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Bolsonaro, Lula statistically tied in simulated Brazil runoff, Atlas/Bloomberg poll shows | WTAQ News Talk | 97.5 FM · 1360 AM | Green Bay, WI
2+ day, 20+ hour ago (179+ words) SAO PAULO, Sept 10 (Reuters) – Brazilian Senator Flavio Bolsonaro and President Luiz Inacio Lula da Silva are statistically tied in a simulated runoff ahead of next month’s election, an AtlasIntel/Bloomberg poll showed on Thursday, with the right-wing lawmaker now holding…...
Trading Day: Inflation palpitations
2+ day, 17+ hour ago (566+ words) In my column today, I look ahead to Friday’s U.S. CPI inflation report, and specifically the importance it has assumed. If it is “hot”, the Fed will almost certainly raise rates next week. But how have we got to a…...
S&P 500, Nasdaq futures extend losses slightly after August PPI data
3+ day, 1+ hour ago (129+ words) WTAQ S&P 500, Nasdaq futures extend losses slightly after August PPI data Sept 10 (Reuters) – The S&P 500 and Nasdaq futures extended losses slightly on Thursday after producer prices data for August. A Labor Department report showed the Producer Price Index…...
Aerospace dealmaking gathers pace as jet production ramps up
3+ day, 5+ hour ago (704+ words) By Dan Catchpole and Sabrina Valle SEATTLE, Sept 10 (Reuters) – Mergers and acquisitions are accelerating in the aerospace supply chain as clearer Boeing and Airbus production schedules give buyers more confidence in long-term demand, according to industry data and interviews with…...
Exclusive-China buys 1 million tons of US soybeans ahead of Xi visit, sources say
3+ day, 10+ hour ago (312+ words) By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, Sept 10 (Reuters) – China has bought around 1 million metric tons of U.S. soybeans this week, four traders told Reuters, as the world’s top oilseed buyer steps up purchases ahead of Chinese President Xi…...
Hormuz shipping traffic in single digits, data shows
3+ day, 10+ hour ago (185+ words) SINGAPORE, Sept 10 (Reuters) – Vessel transits at the Strait of Hormuz fell slightly on Wednesday to seven, compared with the previous day’s 12, preliminary shiptracking data showed on Thursday, with levels also lower than the 10-day average of 14. Out of these seven,…...
Navan beats quarterly estimates, raises forecast; shares tumble on cost concerns
3+ day, 18+ hour ago (348+ words) By Shivansh Tiwary and Aatreyee Dasgupta Sept 9 (Reuters) – Corporate travel and expense platform Navan beat second-quarter profit expectations and raised its full-year revenue forecast on Wednesday, but shares fell 17% in extended trading after higher operating costs overshadowed robust revenue growth....
Mexico’s headline inflation accelerates in August, core pressures ease
4+ day, 1+ hour ago (164+ words) Sept 9 (Reuters) – Mexico’s annual inflation rate accelerated for the first time in five months in August, official data showed on Wednesday, backing up a cautious approach in the country’s monetary policy. Consumer prices in Latin America’s second-largest economy rose 3.26% in…...
US FCC proposes to open more spectrum for space-based wireless service
4+ day, 16+ hour ago (245+ words) WASHINGTON, Sept 8 (Reuters) – The Federal Communications Commission said on Tuesday it is moving to open more wireless spectrum for space-based broadband service. The FCC said its order to be voted on on September 30 would open more than 1,000 megahertz in the…...
Novartis twin drug trial setbacks pile pressure on pipeline, CEO
5+ day, 2+ hour ago (619+ words) By Bhanvi Satija, Dave Graham and Marleen Kaesebier ZURICH, Sept 8 (Reuters) – Novartis said on Tuesday its experimental drug for a muscle-wasting disorder failed a late-stage study, the second major trial setback in days, sending the Swiss drugmaker’s shares down about…...