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That assessment was based on delays in Western support, particularly US Congress’s slow approval of military aid, Daniel S. Hamilton, a non-resident senior fellow at the Brookings Institution and senior fellow at the Foreign Policy Institute of Johns Hopkins University SAIS, told Business Insider.But last week, Ukraine launched a surprise…
NEW YORK (Reuters) – Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the that preceded a more recent bout…
By Georgina McCartney and Scott DiSavino HOUSTON/NEW YORK (Reuters) – Major U.S. producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the past two months. Henry Hub gas futures have dropped to around $2 per million British thermal units (mmBtu),…
By Wayne Cole SYDNEY (Reuters) -Share markets tumbled and bonds rallied in Asia on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering that rapid fire rate cuts will be needed to rescue growth. The safe haven yen and Swiss…
Investing.com– Asian stocks fell sharply on Monday, extending last week’s losses amid growing fears of a U.S. economic slowdown, with Japanese markets set to enter a bear market from their July record highs. Markets tracked a slump in Wall Street on Friday, after substantially weaker-than-expected nonfarm payrolls data ramped up…
By Andrew Silver and Kane Wu SHANGHAI/HONG KONG (Reuters) – Some of the biggest global drugmakers, undeterred by mounting Sino-U.S. tensions, are scouring for deals in China to replenish drug pipelines and boost their presence in the world’s second-biggest pharmaceutical market, industry executives and investment bankers said. Several major deals…
LONDON/NEW YORK (Reuters) -Trading returned to normal on Friday after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual problems remained, including outages at some JPMorgan Chase (NYSE:) automated teller machines. A software update wreaked havoc on computer systems…
By David French (Reuters) – Some of Colonial Pipeline’s owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess of $10 billion, according to people familiar with the matter. Growing U.S. energy consumption has raised demand for pipeline…
By Dave Sherwood HAVANA (Reuters) – Russian navy ships churned into Havana harbor on Wednesday, a stopover the U.S. and Cuba said posed no threat but which was widely seen as a Russian show of force as tensions rise over the Ukraine war. Small groups of fishermen and curious onlookers…
Investing.com– Gold prices fell in Asian trade on Thursday and were close to breaking below key levels as waning safe haven demand and the prospect of higher-for-longer U.S. interest rates battered the yellow metal.Bullion prices were nursing a sharp drop from record highs over the past week, as a potential…