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By Katya Golubkova and Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains, weighed down by worries of higher global production amid slow demand growth, with a firmer dollar exacerbating the declines. futures fell 35 cents, or 0.5%, to $71.93 a…
By Valerie Volcovici BAKU, Azerbaijan (Reuters) – President Joe Biden’s administration has asked the European Union to ensure liquefied shipments that meet U.S. methane regulations automatically comply with Europe’s standards for imports, according to a letter seen by Reuters. Linking U.S. and EU methane standards would safeguard United States’ growing…
By Conor Humphries DUBLIN (Reuters) -Sharp falls in Ryanair ticket prices seen earlier this summer have eased significantly and Chief Executive Michael O’Leary is optimistic fares will return to growth next summer due to capacity constraints, he said on Monday. The airline, Europe’s largest by passenger numbers, reported an 18%…
Investing.com– Most Asian stocks rose on Monday as concerns over the Israel-Iran conflict were soothed by a less severe than feared attack by Israel, while Japanese shares rose past increased political uncertainty. Japanese markets were the best performers on Monday as the ruling Liberal Democratic Party lost its parliamentary majority,…
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to ride higher on the back of an anxious pre-election climb in U.S. Treasury yields, notching its best levels in almost three months against the euro and yen on starkly contrasting economic and…
A look at the day ahead in U.S. and global markets from Mike Dolan Tech-heavy stock markets are set to breathe a sigh of relief on Thursday as the world’s largest chipmaker beat the street and eased gnawing doubts about semiconductor demand worldwide and jitters about the wider artificial intelligence…
By Scott DiSavino (Reuters) – U.S. eased about 1% on Monday on a small increase in output over the weekend and forecasts for less demand over the next two weeks than previously expected. That small output increase came as some drillers restarted their Gulf of Mexico production now that Hurricane…
Investing.com– U.S. stock index futures rose in evening deals on Thursday as a rout in technology stocks eased after earnings from Nvidia Corp showed artificial intelligence-fueled demand still remained in play. Optimism over interest rate cuts also kept Wall Street close to record highs, with focus turning squarely to upcoming…
Investing.com– Most Asian stocks surged on Friday, tracking an overnight rally on Wall Street as strong U.S. economic data helped quell fears of a recession, while bets on interest rate cuts still remained in play. Wall Street indexes rose sharply on Thursday after strong retail sales data boosted optimism over…
By Ankika Biswas and Pranav Kashyap (Reuters) -Technology and bank shares led Europe’s benchmark stock index more than 1% higher on Thursday, with risk appetite boosted by strong U.S. retail sales data that eased fears of a slowdown in the world’s largest economy. The pan-European STOXX 600 closed at a…