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Day: January 3, 2025

European drinks group skid after US surgeon general calls for cancer warnings
Business

European drinks group skid after US surgeon general calls for cancer warnings

January 3, 2025January 28, 2025

(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic

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Apple’s China troubles mount as foreign phone sales sink for 4th month
Business

Apple’s China troubles mount as foreign phone sales sink for 4th month

January 3, 2025January 28, 2025

BEIJING (Reuters) – Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by 47.4% in November from a year earlier, according to data

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Business

Biden blocks Nippon Steel’s $14.9 billion takeover of U.S. Steel

January 3, 2025January 28, 2025

(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel’s $14.9 billion buyout of U.S. Steel, citing reasons related to

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As Trump’s Republicans take congressional majority, Mike Johnson faces test
Uncategorized

As Trump’s Republicans take congressional majority, Mike Johnson faces test

January 3, 2025January 28, 2025

By Bo Erickson WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s Republicans will face a first test of their control of both chambers of Congress on Friday

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Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs
Uncategorized

Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

January 3, 2025January 28, 2025

By Nell Mackenzie LONDON (Reuters) – Global hedge funds taking long and short bets on stocks last year sported their highest average returns since 2020,

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