Stocks News

By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be welcoming overseas attendees in person for the first time in three years from Saturday, but a soft outlook for global growth is expected to dampen the

By Arriana McLymore NEW YORK (Reuters) – E-retail giant Amazon is facing 18 shareholder proposals, beating its 2022 record of 15 proposals, as environmental, social and governance (ESG)-focused investors push for more changes in the company, according to Amazons’ proxy statement released on Thursday.

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned policymakers against the danger of a new Cold War as they ramp up efforts to secure their industrial supply chains amid geopolitical tensions between major powers.

By David Lawder WASHINGTON (Reuters) – France’s development minister said on Thursday she will tell the World Bank’s expected next president, Ajay Banga, to maintain the bank’s anti-poverty mission while forging ahead with next steps by October in its evolution to fight climate change and other

By Helen Coster (Reuters) – Jury selection in Dominion Voting Systems’ defamation lawsuit against Fox Corp. is expected to begin on Thursday, as the court seeks 12 Delaware residents from a heavily-Democratic county to decide whether Fox News knowingly aired false claims about vote rigging in

(Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power plants from Spain’s Iberdrola, Bloomberg News reported on Thursday citing people familiar with the talks.

WASHINGTON (Reuters) – Photoshop maker Adobe Inc has agreed to pay $3 million to settle U.S. kickback allegations involving federal software sales, the U.S. Justice Department said in a statement on Thursday.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, as they saw a buying opportunity at lower prices, S&P Global Market Intelligence said in a note on Thursday.

By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines on Thursday forecast higher-than-expected profit for the second quarter, citing “record” bookings for summer travel, including strong demand for international trips.

(Reuters) – Lucid Group Inc on Thursday reported March quarter production and delivery figures that were lower than the preceding December quarter.

By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country.

DUBLIN (Reuters) – Ireland’s data regulator has one month to make an order on blocking Facebook’s transatlantic data flows, European Union regulators said on Thursday.

By Foo Yun Chee BRUSSELS (Reuters) – A proposed data transfer pact with the United States to replace two previous agreements struck down by Europe’s top court does not contain sufficient safeguards to protect Europeans’ data, a key committee of EU lawmakers said on Thursday.

(Reuters) – Digital World Acquisition Corp, a blank-check firm that is set to merge with former U.S. President Donald Trump’s media and technology company, on Thursday named Katherine Chiles as its chief financial officer.

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks struggled on Thursday, dragged by selling in Hong Kong tech shares, while the dollar was under pressure and short-dated bonds were firm as softening U.S. inflation seemed to suggest the U.S. rate hike cycle was nearing its end.

(Reuters) – U.S. stock index futures rose on Thursday ahead of fresh economic data that could offer clues on the Federal Reserve’s monetary tightening plans, while investors also awaited bank earnings after turmoil in the sector last month.

By Andrea Shalal (Reuters) – Ukrainian Prime Minister Denys Shmyhal on Thursday welcomed the “continuous, ironclad and unprecedented support” of the United States as his country fights Russia’s invasion, and underscored Ukraine’s commitment to battling corruption.

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early trading on Thursday after rising for the previous two sessions as investors remained cautious due to lingering concerns over a U.S. recession and weaker oil demand.

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was on the back foot on Thursday after cooler-than-anticipated U.S. inflation data lifted risk sentiment and stoked expectations that the Federal Reserve will be done with its monetary tightening after hiking one last time next month.