By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent[...]
Read more
UK
Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes from its December meeting, while the euro was dented by moderating[...]
Read more
European shares rise on Big Pharma boost, German inflation slows
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares rose on Tuesday, with large-cap pharmaceutical companies boosting the main STOXX 600 index, while the region’s largest eco[...]
Read more
Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13%[...]
Read more
Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters. The holidays are over and it’s back to work, so markets are no exceptio[...]
Read more
Marketmind: Making waves
A look at the day ahead in European and global markets from Tom Westbrook The first trading day for most major markets in Asia was a choppy one, as investors grappled with the contradictory implicatio[...]
Read more
UK announces cash support for low-income households
(Reuters) – Millions of low-income households in Britain will receive cost-of-living support from the government of up to 900 pounds ($1,084) over the financial year, the country’s Departm[...]
Read more
European shares start 2023 on upbeat note on encouraging factory data
By Bansari Mayur Kamdar (Reuters) -European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a[...]
Read more
Dollar creeps up in subdued start to new year
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a Feder[...]
Read more