November 2024 – Page 31 – Best Day Investing

Dollar pulls ahead as markets focus on Trump policies, Fed outlook

By Brigid Riley TOKYO (Reuters) – The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess…

November 21, 2024

Economy

UK pay growth steady but firms see higher costs ahead, Brightmine says

LONDON (Reuters) – Growth in pay awards by British employers held steady in the three months to October but is expected to cool in 2025, according to a survey on…

November 21, 2024

Stock

Australia’s HMC Capital launches new digital infrastructure trust in $1.8 billion IPO

By Roushni Nair (Reuters) -Australia’s HMC Capital on Thursday unveiled plans to launch DigiCo REIT, a new digital infrastructure real estate trust focused on data centers, in the country’s largest…

November 21, 2024

Stock

Boeing gives lay off notices to nearly 700 in Missouri

SEATTLE – Boeing (NYSE:BA) issued lay off notices to 692 workers in Missouri, home to the company’s Defense, Space & Security division, according to a federally-required filing posted on Wednesday,…

November 21, 2024

Stock

Brazil development bank gets $690 million loan from China

By Lisandra Paraguassu BRASILIA (Reuters) – China Development Bank signed a deal on Wednesday to loan 5 billion yuan ($690 million) to Brazil’s National Bank for Economic and Social Development…

November 21, 2024

Stock

Musk, Ramaswamy will lean on Supreme Court rulings to cut US agencies

(Reuters) -Elon Musk and Vivek Ramaswamy said the government efficiency panel that President-elect Donald Trump has named them to lead will follow recent U.S. Supreme Court rulings that they say…

November 21, 2024

Stock

Trump planning to tap loyalist Vought to lead OMB, sources say

By Gram Slattery and Alexandra Ulmer (Reuters) – President-elect Donald Trump is planning to tap conservative loyalist Russell Vought to be the director of the U.S. Office of Management and…

November 21, 2024

Stock

China-based biotech Laekna teams up with Lilly to develop muscle preserving obesity drug

(Reuters) – Eli Lilly (NYSE:LLY) and Hong Kong-listed Laekna will collaborate to develop an experimental obesity drug that aims to help patients lose weight while preserving muscle, the biotech said…

November 21, 2024

Economy

Palo Alto tops revenue and profit estimates on steady cybersecurity demand

(Reuters) – Palo Alto Networks (NASDAQ:PANW) beat Wall Street expectations for first-quarter revenue and profit on Wednesday, owing to healthy spending for its cybersecurity services amid a rise in digital…

November 21, 2024

Economy

New Zealand Treasury likely to cut economic and fiscal forecasts, official says

By Renju Jose SYDNEY (Reuters) – New Zealand’s Treasury said on Thursday it would likely cut its economic and fiscal forecasts because of a sustained productivity slowdown in the economy.…

November 21, 2024