Fed’s Musalem Suggests Rate Cuts Will Continue, But Remains Tight-Lipped on December Outlook
NEW YORK – St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will […]
Edward Cooke
Author's Articles
AstraZeneca Names Exec to Take on Role of Detained China Head
On Wednesday, AstraZeneca (LON: AZN) named Iskra Reic as its new international executive vice president (EVP), taking over from Leon […]
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Exclusive: ‘Radical’ Targets Toppled Tavares at Stellantis, Sources Say
MILAN/PARIS – Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis (NYSE: STLA) CEO […]
Exclusive: ‘Radical’ Targets Toppled Tavares at Stellantis, Sources Say Read More »
Google Cloud Partners with Air France-KLM to Integrate Generative AI Technology
On Wednesday, Google Cloud said it had partnered with Air France-KLM to deploy generative artificial intelligence (AI) technology on the […]
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Intel Approaches Candidates for CEO Role, Including Former Board Member Lip-Bu Tan, Reuters Reports
Intel (NASDAQ: INTC) has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of […]
Fed Policymakers Steer Clear of December Rate-Cut Guidance
On Tuesday, U.S. central bankers said they continue to believe inflation is heading down to their 2% target and signaled […]
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Stellantis Credit Rating Under Review on Weak Performance, DBRS Morningstar Says
Stellantis’ (NYSE: STLA) credit rating is under review by DBRS Morningstar due to its weaker-than-expected operating performance so far this […]
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Explainer: What is Next for Musk After Judge Rules Against Him in Tesla Pay Case?
WILMINGTON, Delaware – Tesla (NASDAQ: TSLA) cannot give Elon Musk a $56 billion compensation package despite a vote in support […]
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Fed’s Williams Sees Room for More Rate Cuts as Inflation Cools
NEW YORK – Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is […]
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Fed’s Bostic: Base Case Remains for Inflation to Continue Falling
Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates […]
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US Proposes $7.54 Billion Loan for Stellantis-Samsung SDI Battery Joint Venture
WASHINGTON – The U.S. Energy Department said Monday it plans to loan up to $7.54 billion to a joint venture […]
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Meta Tightens Ad Rules to Curb Financial Scams Aimed at Australians
SYDNEY – On Monday, Instagram and Facebook-owner Meta Platforms (NASDAQ: META) said it had introduced stricter rules for advertisers of […]
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Brookfield and Iguatemi Near Agreement on Malls Sale: Sources
SAO PAULO – Brookfield Asset Management (NYSE: BAM) and Brazilian shopping center operator Iguatemi SA are nearing an agreement regarding […]
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Trump’s Tariffs Could Cost Carmakers up to 17% of Combined Core Profits, S&P Says
European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. […]
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China Adds AstraZeneca’s Breast Cancer Drug Enhertu to State Health Coverage
SHANGHAI – AstraZeneca’s (NASDAQ: AZN) blockbuster breast cancer drug Enhertu will be added to China’s state-run health insurance scheme from […]
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US Pending Home Sales Rise for Third Straight Month, NAR Says
Contracts to buy U.S. previously owned homes rose unexpectedly in October, notching a third straight month of increases, despite high […]
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US Housing Affordability to Worsen Even as Price Rises Slow: Reuters Poll
BENGALURU – Purchasing affordability for first-time U.S. homebuyers will worsen over the coming year on tight supply and just a […]
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Grifols (NASDAQ: GRFS) Stock Plummets After Brookfield Drops Takeover Plan
MADRID – Canadian fund Brookfield (NYSE: BN) has dropped its plan to take over Spain’s Grifols (NASDAQ: GRFS) due to […]
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Santander Totta CEO Signals Interest in Acquiring Novo Banco
LISBON – The Portuguese arm of Spanish banking giant Santander (NYSE: SAN) would consider a potential acquisition of rival Novo […]
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EU Concludes Sabadell Bid Subsidy Review Without Objections, Says BBVA
MADRID – On Tuesday, BBVA (NYSE: BBVA) said the European Commission had not raised any objections to its bid for […]
EU Concludes Sabadell Bid Subsidy Review Without Objections, Says BBVA Read More »
Google to Tweak Search Results in Europe Following Complaints from Rivals
BRUSSELS – Google plans to make adjustments to displaying search results on its platform in Europe after some smaller rivals […]
Google to Tweak Search Results in Europe Following Complaints from Rivals Read More »
Walmart to Roll Back Some Diversity Policies Amid Pressure from Conservatives
Walmart (NYSE: WMT) plans to cut back some of its diversity, equity, and inclusion (DEI) initiatives, a spokesperson for the […]
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Wall Street Closes Higher; Small-Caps Hit Record High After Trump Nominates Bessent
Wall Street’s main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott […]
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UK Regulator Fines Barclays $51M After Bank Drops Appeal Over Qatar Dealings
LONDON – Britain’s financial regulator has fined Barclays (NYSE: BCS) 40 million pounds ($50.9 million) for its failure to disclose […]
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