Dollar steadies near six-month highs; U.S. economy shows resilience
The U.S. dollar steadied near a six-month peak in early European trade Thursday, boosted by signs of a resilient U.S.…
Oil falls on concerns about China, winter demand
(Reuters) – Oil prices eased on Thursday as worries over demand due to a seasonal slowdown during winter and an…
Gold prices hover near 10-day low as U.S. rate jitters weigh
Gold prices moved little on Thursday, coming under pressure from strength in the dollar and Treasury yields as signs of…
Asian stocks fall amid economic gloom, tech hit by U.S.-China woes
Most Asian stocks fell on Thursday as trade data pointed to continued weakness in the Chinese economy, while regional technology…
Comcast moves up date for Hulu deal with Disney to Sept 30
(Reuters) – Comcast has moved up the date for the sale or purchase of its remaining stake in Hulu to…
Stocks fall, dollar and yields up after US services data
(Reuters) – World stock indexes fell while the benchmark U.S. Treasury yield rose and the U.S. dollar hit its highest…
Toyota mobility tech unit CEO Kuffner to leave post
(Reuters) – James Kuffner, the chief executive of Toyota Motor (NYSE:TM)’s autonomous driving technology unit Woven by Toyota, will step…
With Indian rupee near record low, cenbank steps up NDF intervention
(Reuters) – The Reserve Bank of India has been frequently intervening in the non-deliverable forward (NDF) market to make sure…
UAW makes contract counteroffer to Ford; Stellantis to make offer
(Reuters) -The United Auto Workers (UAW) union on Wednesday made a labor contract counterproposal on economic issues to Ford Motor…
Nestle buys majority stake in Brazilian premium chocolate maker
(Reuters) – Nestle is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said…