Stocks News
- Reuters
By Matthias Williams and John O’Donnell LONDON/FRANKFURT (Reuters) – Ukrainian forces are finding a growing number of components from China in Russian weapons used in Ukraine, a senior adviser in President Volodymyr Zelenskiy’s office told Reuters, as Western supplies are squeezed by sanctions.
- Reuters
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) – Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response.
- Reuters
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.
- Reuters
SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave amid surging demand and tight supply for the metal anchoring the green energy transition.
- Reuters
By Julie Steenhuysen and Michael Erman (Reuters) – An experimental mRNA vaccine developed by Moderna Inc combined with Merck & Co’s blockbuster immunotherapy Keytruda cut the risk of death or recurrence of the most deadly skin cancer by 44% compared Keytruda alone, U.S. researchers reported at
- Reuters
By Steven Scheer JERUSALEM (Reuters) – Israeli Finance Minister Bezalel Smotrich on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and that the government’s plan to overhaul the judiciary would help the economy.
- Reuters
(Reuters) – Amazon.com’s voice assistant Alexa was down for thousands of users in the United States on Sunday, according to outage-tracking website Downdetector.com.
- Reuters
SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company’s upcoming models.
- Reuters
By Lisa Richwine LOS ANGELES (Reuters) – Hollywood television and movie writers wrap up a critical vote this week as they push media companies to raise their pay or face a strike that would disrupt an industry recovering from the pandemic and under pressure to make
- Reuters
By Essi Lehto HELSINKI (Reuters) – Finland’s much-delayed Olkiluoto 3 (OL3) nuclear reactor, Europe’s largest, will begin regular output on Sunday, its operator said on Saturday, boosting energy security in a region to which Russia has cut gas and power supplies.
- Reuters
(Reuters) – A train carrying potentially hazardous materials derailed and caught on fire Saturday in a village in United States’ central Maine, CNN reported citing officials.
- Reuters
MOSCOW (Reuters) – Belarusian furniture company Swed House, which sells items intended to look like those made by Swedish giant IKEA, opened its first store in Moscow on Saturday to a mixed initial reaction from consumers.
- Reuters
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said banks are likely to tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve rate hikes, according to a CNN interview transcript released on Saturday.
- Reuters
By Chiara Elisei LONDON (Reuters) – Some holders of bonds issued by French food retailer Casino are working with financial adviser Perella Weinberg Partners to push for better terms should the company’s planned tie-up with smaller food firm Teract proceed, three sources familiar with the matter
- Reuters
(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan’s Sega Sammy Holdings Inc over a possible tender offer.
- Reuters
By Valentina Za and Giulio Piovaccari MILAN (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari’s classic car division. It was either her or the car.
- Reuters
By John Revill and Noele Illien ZURICH/BERN (Reuters) – Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS and Credit Suisse, sidelining the country’s parliament.
- Reuters
NEW YORK (Reuters) – Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French bank of violating antitrust law by conspiring with rivals to rig Euribor, a key European interest rate benchmark.
- Reuters
By Hannah Lang, Chris Prentice and Ann Saphir
- Reuters
NEW YORK (Reuters) – With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase & Co and other banks, estimates for the first quarter have improved slightly from a week ago, according to Refinitiv data released Friday.