Oil dips after sustained rally bolstered by supply cuts
(Reuters) -Oil prices edged lower following a protracted rally, but retained support from pledges by top producers Saudi Arabia and…
Tyson Foods misses sales estimates as demand slows, to close four more chicken facilities
(Reuters) – Tyson Foods (NYSE:TSN) missed Wall Street expectations for third-quarter revenue on Monday, as customers scaled back on meat…
Analysis – Yuan loses core support as firms leave China
(Reuters) – Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of…
Dollar on the rise ahead of key inflation data
The U.S. dollar gained in early European trade Monday, rebounding from losses after Friday’s payrolls data ahead of this week’s…
Marketmind: Wall St set for rebound after worst week since March
A look at the day ahead in U.S. and global markets by Samuel Indyk The second week of August looks…
San Francisco drives tech; will it drive away robot taxis?
(Reuters) – San Francisco may be the symbolic capital of the tech industry, and the hub of next-generation services like…
Futures rise following turbulent week; U.S. inflation in focus
(Reuters) – U.S. stock index futures rose on Monday after a rough week when elevated bond yields pressured rate-sensitive stocks,…
Musk’s X to pay legal bills of people ‘unfairly treated’ for posting on platform
(Reuters) -Elon Musk has said his X social media platform will pay the legal bills and sue on the behalf…
Aramco Q2 profit drops 38% to $30.1 billion, boosts dividend
(Reuters) -Saudi Arabian state oil giant Aramco (TADAWUL:2222) reported a near 38% drop in second-quarter net profit on Monday amid…
European stocks mixed; German industrial production slumps
European stock markets traded in a mixed fashion Monday, weighed by German economic weakness as investors prepare for this week’s…