hits
By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) – Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia’s oil trade on expectations the measures would tighten supplies, according to analysts and LSEG data. The United States imposed its toughest…
By Manya Saini, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs earned its biggest quarterly profit in more than three years, beating Wall Street expectations, as its investment bankers brought in more fees from deals and debt sales, while its traders benefited from a surge in market activity.…
By Timothy Gardner, Daphne Psaledakis, Nidhi Verma and Dmitry Zhdannikov WASHINGTON/NEW DELHI/LONDON (Reuters) -U.S. President Joe Biden’s administration imposed its broadest package of sanctions so far targeting Russia’s oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump’s incoming team leverage to reach a deal…
By Sruthi Shankar and Johann M Cherian (Reuters) -Wall Street’s main indexes rose on Monday to one-week highs as optimism around AI boosted semiconductor stocks, and a report suggested the incoming Trump administration could adopt a less aggressive stance on tariffs than previously anticipated. At 12:03 p.m. ET, the rose…
Investing.com– Gold prices fell slightly in Asian trade on Monday, coming under pressure from a stronger dollar as expectations of a slower pace of monetary easing kept traders largely biased towards the greenback. The yellow metal has been steadily losing ground since late-December, after the Federal Reserve warned that it…
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways (NASDAQ:) for operating four chronically delayed flights on domestic routes – the first time it has imposed such a fine on an airline for the prohibited scheduling practice. USDOT said on Friday that…
By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq hit a record high on Monday and the also rose as investors assessed the latest economic data while awaiting the Federal Reserve’s final policy announcement of the year later in the week to gauge the path of interest rates. Markets have almost…
China’s Ministry of Commerce said on Tuesday it will halt shipments of key materials to the US.The ban includes materials that are used in semiconductors, batteries, and solar panels.China’s Ministry of Commerce said it was responding to fresh US chip export bans, announced Monday.China has retaliated against the Biden administration’s…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are grinding out new records as U.S. growth continues to outperform, interest rate cut optimism has been rekindled at the margins and investors raise eyebrows at overseas turbulence in French politics and Chinese…
By Karen Freifeld and David Shepardson (Reuters) – The U.S. will launch its third crackdown in three years on China’s semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group, among other moves, according to two people familiar with the matter. The effort to…
