Page 2556 - Business Finance
Canada's maturing Big Weed hits up Europe hoping for expansion cash
TORONTO/LONDON (Reuters) - A favorite of DIY stock pickers, Canadian cannabis firms are trying to bolster their institutional investor base by ramping up efforts to woo European funds as countries across the region approve marijuana for medical use.
Oil prices fall as economic concerns counter tightening supplies
SINGAPORE (Reuters) - Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth.
U.S. Fed says it whipped U.S. unemployment, maybe too well
WASHINGTON (Reuters) - U.S. Federal Reserve officials tout a decade of falling unemployment as among their major victories in fighting the economic crisis of 2007 to 2009.
U.S. Fed has room to raise interest rates for some time, Brainard says
SAN FRANCISCO (Reuters) - The Federal Reserve has room to raise interest rates over the next couple of years without slowing economic growth, Fed Governor Lael Brainard said on Wednesday, suggesting that monetary policy would likely continue to tighten for some time.
Amid central bank tightening, a brief history of benchmark rates
NEW YORK (Reuters) - Major central banks are turning to tighter monetary policy and the effects are being felt throughout global financial markets.
U.S. firms in China feeling 'clear and far reaching' trade war pinch: survey
SHANGHAI (Reuters) - American companies in China are being hurt by tariffs in the growing trade war between Washington and Beijing, according to a survey of hundreds of firms, prompting the U.S. business lobbies behind the poll to urge the Trump administration to reconsider its approach.
US stocks end mostly higher but in a mixed mode
Apple unveils new iPhones
Asia Inc second-quarter profits grow at slowest pace in nearly 2 years as trade tensions rise
(Reuters) - Asian companies posted their lowest profit growth in nearly two years in the June quarter and earnings are likely to come under further pressure, weighed down by the escalating U.S.-China trade war and high currency volatility, Reuters analyses showed.
Australia regulator allowed insurer to avoid fine over misleading ads
SYDNEY (Reuters) - Australia's corporate regulator allowed an insurer to make a A$300,000 community donation to resolve cases of misleading advertising which could have drawn fines of up to A$8 million ($5.7 million), an inquiry into financial sector misconduct heard on Thursday.
OPEC sees slower 2019 oil demand growth, warns on economy
LONDON (Reuters) - OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group's efforts to support the market next year.
Canadian miner New Gold explores sale, sources say
TORONTO (Reuters) - Canadian miner New Gold Inc is exploring a sale as it grapples with ballooning development costs and operating challenges at its new mine, people familiar with the situation told Reuters.
Brazil, Australia to fight any Indian sugar export subsidy
SAO PAULO (Reuters) - Brazilian and Australian sugar industry groups are working together with their respective governments to prepare a formal complaint to the World Trade Organization (WTO) over any possible sugar export subsidy by India, a top Brazilian sugar official told Reuters.
Japan manufacturers' mood slips amid global trade tensions - Reuters Tankan
TOKYO (Reuters) - Confidence among Japanese manufacturers slipped in September from August's seven-month high, a Reuters poll showed on Thursday, a sign the escalating trade war between Washington and Beijing is keeping exporters on edge.
Bank of England to keep rates steady after August rise
LONDON (Reuters) - Britain's central bank looks set to keep interest rates on hold on Thursday, giving the economy time to digest August's increase in borrowing costs, which was only the second such move by the Bank of England in the decade since the financial crisis.
Sports Direct rules out Debenhams bid after shares rise on director comments
LONDON (Reuters) - Britain's Sports Direct officially ruled out a takeover bid for Debenhams on Wednesday after an outgoing director of the sportswear firm said the board had discussed combining the department store group with House of Fraser.
Petrol reaches Rs 81/litre in Delhi
Fuel prices once again witnessed a hike on Thursday, with petrol being sold at Rs 81.00 per litre and diesel at Rs 73.08 per litre here in the national capital.The price of petrol has been increased by 13 paise per litre, while diesel saw a hike of 11 paise per litre, as compared to Tuesday's prices in New Delhi.In Mumbai, petrol and diesel have touched a new high of Rs 88.39 and Rs 77.58 per litre respectively.On Wednesday, fuel prices remained steady after breaching record levels continuously for over a week.As per the Indian Oil Corporation, petrol was being sold at Rs 80.87 and diesel at Rs 72.97 per litre in the national capital on Tuesday, while in Mumbai, petrol and diesel were being sold at Rs 88.26 and Rs 77.47 per litre respectively.On Monday, the commuters in New Delhi paid Rs 80.73 to get a litre of petrol and for diesel Rs 72.83. On Sunday, Delhites were charged Rs 80.50 for a litre of petrol while diesel was sold for Rs 72.61 per litre.In Mumbai, the financial capital, ..
Global Markets: Asian shares rebound on hopes of fresh U.S.-China trade talks
TOKYO (Reuters) - Asian shares won a reprieve on Thursday as news the Trump administration has reached out to China for a new round of trade talks raised hopes a deal could be struck in the bitter tariff dispute between the world's two biggest economies.
UK house prices steady, sales weakest in 5 months - RICS
LONDON (Reuters) - House prices in London fell last month at the fastest pace since April but there were strong gains away from southern England, giving a broadly flat picture overall, the Royal Institution of Chartered Surveyors said on Thursday.
Japan's booming July machinery orders point to accelerating capex, growth
TOKYO (Reuters) - Japan's core machinery orders robustly exceeded expectations in July, rebounding from the previous month's decline and firming up the view that capital expenditure will continue to expand and boost overall economic growth.
Oil prices slip as economic growth concerns counter tighter supplies
SINGAPORE (Reuters) - Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth.