US single-family starts rebound; soaring mortgage rates cast a shadow
By Lucia Mutikani WASHINGTON (Reuters) -U.S. single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute
2023-10-18 23:18
Homebuilding bounced back in September
US homebuilding bounced back in September, after dropping in August to the lowest levels since 2020 as mortgage rates climbed.
2023-10-18 21:46
Canadian housing starts jump 8% in September -CMHC
TORONTO Canadian housing starts unexpectedly rose in September, climbing 8% compared with the previous month, as groundbreaking increased
2023-10-18 20:48
Singapore to inspect Credit Suisse, others in money-laundering scandal - Bloomberg News
(Reuters) -The Monetary Authority of Singapore (MAS) plans to conduct an on-site inspection of a local unit of Credit Suisse
2023-10-18 19:22
What the Israel-Hamas war means for defense stocks
When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.
2023-10-18 19:20
Rio Tinto flags return to record iron ore production
MELBOURNE Rio Tinto plans to raise output by 16% at its newest iron ore mine in Western Australia
2023-10-18 17:29
ASML reports third-quarter net profit of $2 billion, sees 2024 sales flat
AMSTERDAM (Reuters) -Semiconductor equipment maker ASML Holding NV reported on Wednesday third-quarter earnings of 1.9 billion euros ($2.01 billion), in
2023-10-18 13:23
GM postpones expanding production of electric trucks
General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday.
2023-10-18 05:58
Fitch places Israel on rating watch negative as Gaza war rages
(Reuters) -Fitch on Tuesday placed Israel's sovereign debt rating of "A+" on rating watch negative and warned a major escalation
2023-10-18 02:15
US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks
2023-10-17 23:20
DJ D-Sol out! Goldman Sachs CEO steps away from controversial spinning gig
Goldman Sachs chief executive (and noted party DJ) David Solomon will no longer perform at high-profile events, picking Wall Street over South Beach, a representative from the second-largest investment bank confirmed to CNN.
2023-10-17 21:54
Rolls-Royce plans up to 2,500 job cuts to revamp its 'burning platform' business
Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance.
2023-10-17 19:45