Ozempic Fear in Food and Drink Stocks Has ‘Gone Overboard,’ RBC Says
The stocks rout fueled by the frenzy around a new class of weight-loss drugs is starting to make
2023-10-21 02:51
VW Cuts Margin Forecast on Hedging Loss, Higher Costs
Volkswagen AG trimmed its profitability forecast for the year after earlier hedging losses were compounded by higher costs
2023-10-21 02:46
Russia Considers Extra Gas Tax to Finance Subsidies for Oil Refiners
Russian authorities are considering raising the tax burden on the nation’s gas industry to help finance a return
2023-10-21 01:29
Big Banks Get a Breather to Respond to Planned Capital Mandates
Top US financial regulators on Friday delayed a deadline for comments on their sweeping plan to impose tighter
2023-10-21 01:23
Google Is Latest to Pull Out of Web Summit Over Israel Controversy
Alphabet Inc.’s Google joined a growing list of companies and investors bowing out of the Web Summit technology
2023-10-21 00:49
Regions Financial Sinks Most Since March After Earnings Miss
Regions Financial Corp. slumped as much as 16% after warning it expects further declines in net interest income
2023-10-21 00:15
Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
The naira slid to the brink of 1,000 per dollar in a fresh low in the official market
2023-10-20 23:56
BlackRock-Backed Navigator Scraps US Corn Belt CO2 Pipe Plan
A BlackRock Inc.-backed plan to build a pipeline that would capture carbon emissions from the US corn ethanol
2023-10-20 23:55
Canada Retail Sales Are Flat, Cementing October Rate Pause
Canadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest
2023-10-20 23:27
European Gas Wavers Near €50 on Fears of Wider Mideast Conflict
European natural gas fluctuated amid concerns that the conflict in the Middle East will widen and affect global
2023-10-20 23:27
Petrobras Lifts Diesel on Mideast Crisis; Cuts Gasoline
Brazil’s state-controlled oil company Petroleo Brasileiro SA raised domestic diesel prices, saying it is concerned that the conflict
2023-10-20 23:26
Steel Talks Stall Before US-EU Summit, Risking Tariff Return
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit
2023-10-20 21:45