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News
Texas Stock Exchange captures first primary equity market listings from NYSE
3+ day, 19+ hour ago (544+ words) PROVIDENCE, Rhode Island, Sept 10 (Reuters) – The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In…...
Amazon raises almost $6 billion in first sterling bond sale, lead manager says
5+ day, 3+ hour ago (387+ words) LONDON, Sept 9 (Reuters) – Amazon raised £4.25 billion ($5.76 billion) from its first-ever sterling bond sale on Wednesday, slightly more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom....
German industrial output falls unexpectedly in July
1+ week, 11+ hour ago (500+ words) Sept 7 (Reuters) – German industrial production fell unexpectedly in July, dragged down by a sharp drop in car manufacturing, and economists do not expect the recent pickup in factory orders to boost output before the fourth quarter. Industrial production fell by…...
Berlin launches crisis response after hackers publish stolen data
1+ week, 1+ day ago (191+ words) BERLIN, Sept 5 (Reuters) – Berlin’s state government said on Saturday it was reviewing with the highest intensity a trove of stolen data published by a ransomware group, as investigators attempt to assess the scale and impact of the cyberattack that targeted…...
Exclusive-South Korean FX authorities bought $20 billion in repatriated SK Hynix funds, source says | 92.7 The Van WYVN | Holland's Classic Hits
1+ week, 5+ day ago (347+ words) SEOUL, Sept 2 (Reuters) – South Korean foreign exchange authorities bought about $20 billion in U.S. dollars that SK Hynix sold after its $26.5 billion American depositary receipt listing in July, a source with direct knowledge of the matter said on Wednesday. The Foreign…...
Sweden’s election tightens with 11 days to go, TV4 poll shows
1+ week, 5+ day ago (311+ words) OSLO, Sept 2 (Reuters) – Sweden’s ruling right-wing coalition has nearly caught up with the centre-left opposition bloc ahead of a September 13 election for parliament, a new opinion poll showed on Wednesday, pointing to a close vote in which either side could…...
Dell again lifts annual forecasts as AI demand powers record results
1+ week, 5+ day ago (328+ words) Sept 1 (Reuters) – Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers. Dell’s shares rose 7% in extended trading. The…...
Spain’s PLD Space adds $125 million to its latest funding round
1+ week, 6+ day ago (187+ words) Sept 1 (Reuters) – Aerospace engineering firm PLD Space said on Tuesday it had extended its equity funding round by €108 million ($125 million), bringing the round’s total to €288 million. The company’s cumulative funding stands at €488 million, as it seeks to boost its capacity…...
Uncertainty is ‘poison for economic growth’, German finance minister says
1+ week, 6+ day ago (295+ words) BERLIN, Sept 1 (Reuters) – Geopolitical uncertainty is weighing on global growth and G20 countries must work to reduce it, German Finance Minister Lars Klingbeil said on Tuesday. “Uncertainty is poison for economic growth,” he said on the sidelines of a meeting of…...
Japan’s benchmark bond yield rises to 3% for first time in 30 years
1+ week, 6+ day ago (624+ words) By Rocky Swift and Kevin Buckland TOKYO, Sept 1 (Reuters) – Japan’s benchmark 10-year bond yield hit 3% on Tuesday for the first time since September 1996, pushed higher by investor concerns about inflation, fiscal health and mounting pressure on the central bank to…...