FILE PHOTO: A street sign is seen in front of the New York Stock Exchange on Wall Street in New York, February 10, 2009. REUTERS/Eric Thayer/ September 30, 2020 By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks are set to close out another quarter with sharp gains on Wednesday, […]
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Palantir surges 38% in New York debut, valuation at nearly $22 billion
September 30, 2020 (Reuters) – Shares of Palantir Technologies Inc <PLTR.N>, the U.S. data analytics firm known for its work with the Central Intelligence Agency and other government bodies, jumped 38% in their market debut on Wednesday, valuing the company at nearly $22 billion. Its shares traded at $10 apiece, […]
Five ways the U.S. elections could affect equity markets
September 30, 2020 By David Randall (Reuters) – The upcoming U.S. presidential election will likely be an important catalyst for stock market moves in coming months, as investors gauge the probabilities of a contested vote and the policies a potential winner would enact. Here are five issues in Washington that […]
France urges parts review after Airbus A380 engine blowout
FILE PHOTO: General view shows an Airbus A380 at the final assembly line at Airbus headquarters in Blagnac near Toulouse, France, March 21, 2018. REUTERS/Regis Duvignau September 30, 2020 By Tim Hepher and Laurence Frost PARIS (Reuters) – French investigators have called for a review of the design and maintenance […]
UK secures Vietnam backing to join Trans-Pacific trading group, Raab says
British Foreign Secretary Dominic Raab (L) meets his Vietnamese counterpart Pham Binh Minh at the Government Guesthouse in Hanoi, Vietnam September 30, 2020. REUTERS/Kham September 30, 2020 By Guy Faulconbridge and Khanh Vu HANOI/LONDON (Reuters) – Vietnamese Prime Minister Nguyen Xuan Phuc said on Wednesday he hopes to conclude talks […]
Zoroastrians make a comeback in northern Iraq, but still face stigma
September 30, 2020 By Charlotte Bruneau and Kawa Omar DOHUK, Iraq (Reuters) – Carefully tucking his Farvahar pendant under his shirt, Aram Mehdi reminds himself of the core Zoroastrian principles it represents: good words, good thoughts and good deeds. Born and raised in a conservative Muslim family, the 31-year-old Iraqi […]
Industrials, tech stocks lift Wall Street at the end of choppy month
U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in their first 2020 presidential campaign debate held on the campus of the Cleveland Clinic at Case Western Reserve University in Cleveland, Ohio, U.S., September 29, 2020. Morry Gash/Pool via REUTERS September 30, 2020 By Devik Jain and Shreyashi […]
British car sector risks some tariffs in EU trade deal: source
FILE PHOTO: An employee works on the production line at the Nissan car factory in Washington, northern England March 20, 2009. REUTERS/Nigel Roddis/File Photo September 30, 2020 By Costas Pitas LONDON (Reuters) – Britain’s car industry risks some tariffs being imposed after Brexit as Brussels will not allow components from […]
U.S. court voids $448 million award against AbbVie, AndroGel partner
FILE PHOTO: A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange July 18, 2014. REUTERS/Brendan McDermid September 30, 2020 (Reuters) – A federal appeals court on Wednesday reversed an order that had required AbbVie Inc <ABBV.N> and a partner to […]
U.S. to block imports from Malaysian palm oil company FGV
September 30, 2020 (Reuters) – The United States said on Wednesday it has banned the import of palm oil from Malaysian company FGV Holdings <FGVH.KL> over allegations that it used forced labour in the production process. FGV, the world’s largest crude palm oil producer, has long faced allegations from some […]