Reuters Logo

View in browser

Reuters Business

  Tweet       Share

TSX eyes upbeat start to March as oil, gold prices climb

Futures for Canada's main stock index gained on Friday tracking a rise in crude oil and gold prices, while gains were capped as investors took a breather after Thursday's rally on upbeat domestic quarterly results.

What's the state of play in WTO negotiations in Abu Dhabi?

World Trade Organization (WTO) negotiators released new draft deals on Friday showing that all-night talks in Abu Dhabi had failed to produce a breakthrough on key issues, leading to a third extension for the delegates to reach an agreement.

NYCB shares plunge as loan review disclosure adds to CRE exposure woes

New York Community Bancorp shares fell 30% before the bell on Friday after it found "material weaknesses" in internal controls related to its loan review, adding worries to investors already fretting over its commercial real estate (CRE)exposure.

No takeover please, Uniper CEO says as state exit looms

Uniper is opposed to being bought by a rival as part of Berlin's efforts to sell down its 99% stake in the German energy trader, which was bailed out at the height of Europe's energy crisis, its chief executive said.

Brazil's economy grows 2.9% in 2023

Brazil ended 2023 with an economic growth of 2.9%, official data showed on Friday, way above what economists expected for most of last year but maintaining in the fourth quarter a slowing trend that should cripple its expansion in 2024.

Global factories struggle for growth as China demand remains weak

Global factories struggled to claw their way out of decline in February, with European powerhouse Germany squeezed by a steeper fall in demand while an uneven recovery in China overshadowed some signs of improvement in Asia.

ADM expects to disclose material weakness in annual report

Grain trader Archer-Daniels-Midland said on Friday it was expecting to report material weakness in the internal control over financial reporting in its annual report, which it aims to file by March 15.

Dell shares soar as annual forecast gets a boost from AI adoption

Dell Technologies shares surged more than 20% on Friday after the tech equipment maker provided an annual forecast that was largely ahead of Wall Street expectations and reinforced rising demand for AI-related gear.

Number of agencies have concerns about 'sideloading' on iPhone, Apple says

A number of government agencies in the European Union and elsewhere have voiced concerns about security risks as Apple opens up its iPhones and iPads to rival app stores to comply with EU tech rules, Apple said on Friday.

UK's M&S wins court challenge over blocked Marble Arch store plan

The British government's decision to block retailer Marks & Spencer from rebuilding its flagship store in Marble Arch in central London was unlawful, the High Court ruled on Friday.

Sponsors are not involved in the creation of newsletters or other Reuters news content.

Advertise in this newsletter or on Reuters.com

To manage which newsletters you’re subscribed to, click here.
Want to stop receiving this email? Unsubscribe here.
facebook        twitter        instagram        youtube

© 2024 Thomson Reuters. All rights reserved.

3 Times Square, New York, NY 10036

Privacy Policy    |   Terms and Conditions