Dollar slides on banking, growth concerns; euro gains post ECB
The U.S. dollar fell in early European trade Friday, as traders fretted that the continued turmoil in the U.S. banking…
World food prices rise for first time in a year- FAO
(Reuters) – The United Nations food agency’s world price index rose in April for the first time is a year,…
Ukraine’s nuclear deal with Canada’s Cameco carries big risks, rewards
(Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco (NYSE:CCJ) Corp to power all of its…
Adidas shares leap on results but CEO warns of bumpy year
(Reuters) – Adidas shares jumped on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast “a bumpy year with…
J&J’s Kenvue eyes $47 billion valuation in biggest US IPO since 2021
(Reuters) – Johnson & Johnson (NYSE:JNJ)’s consumer health unit Kenvue Inc was set to fetch a valuation of about $47…
Westinghouse unveils small modular nuclear reactor
(Reuters) – U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that…
United Airlines will use lower-carbon fuels in San Francisco, London
(Reuters) – United Airlines will begin using lower-carbon aviation fuels on flights from San Francisco International Airport and London Heathrow…
NDX: Nasdaq Drops as Fed’s Powell Says No Rate Cuts Are Planned for 2023
Stocks lost their edge after Jay Powell lifted rates with another 25 bps and vowed to halt hikes for now.…
USD/JPY: Japanese Yen Seesaws in Heavily Volatile Trading, Dollar Slips to ¥134.15
A flurry of events is causing the yen to fluctuate rather aggressively, while the dollar is reacting to another rate…
PACW: PacWest is Looking for a Buyout Offer After Shares Wash Out 55%
Another regional lender is trying to escape the insolvency path by selling out to a buyer or seeking a fresh…