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(Reuters) – UnitedHealth has reached out to the U.S. Securities and Exchange Commission about billionaire investor Bill Ackman’s now-deleted post on social media platform X that said he would take a short position in the healthcare conglomerate. WHY IT’S IMPORTANT “If I still shorted stocks, I would short United Healthcare,” Ackman said in his post, …

UnitedHealth raises concerns over Bill Ackman’s post on X with SEC Read More »

MEXICO CITY (Reuters) -Mexican and U.S. officials agreed to ongoing and open dialogue on economic issues like strengthening regional supply chains and the traceability of foreign investment on Wednesday, a senior Mexican official told Reuters. In a meeting at the White House, officials from both countries discussed the beginning of public consultations ahead of a …

Mexico and US agree to economic dialogue, Mexican official says Read More »

(Reuters) -U.S. agrichemicals firm Corteva posted a smaller fourth-quarter loss on Wednesday, helped by strong sales volumes. Crop Protection volume increased 16% over the previous year, driven primarily by Latin America, on demand for new products, while seed volume increased 19% due to the expected increase in Safrinha corn planted area in Brazil. The company’s …

Corteva reports smaller fourth-quarter loss, shares slip on 2025 profit forecast Read More »

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Daniel Loeb is betting 2025 will bring a more favorable stock investing environment despite the Trump administration’s “unconventional” approach to announcing and enacting new policies. Loeb’s hedge fund Third Point is already reaping the benefits, he told clients in a quarterly letter seen by Reuters on Tuesday, …

Third Point’s Loeb expects favorable stock investment environment, letter says Read More »

(Reuters) – Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of leading its money-losing electric vehicle business. The company also said that Frick would continue to oversee Ford’s commercial vehicles unit until a new leader is named. The Detroit-based automaker is expected to report …

Ford’s gas vehicles head to take on expanded role of leading EV unit Read More »

SAO PAULO (Reuters) -Brazilian planemaker Embraer shares rose more than 15% on Wednesday, hitting an all-time high after the company announced a deal to supply Flexjet with up to 212 jets, a contract valued at up to $7 billion at current list prices. The agreement represents the largest firm order for Embraer’s executive aircraft, with …

Embraer shares hit all-time high after record Flexjet order Read More »

By Sarupya Ganguly BENGALURU (Reuters) – A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency strategists polled by Reuters now expecting the euro to fall to parity with the dollar or below versus only one-fifth last month. The greenback has been on a …

More crowded US dollar trade ramps up expectations for euro parity Read More »

By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the company’s AI chip revenue failed to meet analysts’ high expectations, underscoring its struggle to grab market share from well-entrenched market leader Nvidia. The company’s fourth-quarter data center revenue, which reflects demand for its AI processors, jumped 69% to …

AMD’s AI chip revenue miss hits shares amid pressure from Nvidia Read More »