Luxury and energy sectors weaken European shares; French stocks fall 0.7%
By Sruthi Shankar and Shashwat Chauhan (Reuters) – European shares closed lower on Monday, bogged down by heavyweight luxury and…
Month: December 2024
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to…
Pakistan central bank cuts key rate by 200 bps, fifth in a row
By Ariba Shahid KARACHI (Reuters) -Pakistan’s central bank cut its key policy rate by 200 basis points to 13% on…
Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1 billion merger deal
By Manya Saini (Reuters) -Berkshire Hills Bancorp and Brookline Bancorp have agreed to merge in an all-stock deal valued at…
US manufacturers predict growth in 2025 after prolonged slump
WASHINGTON (Reuters) – U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital…
Cuba predicts 1% growth in 2025 after dismal year, economy minister says
HAVANA (Reuters) – Cuban Economy Minister Joaquín Alonso Vázquez on Monday forecast the Caribbean island’s economy would grow only 1%…
Canada announces new border funding after Trump tariff threat
OTTAWA (Reuters) – Canada’s government on Monday proposed C$1.3 billion ($913.05 million) for border security after U.S. President-elect Donald Trump…
T-Mobile announces $14 billion share buyback program
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares…
Fed rate view in focus as robust stocks year draws to close
By Lewis Krauskopf NEW YORK (Reuters) – A banner year for U.S. stocks gets one of its last big tests…
Exclusive-Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt
By Krystal Hu, Kenrick Cai and Echo Wang (Reuters) – Software firm Databricks is nearing a deal that could become…