European shares slide, oil recovers, merchants await US jobs information

LONDON, August 5 (Reuters) – European stocks fell slightly on Friday but are still set for weekly gains, while traders await US jobs data late in the session to provide clues to the health of the world’s largest economy. The MSCI World Stock Index, which tracks stocks in 47 countries, was up 0.2% and is … Read more

Greenback jumps in opposition to yen as Fed officers trace extra price hikes to come back

NEW YORK, Aug. 2 (Reuters) – The dollar strengthened against the Japanese yen on Tuesday as remarks by U.S. Federal Reserve officials hinted that more rate hikes are imminent in the coming weeks. next time. A trio of Fed officials from across policy suggested Tuesday that they and their colleagues remain firm and united in … Read more

Asian shares slide with US yields on Pelosi jitters; Aussie drops

A man wearing a face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite, Nikkei and Dow Jones Industrial Average outside a company brokerage in Tokyo, Japan, February 14, 2022. REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Register TOKYO, Aug 2 (Reuters) – … Read more

HSBC hangs up with Ping A farewell name, raises payout and revenue targets

HSBC reverts quarterly dividend from 2023 In order to attract investors with a higher return target Asian business analyst has huge risk London shares rise 6% LONDON / SINGAPORE, August 1 (Reuters) – HSBC (HSBA.L) pushed back proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to split lenders, a move Europe’s biggest … Read more

Shenzhen promotes China’s driverless automotive dream

SHENZHEN, China, August 1 (Reuters) – On a busy street in the city center, three delivery bikes suddenly swerved across the pedestrian crossing in front of cars. On a car’s dashboard, they look like little 3D blue blocks from a 1990s video game. The steering wheel shifts by itself and the car comes to a … Read more

China’s manufacturing facility exercise unexpectedly contracted in July as COVID broke out

Employees work on the production line of vehicle parts during a government-organized media tour of the German engineering group Voith’s factory, following the outbreak of the coronavirus disease (COVID-19), in Shanghai, China July 21, 2022. REUTERS / Aly Song Sign up now for FREE unlimited access to Reuters.com Register China’s official July manufacturing PMI forecast … Read more

World shares have finest month since late 2020, greenback slips

The MSCI World Index rose 0.3%; nearly 6% in the month The dollar fell 0.5% against a basket of major peers Markets bet US slowdown to rein in rate tightening LONDON/SINGAPORE, JULY 29 (Reuters) – Global stocks rose on Friday, their best month of course since late 2020 as traders bet a weakening US economy … Read more

Wall St elevated sharply within the second day; Amazon, Apple leapfrogging after hours

US economic contract in the second quarter Meta Platform revenue drops for the first time Ford shares rise after results Indices: 1% down, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, JULY 28 (Reuters) – U.S. stocks rose on Thursday for a second day, with all three major indexes ending more than 1% as … Read more

Biden pledges to tax the wealthy, firms revived by Manchin-led invoice

Chairman of the United States Senator Joe Manchin (D-WV) attends a U.S. Senate Energy and Resources Committee hearing on Capitol Hill in Washington, U.S., July 19, 2022. REUTERS/Elizabeth. Frantz / File Photo Sign up now for FREE unlimited access to Reuters.com Register WASHINGTON, July 28 (Reuters) – U.S. President Joe Biden’s campaign trail promises to … Read more

Nasdaq posts largest one-day acquire since 2020 after Fed fee hike

Microsoft, Alphabet results spark growth stocks Fed announces rate hike in a unanimous decision Indices: Down 1.4%, S&P 500 up 2.6%, Nasdaq up 4.1% NEW YORK, JULY 27 (Reuters) – Nasdaq rallied more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest rates as expected. … Read more