By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar jumped to a four-week high against the euro on Monday,…
China reopening is wild card for Canada sticking economic soft landing, analysts say
By Steve Scherer and Fergal Smith OTTAWA/TORONTO (Reuters) – China’s rapid reopening is likely to fuel demand for commodities produced…
Oil rises 1% in choppy trade on China demand hopes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher in choppy trading on Monday as markets weighed a return in…
Turkey’s lira hits record low but rebounds after quake, stocks slip
LONDON (Reuters) – Turkey’s lira briefly dipped to a record low and its main stock market fell 1.35% on Monday…
Russia’s Sechin says Europe no longer sets Urals price
By Nidhi Verma and Arunima Kumar BENGALURU, India (Reuters) -Europe will no longer set the reference price for Russia’s flagship…
AI stocks rally in latest Wall Street craze sparked by ChatGPT
(Reuters) – Shares of C3.ai Inc, BigBear.ai and SoundHound AI extended a rally on Monday as artificial intelligence becomes a…
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
India’s Adani crisis spills over into street protests as losses top $110 billion
By Adnan Abidi, M. Sriram and Aditi Shah NEW DELHI (Reuters) – The crisis engulfing the Adani Group intensified on…
EV startup Vinfast to cut U.S. jobs amid restructuring
By Phuong Nguyen (Reuters) -Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said…
Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher
By Gilles Guillaume and David Dolan LONDON/TOKYO (Reuters) – Renault SA has taken big steps to simplify its complicated alliance…