Financial News

US Services PMI Surges, Exceeds Expectations, Boosting Dollar

US Services PMI Surges, Exceeds Expectations, Boosting Dollar

The latest data on the US Services Purchasing Managers’ Index (PMI) has been released, revealing a stronger than expected performance…
Manufacturing PMI Holds Steady, Meets Forecasted Numbers

Manufacturing PMI Holds Steady, Meets Forecasted Numbers

The Manufacturing Purchasing Managers’ Index (PMI) has managed to hold its ground, according to recent economic data. The actual PMI…
Euro zone business activity falls sharply in November, survey shows

Euro zone business activity falls sharply in November, survey shows

By Jonathan Cable LONDON (Reuters) -Euro zone business activity took a surprisingly sharp turn for the worse this month as…
Morocco’s annual inflation drops to 0.7% in October

Morocco’s annual inflation drops to 0.7% in October

RABAT (Reuters) – Morocco’s annual inflation, measured by the consumer price index, eased to 0.7% in October from 0.8% a…
UBS shifts airline stocks

UBS shifts airline stocks

Investing.com — UBS assumed coverage of U.S. airlines with an updated outlook, assigning Buy ratings to Alaska Air (NYSE:ALK) Group,…
Wall Street banks get a lift from trading Israeli currency, bonds

Wall Street banks get a lift from trading Israeli currency, bonds

By Stefania Spezzati and Libby George LONDON (Reuters) – The world’s top investment banks are on track to post the…
Macquarie sees Pay TV facing decline amid a shift to streaming

Macquarie sees Pay TV facing decline amid a shift to streaming

Investing.com — Following Comcast Corp (NASDAQ:CMCSA)plans to spin off most of its cable networks and MLB’s plan to exit regional sports,…
US oil firms unlikely to go ‘drill, baby, drill’ under Trump, says Exxon executive

US oil firms unlikely to go ‘drill, baby, drill’ under Trump, says Exxon executive

By Ron Bousso and Robert Harvey LONDON -U.S. oil and gas producers are unlikely to radically increase production under president-elect…
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant

Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant

By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian said on Monday it has received conditional approval for a loan of up…
Analysis-Trade demands clash with climate agenda at COP29 talks

Analysis-Trade demands clash with climate agenda at COP29 talks

By Kate Abnett BAKU (Reuters) – Trade tensions are flaring at the COP29 climate summit, with China, Brazil and a…
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