Global stock index rises as oil, 10-year yield and dollar pull back
By Sinéad Carew NEW YORK (Reuters) – A global index of stocks bounced back after a nine-day losing streak on Thursday as oil prices fell and U.S. Treasury yields pulled…
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By Sinéad Carew NEW YORK (Reuters) – A global index of stocks bounced back after a nine-day losing streak on Thursday as oil prices fell and U.S. Treasury yields pulled…
By Jonathan Stempel NEW YORK (Reuters) – General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday that it is not yet clear to him what the central…
By Kylie Madry MEXICO CITY (Reuters) -Mexican authorities should postpone planned flight cuts out of the capital airport until the summer 2024 season, which begins in March, an international group…
By Aditya Soni (Reuters) -GameStop on Thursday named billionaire Ryan Cohen as its CEO and chairman, tightening the activist investor’s grip on the ailing videogame retailer that he intends to…
(Reuters) -France’s competition authority raided Nvidia’s local offices this week on suspicion the chipmaker engaged in anticompetitive practices, the Wall Street Journal reported on Thursday. The French competition authority, which…
By Scott DiSavino NEW YORK (Reuters) -Oil futures eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates…
By Karen Brettell and Alun John NEW YORK (Reuters) – The dollar index eased from a 10-month high on Thursday but remained on track for a weekly gain, and investors…
(Reuters) – Ray Dalio believes the United States is going to have a debt crisis and is closely watching the “risky” fiscal situation, CNBC reported on Thursday, citing an interview…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, may face a “very long sentence” if convicted at his fraud trial starting…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A $16 billion JP Morgan fund, expected to reset its options positions on Friday, is drawing traders’ attention as a potential source…
(Reuters) -“Fortnite” maker Epic Games is laying off about 830 employees, or 16% of its staff, and divesting online music platform Bandcamp, the company said on Thursday. The videogame company…
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday charged former executives for telecommunications firm Pareteum with accounting and disclosure fraud, according to a statement.The SEC said it…
By Jonathan Stempel NEW YORK (Reuters) -U.S. prosecutors on Thursday announced criminal insider trading charges against a former Goldman Sachs and Blackstone analyst and two friends over an alleged scheme…
By Daniel Wiessner (Reuters) -A New York state judge on Thursday rejected a bid by Uber Technologies Inc, DoorDash Inc and Grubhub Inc to block New York City’s novel law…
(Corrects paragraph 2 to remove reference to Paris Stock exchange and say on Sept. 25 and not last week) (Reuters) – Coty said it would price its global offering of…
By Leah Douglas (Reuters) -The U.S. Department of Justice on Thursday filed an antitrust lawsuit against data company Agri Stats, alleging that its weekly reports on meat pricing and sales…
By Stephen Nellis (Reuters) – Apple on Thursday asked the U.S. Supreme Court to strike down an order requiring changes to its App Store rules stemming from an antitrust case…
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have accelerated this quarter, but a…
FRANKFURT (Reuters) – Germany’s Commerzbank said on Thursday it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024. It also expects…
BRASILIA (Reuters) – Brazil’s central bank governor said on Thursday that the bar for accelerating interest rate cuts is a little higher now, signaling policymakers have been following recent developments…
LONDON (Reuters) – Philip Morris International (PMI) on Thursday signalled a slower than anticipated U.S. roll out of its IQOS heated tobacco device, a choice analysts said was positive for…
WASHINGTON (Reuters) -The International Monetary Fund said on Thursday it sees some signs of stabilization in China’s economy from recent data, but believes the country can accelerate growth over the…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey…
By Gwladys Fouche and Charlotte Van Campenhout OSLO/BRUSSELS (Reuters) – Norway’s data regulator will refer the ongoing fine it has imposed on Meta Platforms to the European data authority (EDA),…