Lucid shares drop on flat second-quarter deliveries, production drop
(Reuters) – Lucid Group’s electric-vehicle production dropped and its deliveries in the second quarter remained flat compared to the previous…
Domino’s to start using Uber for food orders, shares surge
(Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the pizza chain said customers can start using Uber (NYSE:UBER)’s Uber…
China’s Huawei poised to overcome US ban with return of 5G phones -research firms
(Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year,…
Dow futures edge higher; key inflation data in the spotlight
U.S. stock futures rose slightly Wednesday, adding to the previous session’s gains ahead of the release of key inflation data,…
Oil stuck between supply strains and economic doubt
(Reuters) – Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the world’s…
Marketmind: Dollar swoons in upbeat inflation vigil
A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another…
Deposit withdrawals at South Korea credit union have stabilised -ministry
SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised…
Dollar hits new two-month low ahead of key U.S. inflation report
The U.S. dollar slumped to its lowest level in two months in early European hours Wednesday ahead of a crucial…
European stocks rise, helped by U.K. banking gains; U.S. CPI due
European stock markets traded higher Wednesday, helped by gains in the U.K. banking sector ahead of the release of key…
Hedge funds grow more cautious on crypto after turmoil
(Reuters) – Global hedge funds not specialising in crypto assets have grown skittish from recent industry turmoil and this has…