By Scott DiSavino (Reuters) -Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere’s summer driving season and worries that conflict i[...]
Read more
July 1, 2024
ECB not in a hurry to cut rates further, Lagarde says
SINTRA, Portugal (Reuters) – The European Central Bank needs more time to conclude that inflation is firmly on a path to 2% and benign economic developments indicate that rate cuts are not urgen[...]
Read more
Tiny Chain Bridge is top banker to Trump, Republican campaigns
By Lewis Jackson (Reuters) – When Republican campaigns want a banker, they don’t go to New York or San Francisco, but to downtown McLean, Virginia – about a 20 minute drive from the[...]
Read more
WestJet’s union ends strike after reaching deal with carrier
(Reuters) -The union representing Canada’s WestJet Airlines’ striking mechanics said on Monday that it has negotiated a contract with the carrier, ending their strike immediately. Westjet[...]
Read more
Colombian airline Avianca plans to confidentially file for US IPO
(Reuters) -Avianca Group plans to confidentially file for an initial public offering in the United States, the holding company for the Colombian airline said on Monday. The Bogota-based airline, with[...]
Read more
Tesla rises ahead of Q2 deliveries report
(Reuters) – Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to its watch list ahead of the automaker’s quarterly production and delivery repor[...]
Read more
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
(Reuters) – Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to off[...]
Read more
US manufacturing extends slump; inflation pressures ebbing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for in[...]
Read more
Factbox-What is Chewy, the pet products website ‘Roaring Kitty’ is championing?
By Granth Vanaik and Siddharth Cavale (Reuters) – Keith Gill, the meme stock trader “Roaring Kitty,” thrust Chewy Inc into the spotlight when he made a $245 million bet on the online[...]
Read more