Emerging markets need $1.5 trillion to make buildings greener - World Bank's IFC
By Tommy Wilkes and Simon Jessop LONDON Emerging markets will need $1.5 trillion in investment before 2035 to
2023-10-25 21:26
Boeing trims annual 737 delivery target due to supplier errors
(Reuters) -Boeing on Wednesday cut its 737 delivery forecast for this year due to quality issues at supplier Spirit AeroSystems,
2023-10-25 20:16
Kering shares fall 4% after sales drop, dragging down luxury sector
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury
2023-10-25 17:28
Dutch lawmakers question new US export restrictions on ASML chip machine
AMSTERDAM Several Dutch lawmakers on Tuesday challenged the Netherlands' Trade Minister over whether the U.S. has acted correctly
2023-10-25 07:21
Big banks had a strong Q3. What about regional banks?
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.
2023-10-25 03:54
Kering sales down 9% as luxury slowdown stalls revamp
By Mimosa Spencer PARIS French luxury group Kering reported a bigger-than-expected drop in third quarter sales, underperforming major
2023-10-25 03:20
Chile's Cochilco says large-scale copper mining costs keep growing
SANTIAGO The costs of large-scale copper mining in Chile kept rising due to lower production and rising service
2023-10-25 02:25
Another massive autoworkers strike expansion: 5,000 UAW workers walk off at GM's biggest plant
The United Auto Workers union announced a surprise targeted strike against General Motors' Arlington Assembly plant in Texas on Tuesday morning. 5,000 members walked off the job, joining the now 45,000 UAW members on the picket lines. This expanded strike impacts GM's Chevy Tahoe, Chevy Suburban, GMC Yukon and Cadillac Escalade.
2023-10-24 22:59
US regulators unveil updated fair lending rules for banks
By Pete Schroeder WASHINGTON U.S. banking regulators are set to adopt new rules to modernize fair lending standards
2023-10-24 21:45
The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:55
GM earnings rise despite strike
General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
2023-10-24 18:46
Hedge funds trim exposure to megacap tech stocks, banks say
By Carolina Mandl NEW YORK Global hedge funds reduced their exposure to mega cap tech stocks in recent
2023-10-24 03:48