BERLIN (Reuters) – Germany’s federal and state governments’ tax revenues rose 6.9% in September compared with the same month last year, the finance ministry said on Tuesday. The federal and state governments’ tax revenue reached a total of 86.2 billion euros ($93.54 billion) last month, according to the ministry’s monthly report. This follows a 5.3% rise …
A look at the day ahead in European and global markets from Tom Westbrook Markets are facing a bumpy ride in the final stretch to the U.S. elections, with bonds turning volatile and gold signalling at least some investors hunkering down. While gold hits record highs, a confluence of strong U.S. economic data, the so-called …
Morning Bid: Bonds and gold begin countdown to US Election Day Read More »
(Reuters) -Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday. The Swiss-American technology company now expects its full-year sales in the range of $4.39 billion to $4.47 billion, up from its previous guidance $4.34 billion to …
Logitech raises full-year outlook as sales and profit expectations climb Read More »
By Byron Kaye and Katie Paul SYDNEY/NEW YORK (Reuters) – Three years after Meta shut down facial recognition software on Facebook amid a groundswell of privacy and regulator pushback, the social media giant said on Tuesday it is testing the service again as part of a crackdown on “celeb bait” scams. Meta said it will enroll …
Facebook owner Meta restarts facial recognition tech in ‘celeb-bait’ crackdown Read More »
LONDON (Reuters) – Global employers reported a fall in white-collar vacancies in September, a survey showed on Tuesday citing factors including the upcoming election in the United States, uncertainty around tax rises in Britain and rising geopolitical tensions. Recruitment consultancy Robert Walters’ new monthly Global Jobs Index showed global vacancies dropped by 5% last month …
US election, geopolitics and UK budget fears dent global vacancies, survey shows Read More »
By Alexander Marrow (Reuters) -Amsterdam-based Nebius Group closed 5.6% higher on Monday, recovering from huge early losses when trading for the first time since February 2022, as the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, went live. Trading was suspended soon after Russia’s invasion of Ukraine, when the stock …
AI firm Nebius, split from Russia’s Yandex, gains in volatile Nasdaq debut Read More »
By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s quick departure on Friday, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical costs. …
Analysis-Can the new CVS CEO handle the Aetna challenge? Read More »
ZURICH (Reuters) – Profitability at asset managers has slipped for the past two years and is likely to decline further through 2028 as investors increasingly opt for products with lower fees, such as exchange-traded funds (ETFs), according to a new study. The study of 40 global asset managers including BlackRock, State Street, JPMorgan and Goldman …
Asset managers headed for increasingly lean years, study says Read More »
(Reuters) – Parcel services firm GLS, the international sister business to the UK’s Royal Mail, has agreed to buy a 20% stake in Greece’s ACS for 74 million euros ($80.06 million), their parent International Distribution Services said on Monday. Under the deal GLS will retain the option to acquire the remaining 80% of ACS’ share …
Royal Mail’s sister business GLS to buy 20% stake in Greece’s ACS for $80 million Read More »
By Sam Tobin LONDON (Reuters) -BHP is cynically trying to avoid its responsibility for Brazil’s worst environmental disaster, lawyers representing thousands of victims told London’s High Court on Monday, as a lawsuit worth up to 36 billion pounds ($47 billion) began. More than 600,000 Brazilians, 46 local governments and around 2,000 businesses are suing BHP …
BHP trying to avoid responsibility over Brazilian dam collapse, UK court told Read More »
