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Year: 2023

Oil futures up 3% on strong China refinery data, weaker US dollar
BusinessEconomyEuropeMiddle EastUKUS

Oil futures up 3% on strong China refinery data, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker…

June 15, 2023June 15, 2023
How the Fed hid a rate hike in its rate “cuts” for 2024
BusinessEconomyTop NewsUS

How the Fed hid a rate hike in its rate “cuts” for 2024

By Howard Schneider WASHINGTON (Reuters) – The outlook from U.S. Federal Reserve officials at their meeting this week sees interest…

June 15, 2023June 15, 2023
US stocks end mixed after Fed signals more rate hikes to come
BusinessEconomyUS

US stocks end mixed after Fed signals more rate hikes to come

By Noel Randewich and Sruthi Shankar (Reuters) – U.S. stocks ended mixed on Wednesday after the Federal Reserve kept U.S.…

June 14, 2023June 14, 2023
NATO calls for common standards in push to boost defence production
CanadaEuropePoliticsTop NewsUKUS

NATO calls for common standards in push to boost defence production

By Sabine Siebold and Andrew Gray Brussels (Reuters) – NATO must work harder to set common standards for weapons and…

June 14, 2023June 14, 2023
Shell boosts dividend, steadies oil output under new CEO’s plan
BusinessEconomy

Shell boosts dividend, steadies oil output under new CEO’s plan

By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell said it will ramp up its dividend and share buybacks while…

June 14, 2023June 14, 2023
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
BusinessEconomyScienceTechnologyUS

Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?

(Reuters) – Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady…

June 14, 2023June 14, 2023
US stocks end higher as inflation data cements bets on rate hike pause
BusinessEconomyUS

US stocks end higher as inflation data cements bets on rate hike pause

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14…

June 13, 2023June 13, 2023
Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
BusinessEconomyTechnologyUS

Ryan Cohen scoops up GameStop stock worth $10 million, shares rise

(Reuters) – Ryan Cohen has bought GameStop stock worth $10 million, a securities filing showed on Tuesday, in a sign…

June 13, 2023June 13, 2023
Americans should prepare for cyber sabotage from Chinese hackers, US official warns
AsiaPoliticsTechnologyTop NewsUS

Americans should prepare for cyber sabotage from Chinese hackers, US official warns

By Raphael Satter WASHINGTON (Reuters) – Chinese hackers are all but certain to disrupt American critical infrastructure, such as pipelines…

June 12, 2023June 12, 2023
GM to invest $632 million in Indiana plant for future truck production
BusinessEconomyUS

GM to invest $632 million in Indiana plant for future truck production

By David Shepardson (Reuters) – General Motors plans to invest $632 million in its Fort Wayne, Indiana, assembly facility to…

June 12, 2023June 12, 2023

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