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European markets mostly higher; Trump’s Treasury pick, German Ifoin spotlight

Investing.com — European stocks mostly edged higher Monday, with global market sentiment helped by President-elect Donald Trump’s nomination as Treasury Secretary, but…
Stock

TD Bank prepares to hire compliance monitors as US CEO reassures staff

By Nivedita Balu TORONTO (Reuters) – TD Bank is preparing to install U.S. government-ordered monitors and has moved to reassure employees that…
Stock

Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine

By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning (NYSE:GLW) has offered to scrap all exclusive clauses in…
Stock

Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

By Ana Mano SAO PAULO (Reuters) – Brazilian meatpackers have reportedly stopped supplying meat to the Carrefour (EPA:CARR) group in Brazil after…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Stock

US election uncertainty is no reason to exit the market: UBS

Investing.com — As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely…
Stock

What a soft landing means for the momentum trade

Investing.com — According to analysts at Piper Sandler, 2024 is shaping up to be “one of the best years for momentum strategies in…
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