by Reuters | Jul 3, 2023 | Business, Economy, Europe, Middle East, UK, US
By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible U.S. interest-rate hikes outweighed supply cuts announced for August by top exporters Saudi Arabia and Russia. Brent crude futures settled down 1%,...
by Reuters | Jul 3, 2023 | Business, Economy, Technology, US
By Mike Scarcella WASHINGTON (Reuters) – Apple said on Monday it will ask the U.S. Supreme Court to hear its challenge to a judge’s order in an antitrust case brought by “Fortnite” maker Epic Games that could force the iPhone maker to change...
by Reuters | Jul 3, 2023 | Business, Economy, Technology, US
By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund. Cboe on...
by Reuters | Jul 3, 2023 | Business, Economy, Technology, US
By Lewis Krauskopf NEW YORK (Reuters) – The massive rally in Apple’s shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the stock. Apple’s share price has soared 49% so far this year, ballooning its weight in stock...
by Reuters | Jul 3, 2023 | Business, Economy, Europe, US
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce after the takeover of Credit Suisse. UBS recruited 50 financial advisers,...
by Reuters | Jul 2, 2023 | Asia, Business, Economy, Technology, US
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S....