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Wall Street's major averages climbed on November 4 as investors await the outcome of the U.S. election. The Dow Jones Industrial Average rose 367.63 points, or 1.34 percent, to finish at 27,847.66. The S&P 500 was up 74.28 points, or 2.20 percent, to 3,443.44. The Nasdaq Composite Index increased 430.21...
(Reuters) - Republican Cindy Hyde-Smith won a U.S. Senate special election runoff in Mississippi on Tuesday, the Associated Press projected, defeating a black challenger after a campaign that recalled the state’s history of racist violence. Hyde-Smith, a white former state lawmaker who was appointed to the Senate in April, overcame...
(Reuters) - Citizens Financial Group Inc (CFG.N) said its initial public offering was priced at $21.50 per share, valuing the U.S. unit of Britain’s Royal Bank of Scotland (RBS.L) at about $12 billion. The IPO, which was priced below the expected range, raised about $3 billion, making it...
LONDON/NEW YORK (Reuters) - British bank Barclays (BARC.L) was hit with a combined $77 million in fines from British and U.S. regulators on Tuesday as the lender continues to be dogged by problems from its past. Barclays was fined 38 million pounds ($62 million) by Britain’s Financial Conduct Authority (FCA)...
According to data released by the Brazilian National Geographic and Statistics Agency (IBGE) on the 12th local time, Brazil's inflation rate in 2020 was 4.52%, which was higher than the median government control target of 4% that year, marking the highest in 4 years. Data showed that in 2020, the...
WASHINGTON (Reuters) - Ivanka Trump, U.S. President Donald Trump’s oldest daughter and a White House adviser, dismissed comparisons of her use of private email for government work and that of Hillary Clinton, her father’s Democratic rival in the 2016 election. “All of my emails are stored and preserved. There were...
SYDNEY/HONG KONG (Reuters) - National Australia Bank (NAB) (NAB.AX) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters. Under new CEO Andrew Thorburn, Australia’s fourth-largest bank by market value hopes...
(Reuters) - Republican Cindy Hyde-Smith won a U.S. Senate special election runoff in conservative Mississippi on Tuesday, defeating a black challenger after a campaign that recalled the history of racist violence in the deep South state. The white former state lawmaker, who was appointed to the Senate in April, overcame...