Business
Prices at the Pumps: This week is a gasoline guess
Via Rail ridership still well below pre-pandemic levels as losses mount and trains face retirement
Two years after travel came roaring back after COVID, Via Rail’s ridership numbers are still substantially below where they were before the pandemic, and the Crown corporation is bleeding money even as it faces an urgent need to replace its ...
South Korea urges better cooperation on supply chain with China
SEOUL (Reuters) - South Korea's finance minister on Thursday said Seoul and Beijing should seek better economic cooperation on the supply chain for raw materials. "We should lead global industries by cooperating on supply chain and technologies ...
Deutsche Bank under fire from investors over Postbank problems
By Tom Sims FRANKFURT (Reuters) -Big investors in Deutsche Bank vented their frustration at Germany's top lender on Thursday, describing problems at its Postbank business as a trust-damaging embarrassment. The complaints at Deutsche's annual general ...
GameStop, AMC slide as meme stocks rally loses steam
(Reuters) - Retail darlings GameStop and AMC continued their slide into premarket trading on Thursday, as the euphoria over the return of "Roaring Kitty", who was the central figure in 2021 meme stock rally, fizzles out. Shares of the struggling ...
Digitalisation of banking creates new risks, says global watchdog
By Huw Jones LONDON (Reuters) - The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking regulators said in a report on ...
Israel's economy rebounds in wake of Gaza war, grows 14.1% in Q1
JERUSALEM (Reuters) - Israel's economy recovered sharply in the first quarter of 2024 after a steep contraction in late 2023 that followed the start of war in Gaza with Palestinian Islamist group Hamas last October. The Central Bureau of ...
Morning bid: New highs hold as disinflation resumes, US cools
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating U.S. economy dissipate - stirring hopes that the coast is clearing for ...
Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes
By Pete Schroeder WASHINGTON (Reuters) - Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. The trip wasn't his idea. It was arranged, paid for and ...
Chinese retailer JD.com reports Q1 revenue that beats estimates
(Reuters) - Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as deep price cuts helped boost sales that had been hit hard by cautious customer sentiment. Net revenue rose 7% to 260 billion yuan ...
Deere cuts 2024 profit forecast on demand slowdown
(Reuters) - Deere trimmed its annual profit forecast for the second time on Thursday, as farmers buy fewer tractors and combine harvesters due to falling crop prices. The world's largest farm equipment maker said it now expects fiscal 2024 net ...
More Business Stories
Meta faces EU investigation over child safety risks
Exclusive-Chevron prepares for North Sea exit after more than 55 years
Swedish court rejects Tesla appeal in licence plate case
Adidas plans cheaper versions of popular shoes
AIG to sell 20% stake in Corebridge for $3.8 billion
India's Zoho plans $700 million foray into chipmaking
Tel Aviv Stock Exchange to align trading week with global bourses
Foreign investors snap up long-term Japan bonds after three-week selling streak
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