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Platinum Equity's Ingram Micro valued at $6 billion as shares jump 15% in NYSE debut

By Arasu Kannagi Basil and Echo Wang (Reuters) -Ingram Micro notched a valuation of $6 billion after shares jumped 15% in their market debut on Thursday, signaling strong investor demand for one of

Reuters

Thu, Oct 24

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

By David Lawder WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in a low-growth, high-debt

Reuters

Thu, Oct 24

D.E. Shaw throws support to Mantle Ridge in Air Products board fight

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival

Reuters

Thu, Oct 24

Israel's Netanyahu welcomes Egypt's willingness to advance Gaza hostage deal

JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Thursday that he welcomed Egypt's willingness to advance a deal for the release of hostages in the Gaza Strip. Netanyahu said

Reuters

Thu, Oct 24

G20 finance chiefs express economic optimism, urge resistance to protectionism

WASHINGTON (Reuters) - Finance chiefs from the G20 expressed optimism for achieving a "soft landing" for the global economy and urged resistance to protectionism, according to a final communique

Reuters

Thu, Oct 24

Tesla set to add $140 billion in value as EV growth forecast calms investors

By Abhirup Roy SAN FRANCISCO (Reuters) -Tesla's shares soared nearly 21% on Thursday as its forecast of surging sales reassured investors that CEO Elon Musk was still looking to expand the company's

Reuters

Thu, Oct 24

New Permian oil pipelines unlikely to be built, say top operators

By Arathy Somasekhar HOUSTON (Reuters) -Top executives of two U.S. energy pipeline operators on Thursday ruled out seeking new crude oil lines built to move volumes out of the Permian shale field in

Reuters

Thu, Oct 24

Cambodian journalist freed on bail after apologising for 'harmful' posts

(Reuters) -An award-winning Cambodian journalist who was arrested on charges of inciting social unrest was freed on bail on Thursday, a day after the government released a video of the investigative

Reuters

Thu, Oct 24

Putin says existing BRICS infrastructure is enough for cross-border payments

KAZAN, Russia (Reuters) - Cross-border payments for trade between BRICS countries are experiencing problems, but there are no plans to create a special system because the existing infrastructure is

Reuters

Thu, Oct 24

Yum Brands takes out onions from meals after E.coli outbreak at McDonald's

(Reuters) -Yum Brands said on Thursday it would be removing fresh onions from its meals at certain Taco Bell, Pizza Hut and KFC restaurants out of an "abundance of caution", following an E.coli

Reuters

Thu, Oct 24

D.E. Shaw throws support to Mantle Ridge in Air Products board fight

By Svea Herbst-Bayliss NEW YORK (Reuters) - Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival

Reuters

Thu, Oct 24

American Airlines lifts profit view on higher pricing, sales strategy correction

By Shivansh Tiwary (Reuters) -American Airlines lifted its annual profit forecast on Thursday, on improved pricing power and a recovery from the missteps in its sales strategy that led to an exodus of

Reuters

Thu, Oct 24

US, Israeli negotiators to discuss Gaza ceasefire deal in Doha

By Humeyra Pamuk and Andrew Mills DOHA (Reuters) - U.S. and Israeli negotiators will gather in Doha in the coming days to try to restart talks toward a deal for a ceasefire and the release of hostages

Reuters

Thu, Oct 24

Factbox-Ankara gun assault revives memories of past attacks in Turkey

(Reuters) - Two attackers killed five people and wounded 22 others on Wednesday in a gun attack on the headquarters of Turkey's largest aerospace manufacturer TUSAS that Ankara blamed on the Kurdistan

Reuters

Thu, Oct 24

US labor market plodding along, but jobs becoming more scarce

By Lucia Mutikani WASHINGTON (Reuters) -New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly

Reuters

Thu, Oct 24

Mozambique's ruling party retains power in contested election

By Manuel Mucari and Nellie Peyton MAPUTO (Reuters) -Mozambique's ruling party Frelimo has retained power in this month's national election, extending its five-decade rule in the Southern African

Reuters

Thu, Oct 24

Most Asian central banks have room to cut rates, IMF official says

By Leika Kihara WASHINGTON (Reuters) - Most Asian central banks have room to cut interest rates, as the start of the U.S. monetary easing cycle reduces fears of an unwelcome weakening of their

Reuters

Thu, Oct 24

US 30-year fixed-rate mortgage rises to 6.54%

WASHINGTON (Reuters) - U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Federal Reserve cuts

Reuters

Thu, Oct 24

US confirms two human bird flu cases in Washington state

By Leah Douglas WASHINGTON (Reuters) -The U.S. Centers for Disease Control and Prevention on Thursday confirmed two of the four presumptive positive bird flu cases among poultry farm workers in

Reuters

Thu, Oct 24

Harley-Davidson lowers full-year revenue forecast on weak demand

By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual revenue forecast as sticky inflation and high borrowing costs hurt demand for the company's motorcycles in North America,

Reuters

Thu, Oct 24

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