By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Wall Street’s downbeat start to an action-packed week has set a bumpy cour[...]
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January 30, 2023
Stocks fall, U.S. yields climb as central bank hikes awaited
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks retreated on Monday after six sessions of gains while U.S. Treasury yields rose ahead of central bank policy announcements and[...]
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Gucci’s challenge: reigniting heat while boosting timeless appeal
By Mimosa Spencer PARIS (Reuters) -Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say – a delicate task, gi[...]
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U.S. says FTX founder Bankman-Fried needs limits on communications, asset access
By Jonathan Stempel NEW YORK (Reuters) – The U.S. government on Monday urged a judge to reject Sam Bankman-Fried’s claim it went too far by insisting that the indicted founder of the now-b[...]
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United Airlines technicians vote to ratify new contract
(Reuters) -United Airlines Holdings Inc technicians ratified a two-year contract with the carrier that includes 16% to 23% wage increases, their union said on Monday. International Brotherhood of Team[...]
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Drugmakers prevail in dispute over U.S. discount drug program
By Brendan Pierson (Reuters) -Drug manufacturers can limit healthcare providers’ use of outside pharmacies for dispensing drugs under a federal drug discount program, a federal appeals court rul[...]
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Dollar gains as central banks take central stage
By Karen Brettell NEW YORK (Reuters) – The dollar rose on Monday, a day before the Federal Reserve was due to begin a two-day policy meeting, while the euro was boosted by unexpectedly high infl[...]
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Oil falls 2% as rate hikes loom and Russian flows stay strong
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dipped 2% on Monday, extending losses as looming increases to interest rates by major central banks weighed on demand and Russian exports remained st[...]
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Chinese-owned copper mine in Peru may halt production over unrest
LIMA (Reuters) – The huge Chinese-owned Las Bambas copper mine in Peru, normally the supplier of 2% of the metal worldwide, could halt production this week due to protests and blockades that are[...]
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