Oct 03, 2023
Banks behind 70% jump in greenwashing incidents in 2023 -report

LONDON (Reuters) -The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial institutions accounted for most…

Oct 03, 2023
Metalworkers suspend strike at Embraer plant in Brazil

SAO PAULO (Reuters) -Metalworkers at Brazilian planemaker Embraer's Sao Jose dos Campos plant on Tuesday decided to suspend a strike they had started earlier in the day as they campaign for higher wages. Local union Sindmetal said in a statement…

Oct 03, 2023
Dalio says China-US relations are ‘on the brink of red lines’

By Carolina Mandl GREENWICH, Connecticut (Reuters) - Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the relationship between China and the United States is "on the brink of red lines," although he does not see a…

Oct 03, 2023
Netflix plans to raise prices after actors’ strike ends – WSJ

(Reuters) -Netflix is planning to raise the price of its ad-free service after the ongoing Hollywood actors' strike ends, the Wall Street Journal reported on Tuesday, sending the streaming company's shares up more than 3%. Netflix is discussing raising prices…

Oct 03, 2023
Eli Lilly to buy cancer-focused Point Biopharma for $1.4 billion

(Reuters) -Eli Lilly and Co will buy Point Biopharma Global for $1.4 billion, the companies said on Tuesday, gaining access to experimental therapies that enable precise targeting of cancer. Lilly has been bolstering its pipeline through small deals as its…

Oct 03, 2023
Cryptoverse: ‘It’s a knife fight’ as traders get tokenized

By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets. As crypto prices see-saw ahead of their…

Oct 02, 2023
S&P 500 ends near flat; utilities drop, focus on rate outlook

By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 ended nearly flat on Monday with utilities falling sharply and investors weighing the likelihood the Federal Reserve will need to hold interest rates higher for longer. The Nasdaq rose, and…

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