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July 2024

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Global equities little changed, 10-year yields up with Fed in focus

Financial Wealth DailyJuly 9, 2024January 28, 20250

By SinĂ©ad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -MSCI’s global equities index bumped around in a narrow range on…

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Nasdaq and S&P 500 hit records, fueled by Nvidia

Financial Wealth DailyJuly 9, 2024January 28, 20250

By Noel Randewich and Lisa Pauline Mattackal (Reuters) -The S&P 500 and Nasdaq hit record highs on Tuesday, propelled by…

  • Business

Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports

Financial Wealth DailyJuly 9, 2024January 28, 20250

(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion…

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NATO agency orders Stinger anti-aircraft missiles for $700 million, Stoltenberg says

Financial Wealth DailyJuly 9, 2024January 28, 20250

WASHINGTON (Reuters) – NATO has placed an order for Stinger anti-aircraft missiles worth almost $700 million dollars in the name…

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Boeing in talks with US defense department on impact of guilty plea, source says

Financial Wealth DailyJuly 8, 2024January 28, 20250

By David Shepardson WASHINGTON (Reuters) -Boeing is in talks with the U.S. Defense Department over how the planemaker’s planned guilty…

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Eli Lilly to buy bowel disease drug developer Morphic for $3.2 billion

Financial Wealth DailyJuly 8, 2024January 28, 20250

(Reuters) -Eli Lilly will acquire Morphic Holding for $3.2 billion, the companies said on Monday, giving the U.S. drugmaker access…

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Exclusive-Satellite photos show Iran expanding missile production, sources say

Financial Wealth DailyJuly 8, 2024January 28, 20250

By Jonathan Landay and Parisa Hafezi WASHINGTON/DUBAI (Reuters) – Recent satellite imagery shows major expansions at two key Iranian ballistic…

  • Business

Citi to cease operations in Haiti after 50 years

Financial Wealth DailyJuly 8, 2024January 28, 20250

(Reuters) -Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking…

  • Business

Revolut CEO to sell part of stake in $500 million share sale, Sky News reports

Financial Wealth DailyJuly 7, 2024January 28, 20250

(Reuters) -British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company…

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Factbox-Some congressional Democrats call on Joe Biden to end his reelection bid

Financial Wealth DailyJuly 7, 2024January 28, 20250

By Moira Warburton WASHINGTON (Reuters) – A growing number of Democrats in the U.S. Congress are calling on Democratic President…

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