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Russia strikes petrol station in Kyiv, global agribusiness in Dnipro
3+ day, 23+ hour ago (350+ words) By Pavel Polityuk and Anna Pruchnicka KYIV, Sept 10 (Reuters) – Russia struck a petrol station in Ukraine’s capital Kyiv and an international agribusiness facility run by Bunge in the southeastern city of Dnipro, authorities said on Thursday, as Moscow intensified attacks…...
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
3+ day, 22+ hour ago (195+ words) Sept 10 (Reuters) – Nasdaq said on Thursday its venture arm agreed to invest $100 million in Payward, parent company of cryptocurrency exchange Kraken, deepening a partnership aimed at developing infrastructure for trading tokenized equities. • Nasdaq said the companies aim to build infrastructure…...
ECB lifts growth, inflation projections
3+ day, 21+ hour ago (217+ words) FRANKFURT, Sept 10 (Reuters) – The European Central Bank raised some of its growth projections on Thursday and also lifted its inflation outlook, suggesting that it expects a war-induced energy shock to dissipate only slowly. Inflation soared past 3% this summer and is…...
Factbox-Sweden election: what you need to know
4+ day, 59+ min ago (565+ words) Sept 10 (Reuters) – Sweden will hold a parliamentary election on September 13 with the centre-left opposition holding a slim lead in opinion polls over Prime Minister Ulf Kristersson’s ruling right-wing bloc. Kristersson is seeking to form a majority government with his existing…...
American Eagle shares slide as flat margin outlook, weak core brand weigh
4+ day, 1+ hour ago (266+ words) Sept 10 (Reuters) – American Eagle Outfitters’ shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company’s core brands outweighed a second-quarter revenue beat. Demand across the apparel sector has been uneven as…...
Citi Private Bank hires Radzinski from Bank of America
4+ day, 12+ hour ago (115+ words) wincountry.com Citi Private Bank hires Radzinski from Bank of America NEW YORK, Sept 9 (Reuters) – Citigroup’s Private Bank announced the hiring of Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients, according to an internal memo seen…...
Want a leveraged ETF but short on time? This one lasts just an hour
4+ day, 13+ hour ago (410+ words) PROVIDENCE, Rhode Island, Sept 9 (Reuters) – If a trading day seems awfully long, one exchange-traded fund provider believes it has just the product for you. Defiance ETFs is seeking to offer investors 16 funds that aim to double a stock’s return in…...
Sweden’s Liberals clears parliament threshold in poll, pointing to close election
4+ day, 19+ hour ago (189+ words) STOCKHOLM, Sept 9 (Reuters) – Support for Sweden’s Liberals party has risen further above parliament’s 4% threshold ahead of a general election on Sunday, a Novus survey indicated on Wednesday, pointing to a close race between the ruling right-wing bloc and the centre-left…...
Zara owner Inditex reports strong August trading amid heatwaves
5+ day, 4+ hour ago (311+ words) LONDON, Sept 9 (Reuters) – Zara owner Inditex reported a better-than-expected start to its autumn trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across Europe reshapes shopping behaviour in its biggest market. The fast-fashion giant made €11 billion…...
Dyne, Sarepta shares tumble as Novartis setback weighs on muscle disease drug developers
5+ day, 16+ hour ago (317+ words) Sept 8 (Reuters) – Shares of Dyne Therapeutics and Sarepta slumped on Tuesday after Novartis’ treatment for a muscle-wasting disorder failed in a trial, fueling investor concerns about the prospects of similar therapies for the tough-to-treat rare disease. Dyne’s stock led declines…...