Rivian lowers annual production forecast due to parts shortage
(Reuters) -Rivian said on Friday it slashed its full-year production forecast and delivered fewer vehicles in the third quarter than…
Private equity firm MBK, Young Poong raise Korea Zinc tender offer to $1.88 billion
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Private equity firm MBK Partners and Young Poong on Friday raised their…
US jobs report could firm or upend Fed “base case” of quarter-point cuts
By Howard Schneider WASHINGTON (Reuters) – In U.S. Federal Reserve officials’ latest projections and recent public commentary, the overall economy…
Investors look to earnings to support record-high stock prices
By Lewis Krauskopf NEW YORK (Reuters) – A high-stakes corporate earnings season kicks into gear next week, with bullish investors…
Fed’s Goolsbee calls jobs report ‘superb,’ still sees rate cuts ahead
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday called the latest job market report “superb” and said…
US planned layoffs dip in September, recruitment firm Challenger says
(Reuters) – U.S. layoff announcements slipped in September from August’s five-month high but for the year to date have now…
Thai finance minister talks liquidity, debt woes with central bank chief
By Kitiphong Thaichareon and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s finance minister said he had met the central bank governor…
Markets and the Middle East: How investors are weathering geopolitics
By Dhara Ranasinghe and Alun John LONDON (Reuters) – Conflict in the Middle East is escalating once more, but the…
US weekly jobless claims rise moderately
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, but Hurricane Helene’s…
Ghana closes in on long-running debt restructuring finishing line
(Reuters) – Ghana received the approval for more than 90% of bondholders to restructure and exchange $13 billion of international…