By Ismail Shakil OTTAWA (Reuters) -The Canadian economy unexpectedly shed a net 6,400 jobs in July while the jobless rate […]
Hedge fund investors hunt credit, equity portfolios
NEW YORK (Reuters) – Big investors, such as pension funds and insurance companies, are willing to increase their allocation to […]
US hiring slowdown may push Fed to forego another rate hike
By Ann Saphir (Reuters) -Federal Reserve policymakers received new evidence on Friday that the labor market is cooling, adding to […]
Two measures of global corporate health flash red
LONDON (Reuters) -Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a […]
Italy plans measures to support key sectors including microelectronics
By Elvira Pollina and Giuseppe Fonte ROME (Reuters) – Italy is preparing measures to support strategic industrial sectors including microelectronics […]
Magna lifts annual forecasts as results beat estimates on parts demand
(Reuters) -Canada’s Magna International on Friday raised its full-year profit and sales outlook after its quarterly results beat estimates on […]
US should extend EV tax benefits to Vietnam, says business lobby
By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – The United States should extend electric vehicle tax credit benefits to […]
EV maker Fisker cuts output forecast on supply chain woes; shares slide
By Akash Sriram and Abhirup Roy (Reuters) -Fisker Inc shares fell nearly 9% on Friday after supply chain issues forced […]
Albemarle jumps into global race to reinvent lithium production
By Ernest Scheyder (Reuters) – Albemarle is building an Arkansas facility to test its version of direct lithium extraction (DLE) […]
TDR, Sycamore in talks for joint Subway bid -sources
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) – Private equity firms TDR Capital and Sycamore Partners are in […]