SYDNEY (Reuters) – Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures eased markedly in a promising sign for slower inflation. The survey from National Australia Bank (NAB) showed its index of business conditions dipped 2 points to +7 in December, though …
Australia Dec business conditions ease, price pressures cool Read More »
By Karl Plume and Seher Dareen (Reuters) -Shares of Archer-Daniels-Midland plunged 24% on Monday, its biggest one-day drop since 1929, after CFO Vikram Luthar was placed on administrative leave as the company investigates accounting practices at its Nutrition segment. The global grains merchant cut its 2023 profit forecast and said fourth-quarter results would be delayed …
ADM shares plunge 24% in worst day since 1929 as CFO is placed on leave Read More »
By Dawn Chmielewski (Reuters) -Netflix said on Monday that Scott Stuber, head of films, will leave the streaming service pioneer in March to start his own media company. No replacement was identified. Stuber, who joined the company in 2017 to expand its slate of original films, was named the chairman of Netflix Film in January …
Netflix films chief Stuber to depart, start own firm Read More »
By Nate Raymond BOSTON (Reuters) -A U.S. appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of weapons to drug cartels across the U.S.-Mexico border. The Boston-based 1st U.S. Circuit Court of Appeals overturned a lower-court judge’s decision dismissing the case on …
US appeals court revives Mexico’s $10 billion lawsuit against gun makers Read More »
QUITO (Reuters) – Ecuador’s police on Monday said they have captured the leader of Colombian armed group Oliver Sinisterra and that Ecuadorean authorities will return him to Colombia. News of the capture comes amid a military offensive launched by Ecuador’s government to combat criminal gangs. President Daniel Noboa declared a state of emergency with nighttime …
Ecuador police capture leader of Colombian dissident rebel group Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 posted a second straight record high close on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for clues on this year’s profit outlook. Friday’s finish confirmed that the S&P 500 has been in a bull market since it closed …
S&P 500 ends with record high for 2nd session in row Read More »
By James Oliphant EPPING, New Hampshire (Reuters) – At a campaign event in eastern New Hampshire, last week, Melinda Tourangeau was wearing a Nikki Haley button on her lapel and a broad smile on her face. Tourangeau, 57, said she would be thrilled to cast a vote for Haley in Tuesday’s Republican primary. Just as …
For women backing Haley, a sigh of relief at not voting for Trump Read More »
By Nandita Bose and Trevor Hunnicutt WASHINGTON/WAUKESHA, Wisconsin (Reuters) – U.S. President Joe Biden and Vice President Kamala Harris on Monday took aim at Republican curbs on abortion rights, a galvanizing issue for Democrats that they hope will boost enthusiasm among their base, attract independent voters, and increase turnout in November. Women in America face …
Biden, Harris target Trump, Republicans on abortion rights Read More »
WASHINGTON (Reuters) – The U.S. Treasury said on Monday it had approved more than $228 million in funding for high-speed internet projects in New York state from the COVID-era American Rescue Plan’s $10 billion Capital Projects Fund, aimed at connecting rural and underserved communities. THE TAKE With Tuesday’s New Hampshire primary possibly cementing former president …
U.S. Treasury approves $228 million for New York state internet projects Read More »
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Only five months ahead of Mexico’s presidential election, a survey of business executives released on Monday revealed their main concerns center on the outcome of the vote plus longstanding worries over insecurity dragging down the economy. The survey conducted by consultancy KPMG showed 58% of executives see the …
Business leaders flag upcoming election, security as top concerns in Mexico Read More »
