Abbott is weighing takeover of Exact Sciences, Bloomberg News reports
Nov 19 (Reuters) – Medical device maker Abbott Laboratories (ABT.N), opens new tab is nearing a potential takeover…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Health insurers slide as US reaches government shutdown deal without extending subsidies
Nov 10 (Reuters) – Shares of health insurers fell about 2% to 10% in early trading on Monday…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
China’s factory-gate deflation eases in October, consumer prices rise
October consumer prices rise 0.2% from a year earlier Producer price index extends three-year drop but moderates Authorities…
Markets brace for life after global easing cycle
ORLANDO, Florida, Nov 6 (Reuters) – The global interest-rate cutting cycle has likely peaked. The question now is…
Canada’s Ivey PMI shows activity expanding at slower pace in October
TORONTO, Nov 6 (Reuters) – Canadian economic activity expanded at a slower pace in October as a measure…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…
Morning Bid: Selloff abates as economy hums, layoffs rise
Nov 6 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
AMD reports adjusted gross margins of 54%, ahead of Wall Street expectations AI chip demand boosts AMD’s data…
Asian stocks rise on AI sentiment, dollar near 3-month high
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings…
China factory activity stumbles as export orders dry up
China’s manufacturing PMI remains below growth threshold at 49.0 Non-manufacturing PMI rises to 50.1 from 50.0 in September…