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Yields hit three-month high on election uncertainty, economy

TREASURIES-Yields hit three-month high on election uncertainty, economy By Karen Brettell NEW YORK, Oct 23 (Reuters) - Benchmark 10-year Treasury yields reached a three-month high on Wednesday on uncertainty about the results of the Nov. 5 U.S. election and as investors adjusted for the likelihood the Federal Reserve will be less dovish due to the strong economy.

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Brazil launches platform to attract foreign investment for climate and ecological projects

Brazil launches platform to attract foreign investment for climate and ecological projects WASHINGTON, Oct 23 (Reuters) - Brazil's government launched a climate and ecological transformation investment platform in Washington on Wednesday, named BIP, aimed at mobilizing international capital with an initial target of $10.8 billion. As Reuters reported on Tuesday, the platform unveiled on the sidelines of the International Monetary Fund and World Bank annual meetings will bring together projects a
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Wall St loses ground as bond yields rise; McDonald's, Coca-Cola slip

US STOCKS-Wall St loses ground as bond yields rise; McDonald's, Coca-Cola slip For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. McDonald's drops after E. coli outbreak Coca-Cola sees revenue boost from rising soda demand Boeing up after results; contract vote awaited Texas Instruments gains after Q3 profit beat Indexes down: Dow 0.57%, S&P 500 0.34%, Nasdaq 0.47% Updated at 09:54 a.m.
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Bank of Canada cuts benchmark rate by 50 basis points

INSTANT VIEW-Bank of Canada cuts benchmark rate by 50 basis points Adds quotes TORONTO, Oct 23 (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation. MARKET REACTION: CAD/ LINK: https://www.bankofcanada.ca/2024/10/fad-press-release-2024-10-23/ COMMENTS DEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS, SCOTIABANK "I

Nvidia CEO says design flaw in Blackwell chips fixed; shares fall

BUZZ-Nvidia CEO says design flaw in Blackwell chips fixed; shares fall ** Shares of AI chip giant Nvidia NVDA.O fall 3% at $139 ** Nvidia's CEO, Jensen Huang said a design flaw with its latest Blackwell AI chips , which impacted production, has been fixed with the help of longtime Taiwanese manufacturing partner TSMC 2330.TW ** Huang dismissed medi
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Luerssen, Rheinmetall floated as options to buy Thyssenkrupp marine unit, reports Handelsblatt

UPDATE 1-Luerssen, Rheinmetall floated as options to buy Thyssenkrupp marine unit, reports Handelsblatt Adds details Oct 23 (Reuters) - German shipbuilder Luerssen has expressed interest in bidding for the warship division of stricken conglomerate Thyssenkrupp TKAG.DE , the Handelsblatt newspaper reported Wednesday, adding that talks were also being held with Rheinmetall RHMG.DE .
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Russia ships rare naphtha and fuel oil cargoes to Indonesia, LSEG data shows

Russia ships rare naphtha and fuel oil cargoes to Indonesia, LSEG data shows MOSCOW/JAKARTA/SINGAPORE, Oct 23 (Reuters) - Russia exported rare naphtha and fuel oil cargoes to Indonesia in September as it expands the pool of buyers for its oil products, LSEG data showed. According to shipping data, tanker Marlin Hestia was loaded with 58,200 metric tons of naphtha in the Russian Black Sea port of Novorossiisk on September, 1. The cargo was discharged at Anyer Terminal (Java island) in Indonesia o

CFPB Orders Apple And Goldman Sachs To Pay Over $89 Million For Apple Card Failures

BRIEF-CFPB Orders Apple And Goldman Sachs To Pay Over $89 Million For Apple Card Failures Oct 23 (Reuters) - Apple Inc AAPL.O : CFPB ORDERS APPLE AND GOLDMAN SACHS TO PAY OVER $89 MILLION FOR APPLE CARD FAILURES Source text for Eikon: [ https://tinyurl.com/bdxyszmf ] Further company coverage: [AAPL.O GS.N] Reporting by Katharine Jackson
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Thermo Fisher Says China Government's Stimulus And Loan Programs Affects The Industry In A Positive Way

BRIEF-Thermo Fisher Says China Government's Stimulus And Loan Programs Affects The Industry In A Positive Way Oct 23 (Reuters) - Thermo Fisher Scientific Inc TMO.N : THERMO FISHER EXEC SAYS COMPANY IS WELL-POSITIONED TO CAPITALIZE ON THE MARKET OPPORTUNITIES IN CHINA WHEN THE ECONOMY PICKS UP IN THE COUNTRY - CONF CALL THERMO FISHER EXEC SAYS CHINA
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Bank of Canada cuts benchmark rate by 50 basis points

INSTANT VIEW-Bank of Canada cuts benchmark rate by 50 basis points Adds quotes TORONTO, Oct 23 (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation. MARKET REACTION: CAD/ LINK: https://www.bankofcanada.ca/2024/10/fad-press-release-2024-10-23/ COMMENTS DARCY BRIGGS, PORTFOLIO MANAGER, FRANKLIN TEMPLETON CANADA "The market

Yields hit three-month high on election uncertainty, economy

TREASURIES-Yields hit three-month high on election uncertainty, economy By Karen Brettell NEW YORK, Oct 23 (Reuters) - Benchmark 10-year Treasury yields reached a three-month high on Wednesday on uncertainty about the results of the Nov. 5 U.S. election and as investors adjusted for the likelihood the Federal Reserve will be less dovish due to the strong economy.

