By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Wednesday as gains in miners offset…
Europe’s STOXX 600 hits over 3-month highs; Credit Suisse drops after flagging hefty loss
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Wednesday as gains in miners offset…
EU countries spar over 275 euros/MWh gas cap proposal
By Gabriela Baczynska BRUSSELS (Reuters) -The 27 European Union countries disagreed on Wednesday over a proposal by the bloc’s executive…
Deere’s strong earnings aided by pricing boost, shares hit record high
By Bianca Flowers and Aishwarya Nair CHICAGO (Reuters) -Deere & Co on Wednesday posted a quarterly profit that easily beat…
Bank deposit rates lag changes in Fed policy rate, NY Fed analysts say
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises,…
News Corp-Fox merger plan opposed by big shareholder
By Dawn Chmielewski and Chavi Mehta (Reuters) -A major investor in News Corp and Fox Corp, Independent Franchise Partners, said…
U.S. business activity weakens further; euro zone downturn eases slightly
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity contracted for a fifth straight month in November…
U.S. crude inventories fall as fuel stocks build on strong refining activity
By David Gaffen (Reuters) – U.S. crude stockpiles fell while gasoline and distillate inventories both rose substantially last week as…
Xiaomi revenue falls in third quarter as COVID-19 controls bite
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Wednesday reported a 9.7% fall in third-quarter revenue, hit by China’s COVID-19…
U.S. crude oil stocks in SPR fall to lowest level since March 1984 – EIA
(Reuters) – U.S. crude oil stocks in the Strategic Petroleum Reserve fell by 1.6 million barrels in the latest week…