Oil prices rise after U.S. data shows tighter crude supply
By Stephanie Kelly NEW YORK (Reuters) -Oil prices gained on Wednesday as U.S. government data showed tighter-than-expected crude supplies, while…
Biden plan would guarantee overtime pay for 3.6 million workers
By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to…
As Nvidia splashes out, are stock buybacks worth it?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – To buy back, or not to buy back. The highest U.S. interest rates…
SoftBank fund cuts stake in India’s Zomato in $115-million deal
BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a…
Chinese banks should step up lending to private sector, central bank official quoted
BEIJING (Reuters) -An official at China’s central bank urged banks to step up lending to private companies during a meeting…
Dollar drops on jobs data, yen rises from 10-month low
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar fell on Tuesday after data showed that U.S. job openings…
Vanguard joins BlackRock, cuts support for shareholder items on climate, social issues
By Ross Kerber (Reuters) -Vanguard supported just 2% of shareholder resolutions on environmental and social issues at U.S. companies this…
JPMorgan increases stake in Brazilian digital bank C6 to 46%
By Tatiana Bautzer NEW YORK (Reuters) – JPMorgan Chase & Co has increased its stake in Brazilian digital bank C6…
Bitcoin hits two-week peak after Grayscale spot bitcoin ETF ruling
NEW YORK/LONDON (Reuters) – Bitcoin rose to two-week highs on Tuesday after a U.S. court ruled that the Securities and…
Nvidia’s forward PE ratio tumbles to lowest in eight months
By Noel Randewich (Reuters) – Increased analysts’ estimates since Nvidia’s strong quarterly report last week have left the world’s most…