Oil prices climb on positive US fuel demand data
(Reuters) – Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day,…
Gold steady, copper slides as markets digest mixed CPI reading
Gold prices steadied in early trade on Thursday, while copper prices nursed steep losses as data showed that U.S. inflation…
Cost of insuring against U.S. default rises to highest since 2009
(Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday, in…
SoftBank books narrower loss after Alibaba stake sell-down
(Reuters) – Japan’s SoftBank Group Corp on Friday posted a sharply narrower annual loss after a capital raise using its…
Bayer sees 2023 results at lower end of range as weedkiller prices drop
(Reuters) – Drug and pesticide maker Bayer (OTC:BAYRY) said its 2023 results would likely come in at the lower bound…
Emirates airline creates $200 million aviation sustainability fund
(Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the impact…
European stock futures higher; BoE meeting in focus
European stock markets are expected to open higher Thursday, as investors digest the latest U.S. inflation figures ahead of the…
Nissan sees 38% full-year profit rise on stronger sales outlook
(Reuters) – Japan’s Nissan (OTC:NSANY) Motor Co on Thursday said it expects operating profit to rise 38% this year on…
Italy’s antitrust watchdog probes Apple over alleged app market abuse
(Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple (NASDAQ:AAPL) for…
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
(Reuters) – Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the sector raised expectations…