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Month: November 2024

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Marriott trims 2024 profit forecast on sluggish China domestic travel demand
Posted inStock

Marriott trims 2024 profit forecast on sluggish China domestic travel demand

By Aishwarya Jain and Doyinsola Oladipo (Reuters) -Marriott International cut its annual profit forecast on Monday as weak domestic travel in China overshadows strong group and international demand, sending its…
Posted by November 4, 2024
Investing.com poll: What will the Fed do with interest rates on Thursday?
Posted inEconomy

Investing.com poll: What will the Fed do with interest rates on Thursday?

Investing.com — With the Federal Reserve set to announce its latest interest rate decision this Thursday, Investing.com’s latest poll is aiming to measure expectations on the central bank’s next move.…
Posted by November 4, 2024
Brazil’s Finance Minister says fiscal measures could be announced this week
Posted inEconomy

Brazil’s Finance Minister says fiscal measures could be announced this week

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Monday that fiscal measures to support the country’s fiscal framework could be announced this week, adding that the government is…
Posted by November 4, 2024
China EV price deal needs be as effective as tariffs, says EU official
Posted inEconomy

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as effective and enforceable as the EU tariffs that were imposed…
Posted by November 4, 2024
Pakistan central bank cuts rates by record 250 bp, beating expectations
Posted inEconomy

Pakistan central bank cuts rates by record 250 bp, beating expectations

By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank cut its key policy rate by a record 250 basis points to 15% on Monday, exceeding expectations, as the country bid…
Posted by November 4, 2024
Wall St set to open flat as US polls, Fed decision loom large
Posted inStock

Wall St set to open flat as US polls, Fed decision loom large

By Lisa Pauline Mattackal (Reuters) -Wall Street futures rose slightly on Monday, as traders geared up for an action-packed week in which Americans will elect a new president and the…
Posted by November 4, 2024
Consumer sentiment is improving, Morgan Stanley’s survey shows
Posted inStock

Consumer sentiment is improving, Morgan Stanley’s survey shows

Investing.com — Consumer sentiment in the U.S. hit a three-year high in October, according to Morgan Stanley’s latest AlphaWise survey, which tracked the spending intentions of U.S. consumers. The bank said…
Posted by November 4, 2024
Southwest names aviation veteran Gangwal as board chairperson
Posted inStock

Southwest names aviation veteran Gangwal as board chairperson

(Reuters) -Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud with activist investor Elliott.…
Posted by November 4, 2024
Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal
Posted inStock

Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal

(Reuters) – Air Transport Services (NASDAQ:ATSG) Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft…
Posted by November 4, 2024
Dollar slips, stocks edge up before tight US election
Posted inStock

Dollar slips, stocks edge up before tight US election

By Tom Wilson LONDON (Reuters) -The dollar fell while stocks eked out slim gains on Monday as investors trod carefully ahead of a U.S. presidential election of great consequence for…
Posted by November 4, 2024

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