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Economy

Japan premier Ishiba vows big spending, drifts away from fiscal restraint

By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba’s administration has pledged to draft another big spending package, shifting further…

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Economy

US import prices post biggest drop in nine months in September

WASHINGTON (Reuters) – U.S. import prices fell by the most in nine months in September amid decreases in the costs of energy…

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Economy

Morgan Stanley’s profit beats estimates on investment banking windfall

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) -Morgan Stanley’s third-quarter profit surpassed estimates on an investment banking windfall that had…

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Economy

ASML’s lowered forecast suggests factory overcapacity, not chip doom

By Max A. Cherney and Stephen Nellis (Reuters) – ASML (AS:ASML)’s deep forecast cuts that sparked a global tech stock selloff signal…

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Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…

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Stock

BofA sees biggest jump in investor optimism, growth expectations since 2020

Investing.com — Investor sentiment has surged to its highest level since mid-2020, according to Bank of America’s October Global Fund Manager Survey. The…

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Stock

Emirates orders more Boeing 777F freighters, sources say

PARIS (Reuters) – Dubai’s Emirates, one of the world’s largest cargo carriers, is expanding its fleet of Boeing (NYSE:BA) 777F freighters as…

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Stock

Wall Street mixed as megacap tech stocks fall; banks gain

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -The Dow regained some lost ground on Wednesday although the S&P 500 and the…

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Stock

Abbott bumps up profit forecast on strong medical device sales

(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…

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Stock

European tech, luxury stocks tumble as ASML, LVMH results disappoint

By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…

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