Today: May 20, 2024
Today: May 20, 2024

Economy

Proxy adviser Glass Lewis urges Hess shareholders accept Chevron offer

By Gary McWilliams HOUSTON (Reuters) -Hess shareholders should vote in favor of Chevron's $53 billion all-stock offer at the oil company's May 28 special meeting, proxy adviser Glass Lewis said on

Proxy adviser Glass Lewis urges Hess shareholders accept Chevron offer

Markets ponders rate path, shares listless

A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to combat inflation has put a

Markets ponders rate path, shares listless

G7 to back EU line on frozen Russian assets, Italian official says

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Finance ministers from the Group of Seven major democracies meeting in Italy next week will back a European Union plan to use the income from frozen

G7 to back EU line on frozen Russian assets, Italian official says

Dollar mostly flat as market mulls inflation outlook

By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) -The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve

Dollar mostly flat as market mulls inflation outlook

Bank of Japan in no rush to sell risky asset holdings

By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank had no immediate plan to sell its huge holdings of exchange-traded funds (ETFs), which is drawing increased

Bank of Japan in no rush to sell risky asset holdings

China unveils 'historic' steps to stabilise crisis-hit property sector

By Liangping Gao and Clare Jim BEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan (

China unveils 'historic' steps to stabilise crisis-hit property sector

EU ends rule of law proceedings against Poland under liberal Tusk

The European Union Commission is to end six years of rule of law proceedings against Poland, Commission President Ursula von der Leyen said on Monday, marking the opening of a "

EU ends rule of law proceedings against Poland under liberal Tusk

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

Vessel carrying aid to US-built pier off Gaza leaves Cyprus

A vessel carrying aid to a pier built by the United States off Gaza set sail from Cyprus on Thursday, Cypriot officials said.

Vessel carrying aid to US-built pier off Gaza leaves Cyprus

China rolls out new measures to fix its property crisis, spur growth

China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in April

China rolls out new measures to fix its property crisis, spur growth

After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win

A decisive vote against the United Auto Workers at two Mercedes factories in Alabama sidetracked the union's grand plan to sign up workers at nonunion plants mainly in the South

After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win

Japan visitors exceed 3 million for 2nd straight month, tourism agency says

Japan welcomed more than 3 million visitors for a second straight month in April, official data showed on Wednesday, setting the stage for a potential record year for tourism.

Japan visitors exceed 3 million for 2nd straight month, tourism agency says

Cannabis stocks rally after DOJ proposal to reclassify marijuana

Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S.

Cannabis stocks rally after DOJ proposal to reclassify marijuana

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

By Nupur Anand NEW YORK (Reuters) -With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

Markets upbeat ahead of China data dump

A look at the day ahead in Asian markets.

Markets upbeat ahead of China data dump

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Dow tops 40,000, Biden trolls Trump in split-screen video

The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S.

Dow tops 40,000, Biden trolls Trump in split-screen video

Cisco rises as networking equipment demand rebound takes root

Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $

Cisco rises as networking equipment demand rebound takes root

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

The Dow's climb to a record 40,000 points

The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as

The Dow's climb to a record 40,000 points

Malaysia's economy grows faster than expected, inflation risks cloud outlook

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though

Malaysia's economy grows faster than expected, inflation risks cloud outlook

Oil gains 1% on hopes of firmer demand

Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the

Oil gains 1% on hopes of firmer demand

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

China's factories fire up but consumer slump persists

By Joe Cash and Ellen Zhang BEIJING (Reuters) -China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector

China's factories fire up but consumer slump persists

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden, providing a breather to the embattled Chinese

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned
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