Author Archives: Syndicated Content
Indian IT products distributor Redington's profit falls on subdued demand in some markets
BENGALURU (Reuters) - Indian IT products distributor Redington reported a 3.5% fall in second-quarter profit on Tuesday, hurt by slowdown in demand for personal computers and phones in some of its int...
Oct 29, 2024
US job openings drop to more than 3-1/2 year low in September
WASHINGTON (Reuters) - U.S. job openings fell to the lowest level in more than 3-1/2 years in September and data for the prior month was revised down, pointing to a considerable easing in labor market...
Oct 29, 2024
US consumer confidence rebounds in October
WASHINGTON (Reuters) - U.S. consumer confidence increased to a nine-month high in October amid improved perceptions of the labor market. The Conference Board said on Tuesday its consumer confidence in...
Oct 29, 2024
Saudi wealth fund to cut overseas investments
By Hadeel Al Sayegh, Iain Withers and Anousha Sakoui RIYADH/LONDON (Reuters) -Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a conferenc...
Oct 29, 2024
Argentina debt risk index drops again as default fears recede
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's country risk index, a measure of the premium investors demand to hold local bonds versus equivalent U.S. debt, dropped under 900 basis points on Tu...
Oct 29, 2024
Trump ally Steve Bannon is released from prison after serving contempt sentence
(Reuters) - Steve Bannon, a long-time ally of former U.S. President Donald Trump, was released on Tuesday from prison, where he had been serving a four-month sentence for contempt of Congress. Bannon,...
Oct 29, 2024
Dozen Egyptian migrants feared dead off Libyan coast, security sources say
CAIRO (Reuters) - A dozen Egyptian migrants are feared dead after their boat capsized off the coast of the eastern Libyan town of Tobruk on Monday, two Egyptian security sources said, while one man wa...
Oct 29, 2024
Astronomers observe black hole that may have formed gently
By Will Dunham WASHINGTON (Reuters) - The conventional wisdom among astronomers is that black holes - those exceptionally dense objects with gravity so powerful that not even light can escape - form i...
Oct 29, 2024
US monthly house prices rise further in August
WASHINGTON (Reuters) - U.S. single-family home prices increased in August amid still tight supply, which together with elevated mortgage rates continue to keep prospective buyers on the sidelines. Hou...
Oct 29, 2024
Food supplier Sysco beats quarterly sales estimates on steady demand
(Reuters) - Food distributor Sysco Corp beat first-quarter revenue estimates on Tuesday, helped by steady demand for its specialty seafood and fresh-cut meat products, but missed profit expectations. ...
Oct 29, 2024
