October 24, 2024 – Best Day Investing – Investing and Stock News

A GOP operative accused a monastery of voter fraud. Nuns fought back.

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The day before, a Republican operative in…

October 24, 2024

Stock

Seven & i CEO says new company structure will allow growth

By Rocky Swift TOKYO (Reuters) – Seven & i Holdings’ plan to hive off underperforming businesses will allow it to expand its core 7-Eleven convenience stores, its chief executive said…

October 24, 2024

Stock

China’s Hesai to sue Pentagon after being reinstated to blacklist, FT reports

(Reuters) – Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times…

October 24, 2024

Stock

Tesla promises paid robotaxis next year, but significant hurdles remain

By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year,…

October 24, 2024

Stock

TSMC halts chip supply to customer after finding it in Huawei product, source says

TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in a Huawei product,…

October 24, 2024

Economy

PMIs take centre stage

A look at the day ahead in European and global markets from Rae Wee Markets in Europe on Thursday will be focused on a raft of preliminary Purchasing Managers’ Index…

October 24, 2024

Economy

Dubai and Abu Dhabi race to lure world’s wealth managers

By Nell Mackenzie, Federico Maccioni and Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi is emerging from Dubai’s shadow as it attracts its own share of asset managers’ and billionaires…

October 24, 2024

Economy

Japan warns against ‘one-sided’ currency moves as yen slides

By Leika Kihara WASHINGTON (Reuters) – Japanese Finance Minister Katsunobu Kato issued a warning against currency speculation on Wednesday, expressing concern over “one-sided, rapid” moves in the currency market that…

October 24, 2024

Stock

Elliott, Southwest Airlines near deal to avert board battle, Bloomberg News reports

(Reuters) – Elliott Investment Management and Southwest Airlines (NYSE:LUV) are close to reaching a settlement agreement that would avert a proxy battle over control of the airline’s board, Bloomberg News…

October 24, 2024

Stock

Asia stocks fall as rising yields dent tech, weak data weighs

Investing.com– Most Asian stocks fell on Thursday as rising U.S. Treasury yields pressured technology stocks, while weak economic prints from several regional economies also weighed on sentiment. Regional markets took…

October 24, 2024