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

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

Jun 15, 2023 | Business, Economy, Europe, Middle East, UK, US

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker U.S. dollar and a jump in refinery runs in top crude importer China. Brent futures rose $2.47, or 3.4%, to settle at $75.67 a barrel, while U.S. West Texas...
NATO calls for common standards in push to boost defence production

NATO calls for common standards in push to boost defence production

Jun 14, 2023 | Canada, Europe, Politics, Top News, UK, US

By Sabine Siebold and Andrew Gray Brussels (Reuters) – NATO must work harder to set common standards for weapons and ammunitions, its chief said on Wednesday, as the alliance tries to boost defence production amid a Ukrainian counteroffensive likely to deplete...
Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say

Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say

Jun 12, 2023 | Business, Economy, Europe, Technology, US

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5%. The...
BioNTech faces first German lawsuit over alleged COVID vaccine side effects

BioNTech faces first German lawsuit over alleged COVID vaccine side effects

Jun 12, 2023 | Business, Economy, Europe, Health, Top News, US

By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its COVID-19 vaccine, the first of potentially hundreds of cases in the...
Activision intervenes in Microsoft challenge to UK regulator’s block

Activision intervenes in Microsoft challenge to UK regulator’s block

Jun 10, 2023 | Business, Economy, Europe, Politics, Technology, UK, US

LONDON (Reuters) – “Call of Duty” maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion takeover. Microsoft is appealing...
Shares steady on hopes for rate-hike hiatus in June

Shares steady on hopes for rate-hike hiatus in June

Jun 5, 2023 | Asia, Australia, Business, Economy, Europe, Top News, US

By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in June after data last week showed slowing U.S. wage growth, while oil...
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