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...A New York jury has convicted former Honduran President Juan Orlando Hernández on multiple drug trafficking charges after a two-week trial in which he was alleged to have used his office to help move tonnes...
...Brent crude, the international benchmark, edged lower to $89.81 a barrel at7.30am on Tuesday in New York, a fall of around 0.3 per cent....
...A New York jury has convicted former Honduran president Juan Orlando Hernández on drug trafficking and firearms charges after a two-week trial in which he was accused of using his office to help move more...
...Additional reporting by Harriet Clarfelt in New York...
...Some of the biggest losers in the S&P index included Nvidia, down 7.1 per cent today, and Facebook parent Meta, down 4.1 per cent....
...Gintarė Skaistė, Lithuanian finance minister, said in New York on Tuesday that rules could be changed to allow the Russian assets to be mobilised....
...Its 5.5 per cent weekly loss was its biggest since late 2022, and its fourth in a row, the longest run since the 4 final weeks of 2022....
...The reports in ProPublica and the New York Times said one inquiry was shut down in 2011, while a second did not develop into a formal investigation....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds....
...Will Freeman, a fellow for Latin American studies at the Council on Foreign Relations in New York, said that Noboa’s actions are probably intended to bolster domestic support....
...The decline in its share price also came after a New York Times report said the US aviation regulator was investigating whistleblower claims about safety issues in the production of Boeing’s 787 Dreamliner...
...European Central Bank president Christine Lagarde said rapid wage growth was already showing signs of slowing in the eurozone, striking a dovish note on the potential for interest rate cuts even as the central...
...Shares in New York Community Bank, which last year bought the failed Signature Bank in a government-assisted deal, plunged as much as 45 per cent on Wednesday morning, after it reported a surprise fourth-quarter...
...Share moves to note on the New York Stock Exchange include DNA testing company 23andMe, homebuilder DR Horton and credit reporting agency Equifax: 23andMe: Shares surged 23 per cent in early trading on...
...Despite the monthly decline, Joanne Hsu, University of Michigan’s survey of consumers director, said “consumers perceived few changes in the state of the economy since the start of the year” and “appear...
...Trump Media and Technology Group shares were down more than 20 per cent at midday in New York — falling below its $49.95 price recorded the day before the merged company began to trade last week....
...The benchmark S&P 500 was 0.1 per cent lower shortly after the opening bell in New York while the tech-heavy Nasdaq Composite dropped 0.4 per cent....
...US toymaker Hasbro beat profit expectations and posted a smaller than expected fall in revenues in the first quarter as it executes a turnaround in the face of weak consumer demand....
...A growing number of small companies have blamed naked shorting for share price falls, even though data does not suggest an overall rise in bets on falling stock prices....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
...The company’s shares closed 15.8 per cent lower on Friday, its biggest fall since March 2020....
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