Reuters | SaltWire | Nova Scotia

Featured Reuters

A TV reporters points a closing price of Nikkei index on a stock quotation board after a ceremony marking the end of trading in 2023 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 29, 2023.

Global hedge funds chase Hong Kong stocks rally, UBS says

By Summer Zhen HONG KONG (Reuters) - Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note.

Updated 15 minutes ago |2 min read

Asian stocks surge on tech boost; yen extends gains to cap wild week

Updated 45 minutes ago |3 min read

Pedestrians walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan March 28, 2024.

Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan

Updated 5 minutes ago |3 min read

Workers carry out operations at the site where a building collapsed, following the earthquake, in Hualien, Taiwan April 5, 2024.

Oil steadies, heads for weekly drop on U.S. economy worries

Updated 2 hours ago |2 min read

Yen poised for best week in over a year; dollar waits on US jobs data

Updated 2 hours ago |3 min read

GIP and Canada's CPP near deal for utility group Allete, source says

Updated 44 minutes ago |1 min read

Ferrari appeals to traditional base with two new V12 cars

Reuters |Updated 2 hours ago |2 min read

MILAN (Reuters) - Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines. The two cars, showcased at an event in Miami on Thursday ...

A worker pushing a trolley walks with pedestrians past the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 7, 2017.

RBA to hold rates in May, only cut once by end-year- Reuters poll

Devayani Sathyan |Updated 2 hours ago |3 min read

By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will hold its key policy rate at 4.35% for a fourth straight meeting on Tuesday and at least until end-September, according to a Reuters poll of economists who forecast just one ...

A passenger plane arrives at the Arturo Merino Benitez International Airport, in Santiago, Chile May 26, 2020.

LATAM Airlines boosts yearly earnings outlook after solid Q1 results

Gabriel Araujo, Kylie Madry |Updated 2 hours ago |2 min read

By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) - Chilean carrier LATAM Airlines hiked its earnings forecasts for this year on Thursday, backed by a strong first-quarter performance and increased demand. LATAM sees its revenues ...

The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019.

Airbus called for compensation to take on money-losing Spirit operations, sources say

Allison Lampert, Mike Stone |Updated 4 hours ago |3 min read

By Allison Lampert and Mike Stone (Reuters) - Airbus has called for financial compensation to take on money-losing operations from Spirit AeroSystems, a demand that has emerged as one obstacle to a tie-up deal between the supplier and its main ...

Live Nation's revenue beats estimates as boom in concerts drive ticket sales

Reuters |Updated 4 hours ago |1 min read

(Reuters) - Ticketmaster parent Live Nation Entertainment beat estimates for first-quarter revenue on Thursday, driven by the popularity of live events such as concerts, sending its shares up more than 3% in aftermarket trading. High ticket ...

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019.

Berkshire director says board may not give Buffett successor Abel the same leeway

Jonathan Stempel, Koh Gui Qing |Updated 4 hours ago |3 min read

By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) - A longtime Berkshire Hathaway director said Greg Abel, who is expected to succeed Warren Buffett as chief executive, may not get the same leeway from the conglomerate's board of ...

A Norfolk Southern train rests near the University of North Carolina's energy generation plant, after delivering coal to the facility, in Chapel Hill, North Carolina, U.S. August 11, 2022.

Third proxy advisory firm urges Norfolk Southern investors to elect Ancora directors

Reuters |Updated 2 hours ago |2 min read

(Reuters) -Proxy advisory firm Egan-Jones on Thursday recommended Norfolk Southern shareholders elect all seven of hedge fund Ancora Holdings' proposed director candidates to the railway's 13-member board and replace its chief executive officer at ...

Monster energy drinks are seen for sale in a motorway services shop, Reading, Britain, January 25, 2019.

Monster Beverage posts higher Q1 revenue on resilient demand, easing costs

Reuters |Updated 4 hours ago |1 min read

Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and ...

An Illumina office building is shown in San Diego, California, U.S.,October 20, 2023.

Illumina reaffirms annual revenue forecast over continued sluggish demand

Reuters |Updated 4 hours ago |1 min read

(Reuters) - Illumina reiterated its 2024 revenue forecast on Thursday, expecting continued weak demand from its customers such as medical research labs and hospitals. The San Diego, California-based company, whose tools and services are used in ...

Stablecoin Tether steps up monitoring in bid to combat illicit finance

Elizabeth Howcroft |Updated 4 hours ago |2 min read

By Elizabeth Howcroft LONDON (Reuters) - The world's largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on ...