Author Archives: Syndicated Content
ECB policymakers set high bar for Sept rate cut, sources say
FRANKFURT (Reuters) -European Central Bank policymakers are setting a high bar for an interest rate cut in September and they would need to see a significant deterioration in growth and inflation befo...
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Brazil's WEG expects to mitigate most impacts from Trump tariffs
SAO PAULO (Reuters) -Brazilian motor maker WEG said on Thursday it expects to offset most of the impact from the 50% tariff U.S. President Donald Trump said he would impose on Brazilian goods partly b...
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Michelin posts H1 sales in line with market forecasts
By Mathias de Rozario (Reuters) -French tyre maker Michelin reported a 3.4% decline in sales in the first half of the year, in line with market expectations, as a fall in sales volumes was partly offs...
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LVMH sales weaker than expected as luxury sector awaits US trade deal
PARIS -Luxury bellwether LVMH reported lower than expected quarterly sales on Thursday, with its core fashion and leather division losing further ground as the sector awaits an easing of trade tension...
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Comcast names board of directors for media spinoff
(Reuters) -Comcast on Thursday named the members to the first board of Versant Media Group, its planned spinoff that will take over a bulk of NBCUniversal's cable networks, including USA Network, CNBC...
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Opendoor, Kohl's resume rally as meme stock frenzy continues
(Reuters) -Shares of retail favorites Opendoor Technologies and Kohl's resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Techn...
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Fed working with White House to accommodate Trump's visit
(Reuters) -The Federal Reserve is working with the White House to accommodate President Donald Trump's unexpected visit to the U.S. central bank on Thursday, amid escalating tensions between the admin...
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Rays demote RHP Taj Bradley after rough start
The Tampa Bay Rays optioned right-hander Taj Bradley to Triple-A Durham following a poor start Wednesday night against the Chicago White Sox. Bradley, 24, surrendered four runs on four hits and three ...
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Dolphins OL Bayron Matos remains hospitalized in stable condition
Miami Dolphins offensive lineman Bayron Matos will undergo additional testing at Ryder Trauma Center at Jackson Memorial Hospital, where he was in stable condition Thursday. Matos sustained an injury ...
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QB Justin Fields carted off with toe injury
Jets head coach Aaron Glenn silenced the alarm over a potential season-ending injury after quarterback Justin Fields was carted off the field during training camp practice Thursday morning. Meeting wi...
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