Amphenol forecasts upbeat Q4 sales, profit on strong demand for electronic equipment

Amphenol forecasts upbeat Q4 sales, profit on strong demand for electronic equipment Oct 23 (Reuters) - Amphenol APH.N projected fourth-quarter sales and profit above Wall Street estimates on Wednesday, boosted by strong demand for its sensors and connectors in the IT, data communications and defense sectors. Shares of the electronic equipment maker, which also comfortably beat third-quarter estimates, rose more than 5% in early trading.
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Street View: 3M's turnaround story still needs to play out

BUZZ-Street View: 3M's turnaround story still needs to play out ** Scotch Tape maker 3M MMM.N on Tuesday raised annual profit forecast after strong demand for roofing material, industrial adhesives and electronics equipment boosted Q3 profit ** Shares down 2.1% in morning trading ** At least three analysts raise PT after Q3 results POSITIVE PLAY ON THE HORIZON ** Jefferies ("hold", PT:$146) sees positive consumer demand to reflect on MMM's earnings within 2-3 quarters of U.S.
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Romanian government to approve railroad funding for Black Sea port of Constanta

Romanian government to approve railroad funding for Black Sea port of Constanta BUCHAREST, Oct 23 (Reuters) - Romania's government will approve on Wednesday a plan to upgrade rail infrastructure in the Black Sea port of Constanta to create a second railroad access point, part of wider investments in the port triggered by Russia's war in Ukraine. European Union and NATO member Romania has become Ukraine's biggest alternative grain export route since Russia's full-scale invasion in 2022 and its po

Bank of Canada cuts benchmark rate by 50 basis points

INSTANT VIEW-Bank of Canada cuts benchmark rate by 50 basis points TORONTO, Oct 23 (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation. MARKET REACTION: CAD/ LINK: https://www.bankofcanada.ca/2024/10/fad-press-release-2024-10-23/ COMMENTS DOUG PORTER, CHIEF ECONOMIST AT BMO CAPITAL MARKETS "No surprise at all in terms o

Norway's Statkraft to sell assets in three countries, CEO says

Norway's Statkraft to sell assets in three countries, CEO says Statkraft to sell assets in India, Netherlands, Croatia Core investment focus is Nordics, Europe, South America Introduces new business area for Technology and Project Delivery By Nora Buli OSLO, Oct 23 (Reuters) - Norwegian state-owned utility Statkraft, Europe's largest renewable energy producer, will sell energy production assets in India, Croatia and the Netherlands to focus the group's investments on fewer markets, its CEO said

US existing home sales fall to 14-year low in September

US existing home sales fall to 14-year low in September Home sales fall 1.0% to 3.84 million units in September Housing inventory up 1.5% to 1.39 million units Median existing home price rises 3% from year-ago period WASHINGTON, Oct 23 (Reuters) - U.S. existing home sales dropped to a 14-year low in September, likely as prospective buyers held out for lower mortgage rates, with house prices remaining elevated.

JIM O'NEILL: BRICS HAS BECOME A SYMBOLIC GATHERING FOR RUSSIA AND CHINA TO HIGHLIGHT THEY ARE PART OF SOMETHING THAT THE U.S. IS NOT PART OF

EXCLUSIVE-BRICS is for the fairies until China and India get serious, 'Mr BRICS' says Inventor of BRIC acronym says group has achieved little Global issues need US, Europe, China and India, he says China-India cooperation key to success of BRICS-O'Neill Calls for focus on infectious disease, climate change By Guy Faulconbridge MOSCOW, Oct 23 (Reuters) - The idea of the BRICS group ever challenging the U.S.

Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries

Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries MILAN, Oct 23 (Reuters) - Carmaker Stellantis STLA.MI will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on Wednesday. Solid-state batteries are expected to reduce fire risk and allow for lighter, lower-cost cars that can travel further on a single charge.

Boston Scientific falls after pausing heart device study

BUZZ-Boston Scientific falls after pausing heart device study Updates ** Shares of medical device maker Boston Scientific BSX.N fall 3.5 % to $8 4.97 in morning trade ** Stock set for its worst day since July 25 if losses hold * * Co says it has paused a trial on its heart device Farapulse, testing it as a first-line treatment for persistent atrial fibrillation, due to "a few unanticipated observations" ** Persistent atrial fibrillation occurs when abnormal heart rhythm lasts for more than a wee

JPMorgan Chase Says Appoints Michelle Herrick As Head Of Commercial Real Estate

BRIEF-JPMorgan Chase Says Appoints Michelle Herrick As Head Of Commercial Real Estate Oct 23 (Reuters) - JPMorgan Chase & Co JPM.N : JPMORGAN CHASE - APPOINTS MICHELLE HERRICK AS HEAD OF COMMERCIAL REAL ESTATE Source text for Eikon: [ID:] Further company coverage: JPM.N
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Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.

Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi

Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.

Riskdan ogohlantirish: Kapitalingiz risk ostida. Kredit yordamiga ega mahsulotlar hammaga ham toʻgʻri kelmasligi mumkin. Bizning Risklardan ogohlantirishimiz bilan tanishib chiqing.