Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …
Reaction to China’s easing of COVID restrictions in major policy shift Read More »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain Read More »
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone …
Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest Read More »
Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …
Foxconn’s massive iPhone factory in China rocked by new worker unrest Read More »
Disney aware of Iger’s return as CEO S&P 500 energy index leads sector declines Grindr slips after blowing up in debut Tesla down on vehicle recall, China COVID concerns Dow up 0.01%, S&P 500 down 0.34%, Nasdaq down 1.05% Nov 21 (Reuters) – Wall Street’s major indexes started the week roughly lower on China, saying …
China COVID cases weigh on Wall St; Disney jumps Read More »
Stocks rise as investors assess Fed rate moves in 2023 Treasury yields rise on tougher talks with the Fed Treasury Yield Curve Inversions Point to Recession Oil slides on rate hike, Chinese growth concerns NEW YORK/LONDON, Nov 18 (Reuters) – Global stocks edged higher and a key part of the Treasury yield curve inverted further …
Global stocks gain on hopes recession warning will force Fed’s hand Read More »
BENGALURU, Nov 18 (Reuters) – The Federal Reserve will downgrade in December to propose a 50 basis point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a higher policy rate peak are the biggest risks to the current outlook. U.S. consumer price inflation unexpectedly fell …
The Fed will raise rates by 50 basis points, but the key rate could be higher Read More »
Trials show small benefit, but without statistical validity Roche setback leaves Biogen and Eisai as leaders in the field It’s up to Roche’s CEO-designate to revive development fortunes Roche shares down 3.4%, its development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s (ROG.S) drug candidate for Alzheimer’s disease has not been shown to slow …
Roche’s Alzheimer’s drug fails in long-awaited trial Read More »
