Oil Falls 2% As China Lockdowns Outweigh Proposed EU Russia Oil Ban
By Nia Williams (Reuters) -Oil slipped 2% on Tuesday as demand worries due to China’s prolonged COVID-19 lockdowns outweighed support…
May 3, 2022
Wall Street Sees Greater Risk Of Default By Major Banks
By Mehnaz Yasmin (Reuters) – The cost to insure bonds of Goldman Sachs, Morgan Stanley and Citigroup against default hit…
Amazon France Pay Deal Rejected By Unions On Last Day Of Talks
PARIS (Reuters) – Most unions at U.S. e-commerce giant Amazon’s French arm rejected the company’s 2022 pay proposal on the…
Gold Prices Gain Following A Pull-back In Yields, Dollar
By Ashitha Shivaprasad (Reuters) – Gold firmed on Tuesday, tracking a slight retreat in U.S. Treasury yields and dollar, while…
Exclusive-Nigeria Buys Emergency Canadian Potash To Replace Lost Russian Supply
By Julia Payne LAGOS (Reuters) -Nigeria had to buy emergency supplies of Canadian potash in April after the country was…
Exclusive-Germany’s SAP Hires Adviser For $1 Billion Litmos Software Sale -sources
By Emma-Victoria Farr and Krystal Hu LONDON (Reuters) -German software firm SAP is working with investment bank Moelis & Co…
UN: Obesity levels in Europe at ‘epidemic proportions’
LONDON (AP) — The World Health Organization says the rates of people who are obese and overweight in Europe have…
Oversold Candidates to Watch Post-Fed
Markets are under significant selling pressure. The Nasdaq entered bear market territory following its April swoon. Sentiment remains negative as…
Stocks Rise, U.S. Yields Slip As Markets Await Fed Rate Hike
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) – A gauge of global equity markets rose slightly on Tuesday…
Paramount Misses Quarterly Revenue Estimate, But Streaming Grows
By Eva Mathews and Helen Coster (Reuters) -Paramount Global reported forecast-missing quarterly revenue on Tuesday that sent its shares down…