archiveINDS08

Currencies

European shares slip after strong week

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 24, 2023. REUTERS/Staff Acquire Licensing RightsEZ economy starts Q4 on back foot, stoking recession fears - PMITIM shares lose early shine after KKR grid dealEvotec at STOXX 600 bottom after RBC rating downgradePostNL slumps after Q3 miss, EBIT forecast cutSTOXX 600 slips 0.2%Nov 6 (Reuters) - European shares eased on Monday after the benchmark index posted its biggest weekly jump since March, with the real estate sector losing steam, while Ryanair jumped following...
Banking

US investment banks see early signs of revival in dealmaking

Peter Orszag, CEO of Financial Advisory, Lazard, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Oct 27 (Reuters) - Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering hope that investment banking revenues could pick up after a disappointing third quarter.Dealogic data showed that globally, investment banking revenue tumbled 16% in the third quarter from a year earlier. But...
Stock Market

Stocks, Treasury yields retreat amid mixed earnings, economic data

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights10-yr Treasury yields pull back from 5%U.S., European and Asian stocks all fallECB hold rates as expected, but euro little affectedDollar climbs above 150 yen, dollar index ticks upOil slips, gold near five-month highOct 26 (Reuters) - Shares around the world fell and U.S. Treasury yields retreated on Thursday as investors digested mixed U.S. economic and corporate signals.The U.S. economy grew faster than expected in...
Banking

Worldline shock fuels European payments sector slump

U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsOct 25 (Reuters) - Worldline's shares shed more than half of their value on Wednesday after the French payments company stunned investors with a cut to its full-year targets, spooking the stocks of rivals such as Nexi and CAB Payments.Investors have grown increasingly cautious about the sector, where stretched valuations have come under pressure from higher interest rates and fintech funding has dropped sharply.Shares in Worldline...
Banking

EU lawmakers face struggle to reach agreement on AI rules -sources

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS, Oct 23 (Reuters) - European lawmakers are yet to agree on several issues related to new artificial intelligence rules ahead of a crucial meeting on Tuesday, leaving any deal off the table until December, according to four people familiar with the matter.The draft AI rules have to be agreed by the European Parliament and European Union member states. They have so far been discussed three times in trilogues,...
1 2 3 4 5 6 19
Page 4 of 19