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CVS replaces CEO, pulls profit forecast as investor pressure mounts

(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast, as the struggling healthcare conglomerate seeks to turn around its

Reuters

Fri, Oct 18

Analysis-From bitcoin to Mexican peso, ‘Trump trades’ are appearing again

By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) -Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens

Reuters

Fri, Oct 18

Fuji Soft board backs first stage of KKR's buyout offer

TOKYO (Reuters) -The board of Japan's Fuji Soft will continue to support the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, it said on Friday, despite having received a

Reuters

Fri, Oct 18

Netflix hits record high as strong subscriber additions ease growth worries

(Reuters) -Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost

Reuters

Fri, Oct 18

Consumer groups ask FTC to block Novo Holdings-Catalent deal

By Jody Godoy and Maggie Fick NEW YORK (Reuters) -U.S. consumer groups and two large labor unions urged the U.S. Federal Trade Commission on Thursday to block Novo Holdings, the controlling

Reuters

Fri, Oct 18

Regions Financial's quarterly profit falls on weaker interest income

(Reuters) - U.S. regional bank Regions Financial reported a fall in its third-quarter profit on Friday, as its interest income took a hit due to higher deposit costs and tepid loan demand. To keep

Reuters

Fri, Oct 18

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

By Georgina McCartney MIDLAND, Texas (Reuters) - A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices

Reuters

Fri, Oct 18

Sinwar killing represents an 'inflection point' for possible Gaza ceasefire, White House says

By Jeff Mason BERLIN (Reuters) - Hamas leader Yahya Sinwar was the chief obstacle to securing a ceasefire in the Gaza conflict and his killing by Israel's defense force creates an "inflection point"

Reuters

Fri, Oct 18

US Cellular to sell select spectrum assets to Verizon for $1 billion

(Reuters) - United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal. U.S. Cellular's shares jumped 3.9% in trading before the bell.

Reuters

Fri, Oct 18

Adidas global sales exec to step down from board at end of October

BERLIN (Reuters) - Adidas' board member for global sales, Arthur Hoeld, will step down from the German sportswear company's executive board at the end of October, it said in a statement on Friday.

Reuters

Fri, Oct 18

Analysis-Nestle CEO Freixe's turnaround plan faces challenge from weak consumer

By Richa Naidu LONDON (Reuters) - Nestle's plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy

Reuters

Fri, Oct 18

Swiss defend decision not to adopt latest Russia sanctions in full

LONDON (Reuters) - Switzerland on Friday said it was "unequivocally" committed to sanctions against Russia after Bern decided not to adopt in full the latest package of restrictions imposed by the

Reuters

Fri, Oct 18

World Bank's Banga says more bilateral, commercial debt forgiveness needed

(This Oct. 17 story has been corrected to include commercial creditors in call for debt forgiveness in the headline and in paragraph 1) By David Lawder WASHINGTON (Reuters) - World Bank President Ajay

Reuters

Fri, Oct 18

UNIFIL condemns 'deliberate' Israeli attacks, says destruction in Lebanese villages is shocking

By Emma Farge GENEVA (Reuters) -The U.N. peacekeeping mission in Lebanon said on Friday it had come under several "deliberate" attacks by Israeli forces in recent days and efforts to help civilians in

Reuters

Fri, Oct 18

Hamas says leader Yahya Sinwar killed

DUBAI (Reuters) - Hamas leader Yahya Sinwar, architect of the group's cross-border raids in 2023 that became the deadliest day in Israel's history, was killed in combat, Khalil Al-Hayya, deputy Gaza

Reuters

Fri, Oct 18

Indonesia aims to manage nickel ore supply to support prices

JAKARTA (Reuters) - Indonesia aims to manage nickel ore supply and demand to support prices, its mining minister said on Friday, amid reports of delays in the quota approval process forcing some

Reuters

Fri, Oct 18

Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record

By Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) -Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister

Reuters

Fri, Oct 18

Fifth Third Bancorp's profit falls on higher loan loss provisions

(Reuters) - Fifth Third Bancorp reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential loan defaults, sending its shares down 3% in premarket

Reuters

Fri, Oct 18

Netflix shares jump as strong subscriber additions ease growth worries

(Reuters) - Netflix jumped more than 6% on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its

Reuters

Fri, Oct 18

South Africa asks Taiwan to move its de facto embassy from Pretoria

By Nellie Peyton JOHANNESBURG (Reuters) - South Africa's government said on Friday that it had asked Taiwan to relocate its de facto embassy out of the capital Pretoria, while Taiwan accused it of

Reuters

Fri, Oct 18

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