By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as…
Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance
By Stephen Culp NEW YORK (Reuters) – Wall Street rallied to a higher close on Wednesday, gathering momentum throughout the…
Factbox-Chipmakers’ plans for factories in Europe, US and Asia
(Reuters) – Chipmakers across the globe are pouring billions of dollars in investment to set up new plants, encouraged by…
CME to launch nickel contract using prices from new platform -sources
By Pratima Desai LONDON (Reuters) -CME Group plans to launch a nickel contract, settled with prices gathered from a platform…
Global shares, U.S. Treasury yields fall; Fed minutes called ‘outdated’
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as recent strong economic…
Oil drops 3% as high inflation risks stoke demand worries
By Shariq Khan BENGALURU (Reuters) – Oil prices fell by $2 per barrel to their lowest in two weeks on…
U.S. dollar strengthens as Fed minutes signal higher rates
By Laura Matthews NEW YORK (Reuters) – The dollar strengthened on Wednesday after U.S. Federal Reserve meeting minutes showed policymakers…
RBNZ’s Conway: more uncertainty around GDP projections due to cyclone
WELLINGTON (Reuters) – A cyclone that hit New Zealand earlier this month was leading to greater uncertainty around GDP projections,…
Luminar, Mercedes-Benz expand deal for self-driving tech
(Reuters) – Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully…
Global debt sees first annual drop since 2015 – IIF
By Marc Jones LONDON (Reuters) – The post-pandemic rebound in world growth and inflation last year meant the amount of…