By Promit Mukherjee and Nikhil Sharma (Reuters) -Canada’s benchmark index inched up on Monday as calm returned after a week of turmoil, but rising tensions in the Middle East and upcoming data f[...]
Read moreAugust 12, 2024
Oil prices jump on prospect of widening Middle East war shrinking supply
By Laila Kearney NEW YORK (Reuters) -Oil prices jumped by more than 3% on Monday, rising for a fifth consecutive session on expectations of a widening Middle Eastern conflict that could tighten global[...]
Read moreStocks tick up while yen slips in calm before US data
By Koh Gui Qing and Harry Robertson NEW YORK/LONDON (Reuters) -World stocks edged higher on Monday while the yen slipped as a holiday in Japan removed one source of recent volatility, with investors l[...]
Read moreX hit with Austrian data use complaint over AI training
VIENNA (Reuters) – Austrian advocacy group NOYB on Monday filed a complaint against social media platform X accusing the Elon Musk-owned company of training its artificial intelligence (AI) with[...]
Read moreTire maker Goodyear to invest C$575 million to upgrade Canada plant
OTTAWA (Reuters) -The Canadian unit of Goodyear Tire & Rubber Co will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, Prime Minister Justin Trudeau said on Mon[...]
Read moreYen dips, markets stabilize ahead of US inflation data
By Laura Matthews NEW YORK (Reuters) – The yen fell against the dollar on Monday in calmer currency market trading as investors weighed the odds of a deep Fed interest rate cut next month ahead[...]
Read moreS&P and Moody’s downgrade JetBlue amid $3 billion debt raise, shares sink
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Ratings agencies S&P and Moody’s downgraded JetBlue Airways after the carrier unveiled plans to raise more than $3 billion in debt, major[...]
Read moreUS July federal deficit grows
(Reuters) – The U.S. government recorded a $244 billion budget deficit for July, up 10% from a year earlier, but accounting for calendar differences, the gap would have been $45 billion narrower[...]
Read more$2.4 billion wiped off Adani shares after Hindenburg allegations against regulator
BENGALURU (Reuters) – Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday after the shortseller accused the head of[...]
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