Tag: Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the full story

NEW YORK, Dec 23 – The U.S. With a little over a week left in the year, the S&P 500 is on track for an 87% gain since the end of 2018, its best three-year performance in more than two decades. Gains in the year following such periods have on average been weaker, with the […]

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the full story

Coronavirus-driven mobility curbs across the globe added to fears of a drop in fuel demand. It is still unclear whether the Omicron variant is more deadly than Delta, the strain which has been dominant in recent months. Pfizer, one of the primary manufacturers of COVID-19 vaccines, said its antiviral COVID-19 pill was approved for at-home […]

The poll was conducted ahead of reports from the American Petroleum Institute, an industry group, due on Tuesday, and the EIA, the statistical arm of the U.S. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the full story

The lira , which was down more than 10% at 18.4 to the dollar earlier, strengthened sharply and ended up 25% on the day at 13.15 in reaction to Erdogan’s announcement, in its largest daily trading range on record. “The most important piece is that the government says that it will make up for losses […]

Fund managers are planning or accelerating a shift out of Chinese American Depository Receipts into their Hong Kong-listed counterparts, or buying more shares listed on the mainland. Some activist investors are going as far as pressing U.S.-listed Chinese companies not yet listed in Hong Kong to do so as soon as possible. Reuters, the news […]

That is even more drastic than implied by futures , which had been well ahead of Fed intentions until now. Such hawkish chatter from the Fed is a major reason long-dated Treasury yields fell last week as the short-end rose. BofA economists see this risk as reason to be bearish on equities, though their latest […]

Steel’s acute sensitivity to the ebbs and flows in construction and manufacturing makes it a closely-tracked bellwether for China’s economy, which has started to slow down from the second quarter. “We normally stockpile steel products in winter at relatively lower prices and sell them after the new year holidays when consumption resumes. Cement production, another […]

In Denmark, South Africa and Britain, the number of new Omicron cases has been doubling every two days. The Organization of the Petroleum Exporting Countries, Russia and allies, together known as OPEC+, have said they could meet before their scheduled Jan. The oil and gas rig count, an early indicator of future output, rose by […]