The Market Recovery Snapped
Markets began a potential bottoming process on May 12. Support levels started to form in a sideways consolidating pattern. The…
May 2022
Tata Steel Says India Export Tax Could Alter Output Targets
By Aditya Kalra DAVOS, Switzerland (Reuters) – India’s Tata Steel is concerned New Delhi’s sudden decision to impose an export…
Shareholders Back Shell’s Climate Strategy After Raucous Meeting
By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Shareholders backed Shell’s climate strategy in a meeting on Tuesday that…
Wall St Plunges As Snap’s Bleak Forecast Sparks Selloff
By Devik Jain and Anisha Sircar (Reuters) – Wall Street’s main indexes fell on Tuesday, with the tech-heavy Nasdaq leading…
Report: Dramatic rise in pesticides in EU fruits, vegetables
BRUSSELS (AP) — The contamination of fruits and vegetables produced in the European Union by the most toxic pesticides has…
U.S. Bank Profits Dip As Loan Loss Provisions Jump In Response To Global Uncertainty – FDIC
By Pete Schroeder WASHINGTON (Reuters) – U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion,…
Social media hammered by mounting questions over advertising
Social media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover…
EU Proposes To Make Seizing Assets Easier, Including Of Sanctioned Oligarchs -document
By Francesco Guarascio and Jan Strupczewski BRUSSELS (Reuters) – The European Commission wants to make it easier to confiscate assets…
Best Buy lowers outlook as Q1 results show inflation’s bite
NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on spending, while higher costs…
Kremlin critic Browder urges squeeze on oligarchs’ enablers
DAVOS, Switzerland (AP) — Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled…