By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for a longer period, curb[...]
Read more
May 24, 2024
US political independents drift closer to Republicans’ sour view of economy
By Dan Burns (Reuters) – U.S. political independents, who typically occupy the center ground in a closely watched monthly survey of overall consumer attitudes about the economy, have drifted clo[...]
Read more
Dell hits record high amid rally in AI stocks
By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimis[...]
Read more
Citigroup asks 600 staffers to return to office full-time
(Reuters) -Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks[...]
Read more
Airlines, hotels, retailers fear being left out in Google’s search changes
By Foo Yun Chee BRUSSELS (Reuters) – Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes their views into account, a[...]
Read more
Julius Baer considering potential takeover of Swiss rival EFG, Bloomberg News reports
(Reuters) – Switzerland’s private banking group Julius Baer is exploring a potential acquisition of rival EFG International, Bloomberg News reported on Friday, citing people familiar with[...]
Read more
US core capital goods orders rise, inflation expectations improve
By Lucia Mutikani WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods rebounded more than expected in April and shipments of those goods also increased, suggesting a modera[...]
Read more
TotalEnergies investors back CEO at AGM, weaker support for climate strategy
By America Hernandez and Benjamin Mallet PARIS (Reuters) -Shareholders in French oil and gas major TotalEnergies largely backed the company’s strategy and its CEO on Friday, but support has weak[...]
Read more
Walmart, Capital One end consumer credit card agreement
(Reuters) -Capital One Financial will no longer be the exclusive issuer of Walmart-branded credit cards, the companies said on Friday, as they scrapped their agreement following disputes. The world[...]
Read more