusalem

Argentina’s Milei weighs next steps after economic reform bill setback

Stock Focus Report February 7, 2024

By Nicolás Misculin BUENOS AIRES (Reuters) -The government of Argentine President Javier Milei was seeking to salvage...

In Israel, Blinken pushes for pause in Gaza war to allow for aid, regional integration U.S. Secretary of State Antony Blinken visits Jerusalem

U.S. Secretary of State Antony Blinken visits Jerusalem

In Israel, Blinken pushes for pause in Gaza war to allow for aid, regional integration

Stock Focus Report February 7, 2024

By Humeyra Pamuk TEL AVIV (Reuters) – U.S. Secretary of State Antony Blinken on Wednesday voiced hopes...

US farm spending bill must include climate and hunger money, say key Democrats FILE PHOTO: Farm workers plant Novavine drought-resistant grapevines in Woodland

FILE PHOTO: Farm workers plant Novavine drought-resistant grapevines in Woodland

US farm spending bill must include climate and hunger money, say key Democrats

Stock Focus Report February 7, 2024

By Leah Douglas (Reuters) – The U.S. farm spending bill being negotiated by Congress must preserve funding...

Oil rises nearly 1% as traders assess worsening geopolitical situation A view shows oil terminal Kozmino near Nakhodka

A view shows oil terminal Kozmino near Nakhodka

Oil rises nearly 1% as traders assess worsening geopolitical situation

Stock Focus Report February 5, 2024

By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday...

Tesla falls on SAP snub report, Piper Sandler price target cut FILE PHOTO: The Tesla logo is seen on a car

Tesla falls on SAP snub report, Piper Sandler price target cut

Stock Focus Report February 5, 2024

(Reuters) -Tesla shares came under pressure on Monday after a report that Germany’s SAP was no longer...

Novo Nordisk’s parent to buy Catalent for $16.5 billion to boost Wegovy supply A general view of the Novo Nordisk headquarters building in

A general view of the Novo Nordisk headquarters building in

Novo Nordisk’s parent to buy Catalent for $16.5 billion to boost Wegovy supply

Stock Focus Report February 5, 2024

By Maggie Fick and Patrick Wingrove (Reuters) -Novo Nordisk notched a win on Monday in its race...

Stellantis says no merger plans after Renault report FILE PHOTO: French car maker Renault holds an investor day

FILE PHOTO: French car maker Renault holds an investor day

Stellantis says no merger plans after Renault report

Stock Focus Report February 5, 2024

By Giulio Piovaccari MILAN (Reuters) -Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans,...

What California’s atmospheric rivers means for water, snowpack levels FILE PHOTO: Rainstorms slam northern California

FILE PHOTO: Rainstorms slam northern California

What California’s atmospheric rivers means for water, snowpack levels

Stock Focus Report February 5, 2024

(Reuters) -A second atmospheric river storm, or Pineapple Express weather system, has hit California and is expected...