By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed…
Moody’s cuts UK outlook to ‘negative’ over political turmoil
(Reuters) -Ratings agency Moody’s on Friday lowered the United Kingdom’s outlook to “negative” from “stable” over ongoing political turmoil, weaker…
UAW wants U.S. to bar loans, subsidies for Hyundai over workplace issues
By David Shepardson (Reuters) -The United Auto Workers (UAW) union on Friday called on the Biden administration not to award…
Snap sets off alarm bells in ad-reliant social media sector
By Nivedita Balu and Akash Sriram (Reuters) – Snap Inc shares sank more than 30% on Friday and hit their…
TSX posts biggest weekly gain since July as rate hike fears ebb
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Friday to its highest closing level in more…
Wall St rallies, Treasury yields dip on hopes of easing Fed policy
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday…
Exclusive-Korean auto giant Hyundai investigating child labor in its U.S. supply chain
By Joseph White and Joshua Schneyer DETROIT (Reuters) -Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in…
Speculators’ net long USD bets grow -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators’ net long bets on the U.S. dollar edged higher in the latest…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Japanese yen jumps as traders suspect intervention
By Leika Kihara, Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss TOKYO/LONDON/NEW YORK (Reuters) – Japanese authorities likely intervened in markets to…