(Reuters) - Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's blockbuster weight-losing drug Wegovy and how it could reduce spending on food. The KitKat and Nescafe coffee maker's shares were down 2%…
By Jorgelina do Rosario and Rachel Savage LONDON (Reuters) -Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China's slowing economy adding layers of uncertainty while the Federal Reserve might not have reached…
(Reuters) - Goldman Sachs expects economic growth in the euro area to recover to 1.25%-1.5% in 2024, more than double their forecast of about 0.5% for this year's growth. The brokerage's 2023 forecast for the euro area is also sharply…
By Chibuike Oguh and Abhirup Roy NEW YORK (Reuters) -Shares of Rivian Automotive Inc fell by nearly 23% on Thursday, the biggest daily percentage decline since their debut in 2021, after the electric vehicle maker unveiled plans to issue $1.5…
By David Shepardson WASHINGTON (Reuters) -A key Senate Republican said Thursday he plans to support the White House nominee to head the Federal Aviation Administration (FAA) as the agency addresses a series of near-miss incidents and air traffic controller staffing…
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - The dollar eased while a gauge of global equities edged higher on Thursday as investors considered a still-tight U.S. labor market and Federal Reserve signals that interest rates will stay…
By Granth Vanaik (Reuters) -Conagra Brands on Thursday reported quarterly profit above Wall Street estimates, as prices hikes and easing cost pressures helped offset slowing demand for the Slim Jim beef jerky maker's products, sending its shares higher. Shares of…
BENGALURU (Reuters) - SoftBank Group is likely to sell shares worth up to $105 million in India's PB Fintech via block deals, CNBC-TV18 reported on Thursday, citing sources. The indicative price for the block deals is likely in the range…
FRANKFURT (Reuters) - Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth remains worrisome, Bundesbank President Joachim Nagel said on Thursday. The ECB has raised its deposit rate to…
By Lewis Jackson SYDNEY (Reuters) -Efforts to finalise a pact that ended strikes at Chevron's two Australian liquefied natural gas (LNG) plants stumbled on Thursday, when workers voted to restart stoppages after unions accused the U.S. energy major of reneging…
