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Dec 02, 2024
Exclusive-Bangladesh halves power buying from India's Adani amid payment dispute
By Krishna N. Das DHAKA (Reuters) - Bangladesh has halved the power it buys from neighbouring India's Adani Power (NS:ADAN), citing lower winter demand, government officials...
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Dec 02, 2024
Canadian banks to show mixed Q4 earnings as mortgage renewals, rate cuts loom
By Nivedita Balu TORONTO (Reuters) - Four out of Canada's six largest banks are expected to show a rise in earnings for the fourth quarter as Bay Street turns its focus to the...
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Dec 02, 2024
Morning Bid: Dollar flexes on Trump swipe, French politics, yuan slide
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar breezed into December on the front foot, helped by Donald Trump's weekend support for its global...
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Dec 02, 2024
Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries
By Lisa Baertlein LOS ANGELES (Reuters) - The weak demand bedeviling package delivery companies like United Parcel Service (NYSE:UPS) and FedEx (NYSE:FDX) promises to be great...
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Dec 02, 2024
TD Bank taps HSBC Canada's former chief compliance officer, sources say
By Nivedita Balu TORONTO (Reuters) -TD Bank has hired Georgia Stavridis from Royal Bank of Canada to become a vice president in financial crimes risk management, a newly created...
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Dec 02, 2024
Trump boost to push Nasdaq toward 20,000 earlier than expected: Yardeni
-- Yardeni Research has reiterated its target for the S&P 500 index at 6,100 by the end of the year. For the tech-heavy NASDAQ Composite, the firm forecasts it to...
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Dec 02, 2024
India stocks higher at close of trade; Nifty 50 up 0.59%
– India stocks were higher after the close on Monday, as gains in the Real Estate, Consumer Durables and Metals sectors led shares higher. At the close in NSE, the...
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Dec 02, 2024
US strengthens chip curbs on China
-- The Biden administration has announced stricter measures to limit China’s access to key chipmaking components and AI technologies, Bloomberg News reported Monday,...
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Dec 02, 2024
US consumers driving strong e-commerce holiday spending
-- The US e-commerce sector performed strongly during the Thanksgiving and Black Friday shopping period, Oppenheimer revealed in a new industry report. Specifically,...
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Dec 02, 2024
S&P 500 set for higher, more volatile path to 6,600 by mid-2025
-- The S&P 500 index is facing a higher, more volatile path to 6,600 by mid-2025, Evercore ISI analysts projected in a note Sunday. “Post Election market action,...
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