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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By Isla Binnie and Megan Davies NEW YORK (Reuters) – Synthetic intelligence is predicted to point out massive beneficial properties in productiveness at banks, panelists mentioned on the Reuters Subsequent (LON:NXT) convention in New York, however it has thus far…
By Jody Godoy and Aishwarya Venugopal (Reuters) -Albertsons and Kroger (NYSE:KR) terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the previous suing its rival and alleging a breach of contract that led to the…
By Nivedita Balu TORONTO (Reuters) – A former TD Financial institution worker based mostly in Florida was arrested and charged with facilitating cash laundering to Colombia, New Jersey’s legal professional common mentioned on Wednesday, within the first such arrest for…
By Anirban Sen and Echo Wang NEW YORK (Reuters) -Prime Wall Road CEOs and dealmakers are anticipating an uptick in bigger mergers and acquisitions underneath the incoming Trump administration, after such megadeals evaporated this 12 months resulting from a harsher…
(Reuters) – The NewsGuild of New York stated on Wednesday it had reached a tentative deal on a three-year contract with the New York Instances (NYSE:NYT), after greater than 600 tech employees at NYT went on a week-long strike in…
By Nora Eckert and David Shepardson DETROIT/WASHINGTON (Reuters) -Volkswagen stated Wednesday it’s providing its newly unionized staff at its Tennessee meeting plant a 14% wage improve over 4 years and revenue sharing. The automaker and United Auto Employees union, which…
By Raul Cortes MEXICO CITY (Reuters) – Newmont’s Mexican division mentioned on Wednesday it sees an “openness for dialogue” from the Mexican authorities, amid the proposed enhance in mining royalties, which may doubtlessly hinder billions of {dollars} in investments. WHY…
SYDNEY (Reuters) – Australia’s centre-left authorities on Thursday will unveil new guidelines that might impose fines on Huge Tech firms in the event that they refuse to proceed to pay Australian media companies for information content material hosted on their…
By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) – Funding financial institution Lazard (NYSE:LAZ)’s CEO, Peter Orszag, predicted a surge in dealmaking momentum to proceed into subsequent yr, helped by personal fairness exercise. Wall Road executives have expressed optimism…
By David Dolan and Rocky Swift TOKYO (Reuters) – An increase in shareholder activism in Japan is poised to gas a brand new wave of administration buyouts by founding households, after the battle for 7-Eleven’s dad or mum firm prompted…