Analysis-Risk of German coalition breaking up rises, fate hinges on FDP liberals
By Andreas Rinke, Christian Kraemer and Sarah Marsh BERLIN (Reuters) – Chancellor Olaf Scholz announced this month a summit of industry leaders to discuss how to save Germany’s flailing economy. A week later Germany’s economy minister laid out his own…
Wall Street regulator pledges to press on amid Trump threats, political pressure
By Lananh Nguyen and Douglas Gillison LAS VEGAS/WASHINGTON (Reuters) – Gary Gensler, chair of the U.S. Securities and Exchange Commission, said on Monday that he would continue his work to protect investors after threats of firing and calls for his…
Column-S&P 500 counts on final ‘Mag 7’ push for best year this century: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – With just over two months left in 2024, the S&P 500 is poised to post its biggest annual gain this century. Whether it achieves this remarkable feat will likely be determined in the…
Santander books record quarterly profit on retail unit, delays UK results
By Jesús Aguado MADRID (Reuters) -Santander booked a record net profit in the third quarter thanks to a solid performance at its main retail business in a set of earnings overshadowed by a British court ruling affecting motor finance brokers….
BP third quarter profit slumps to $2.3 billion as oil demand sags
By Ron Bousso LONDON (Reuters) – BP (NYSE:BP) on Tuesday reported higher-than-expected third quarter profits of $2.3 billion, their lowest in almost four years, weighed down by a drop in refining profits and weaker oil trading. The 30% drop in…
Japan’s Shionogi says Phase 3 study showed COVID pill reduces transmission
TOKYO (Reuters) – Japan’s Shionogi & Co said on Tuesday a global, late-stage study showed its pill-based treatment for COVID-19 was effective in reducing transmission of the disease. Ensitrelvir, known commercially as Xocova, showed a statistically significant reduction in participants…