By David Shepardson WASHINGTON (Reuters) – Two senior Republican lawmakers on Wednesday were highly critical of the decision by the U.S. Energy Department to award $200 million to Microvast Hold[...]
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December 7, 2022
TSX falls for fourth day as oil prices hit 2022 low
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index edged lower on Wednesday to its lowest closing level in nearly three weeks as a drop in oil prices weighed on energy shares an[...]
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S&P, Nasdaq extend losing streaks amid rising recession worries
By David French (Reuters) – The S&P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as they weighed how the F[...]
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Stocks, bond yields dip as U.S. data muddies Fed rates outlook
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -World stocks slid further and Treasury yields dipped on Wednesday as U.S. worker productivity data beat forecasts but extended a weak trend,[...]
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Apple offers hacking targets new options to secure data, chats
By Paresh Dave OAKLAND, Calif. (Reuters) – Apple Inc plans to allow users to more tightly lock down photos and notes stored on its iCloud service and require a physical security key when logging[...]
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Marketmind: Glass half empty
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Santa rally is turning into the Grinch’s revenge. U.S. and global recession fears continue t[...]
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Southwest reinstates dividend; says no signs of slowdown in travel demand
By Rajesh Kumar Singh and Priyamvada C CHICAGO (Reuters) -Southwest Airlines Co on Wednesday became the first major U.S. airline to reinstate its quarterly dividend, more than two years after suspendi[...]
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GameStop posts 9.4% fall in third-quarter revenue
(Reuters) – GameStop Corp posted a 9.4% fall in quarterly revenue on Wednesday as consumers cut back spending on discretionary items amid stubbornly high inflation. The company launched a digita[...]
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Mexican financial system stable and resilient amid pandemic recovery -central bank
By Isabel Woodford and Anthony Esposito MEXICO CITY (Reuters) -Mexico’s financial system has a resilient and solid position, the country’s central bank said on Wednesday during the launch[...]
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