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US stock futures, dollar and bitcoin surge as Trump wins race to White House

By Dhara Ranasinghe LONDON (Reuters) – Major stock markets around the world rallied on Wednesday, while bitcoin hit a record high and…
Investing

TGI Fridays operator files for Chapter 11 bankruptcy amid financial woes

TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with…
Economy

Presidential race tight as Election Day dawns in America – what’s moving markets

Investing.com – After months of heavy campaigning and heated rhetoric, it is Election Day in the US on Tuesday. Americans will now choose…
Economy

Italy’s GDP targets for 2024-2025 difficult to reach, central bank says

ROME (Reuters) – The Italian government’s growth targets for 2024 and 2025 now look hard to achieve, the central bank said on…
Economy

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) – The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept. 17-18 meeting that Chair…
Economy

Deutsche Bank looks at UK public finances post budget

Investing.com – The new Labour government announced its first budget last week, and Deutsche Bank (ETR:DBKGn) now studies whether the UK public…
Economy

IMF raises Ethiopia’s international reserves target after first review

NAIROBI (Reuters) – The International Monetary Fund has raised Ethiopia’s net international reserves target to facilitate payments of upcoming hard currency bills,…
Stock

Thomson Reuters shares surge 21% as Q3 earnings top estimates, guidance raised

TORONTO – Thomson Reuters (TSX/NYSE: NYSE:TRI) reported better-than-expected third quarter results and raised its full-year organic revenue growth outlook, sending shares soaring…
Stock

Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers

By Chris Kirkham (Reuters) – When Reuters reported in April that Tesla (NASDAQ:TSLA) had scrapped plans for a long-promised, next-generation $25,000 electric…
Stock

Burger King parent Restaurant Brands misses sales estimates on muted demand

(Reuters) -Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger…
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