Oil climbs on US fuel stocks draw, geopolitical tensions
By Georgina McCartney HOUSTON (Reuters) -Oil prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall…
Month: February 2024
Ford slows EVs, sends a truckload of cash to investors
By Joseph White and Nathan Gomes DETROIT (Reuters) -Ford Motor shares jumped on Tuesday after the automaker said it will…
Chipotle’s quarterly results shine as burrito demand holds strong
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill topped market estimates for quarterly profit and sales on Tuesday, helped by…
Lilly rides wave of weight-loss drug demand, working to expand capacity
By Patrick Wingrove and Bhanvi Satija (Reuters) – Eli Lilly on Tuesday forecast 2024 profit above Wall Street estimates on…
Equities fall, yields jump after data and Powell comments
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Shares on Wall Street and in Europe fell on Monday and…
Tesla falls on SAP snub report, Piper Sandler price target cut
(Reuters) -Tesla shares came under pressure on Monday after a report that Germany’s SAP was no longer planning to buy…
Rare earths prices seen rebounding in second half of 2024 -analysts
By Amy Lv and Mai Nguyen BEIJING/HANOI (Reuters) – Rare earth prices have likely bottomed out and are poised to…
Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets
(Reuters) – Cryptocurrency exchange Gemini Trust Co said on Saturday that crypto lender Genesis has filed a motion in U.S.…
Chinese turn U.S. embassy post into ‘Wailing Wall’ for stock plunge
BEIJING (Reuters) – Many Chinese are venting their frustration at the slowing economy and the weak stock market in an…
Republican candidate Trump says U.S. needs to impose tariffs on China
WASHINGTON (Reuters) -Republican presidential candidate Donald Trump said he would impose tariffs on China again if he is elected in…