By Lewis Krauskopf NEW YORK (Reuters) – U.S. semiconductor companies will get a closer look from investors in coming weeks, after diverging reports from two industry leaders abroad set off a volatile few days of trading. Because semiconductors are key components in a broad array of products, chipmakers and related equipment companies are closely followed …
Wall Street zeroes in on semiconductors after turbulent week Read More »
(Reuters) -Bangladesh left-arm spinner Hasan Murad has replaced all-rounder Shakib Al Hasan for their first test against South Africa next week, the Bangladesh Cricket Board (BCB) said on Friday. Shakib had earlier said he was almost certain he will not return home for a farewell test following public anger over his silence during deadly protests …
Cricket-Bangladesh’s Murad replaces Shakib in final test Read More »
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row and what would be the first super-sized reduction in more than 15 years outside of the pandemic era. A jumbo cut next week, as …
Bank of Canada most likely to cut rates by 50 bps next week Read More »
By Jessica DiNapoli NEW YORK (Reuters) -PepsiCo and Coke bottlers in the West Bank are running out of cans and sugar, blocked by the prolonged closure of a Jordan border crossing, managers of two soda-bottling plants in the occupied Palestinian territory said. In the latest global supply chain snarl due to the conflict in the …
In West Bank, Pepsi and Coke bottlers face can and sugar shortage Read More »
MOSCOW (Reuters) -A Russian citizen detained in France for “destabilising” the Olympics has been placed under house arrest, Russian state news agency RIA reported, citing the Russian embassy in Paris. French police said in July they had arrested a 40-year-old Russian man days before the start of the Paris Games after finding evidence at his …
Russian held in France for ‘destabilising’ Olympics put under house arrest, RIA reports Read More »
By Nidhi Verma and Emily Chow NEW DELHI/SINGAPORE (Reuters) – India’s Hindustan Petroleum Corp (HPCL) is seeking a liquefied natural gas (LNG) cargo to commission its new import terminal in December or January, and is in talks with between eight and nine companies for long-term supply, three sources said. HPCL has built a 5 million …
India’s HPCL to start LNG terminal around year-end, seeks term supply, sources say Read More »
By Mikhail Flores MANILA (Reuters) – Philippine vice-president Sara Duterte accused President Ferdinand Marcos Jr of incompetence and a lack of leadership in a scathing attack on Friday that showed the deepening rift between the two powerful families ahead of midterm elections. Duterte, the daughter of Marcos’ predecessor, resigned from cabinet in June, signalling the …
Philippine political rift widens as VP Duterte accuses Marcos of incompetence Read More »
By Niket Nishant and Nupur Anand (Reuters) – Huntington Bancshares’ third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger deposit costs. The bank has diversified beyond lending into fee-earning businesses – a strategy that paid off as companies sold stocks and bonds and pursued deals, driving …
Huntington Bancshares beats profit estimates on capital markets strength Read More »
By Hritam Mukherjee and Shubham Batra (Reuters) – Foreign investors are on track to sell a record amount in Indian equities in October in absolute terms, as fund managers diverted their focus from richly valued local equities to China in hopes that Beijing’s recent stimulus may boost its ailing economy. Foreign portfolio investors have sold …
MULTAN, Pakistan (Reuters) -Bold selection calls and a spin-friendly surface in Multan helped Pakistan end their winless home run with a series-levelling victory in the second test against England on Friday. Pakistan’s victory by 152 runs in a little over three days is their first at home since they beat South Africa in Rawalpindi in …
Cricket–Bold Pakistan sink England to end home drought Read More »
