By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks rose on Thursday and Treasury yields edged lower as investors leaned toward bets that the U.S. Federal Reserve is likely to abstain from raising interest rates next week. This view was bolstered by Thursday’s data showing the number of Americans filing new…
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal. Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for…
By Chuck Mikolajczak NEW YORK (Reuters) -S&P 500 advanced on Thursday, putting the benchmark index up 20% from its Oct. 12 closing low and heralding the start of a new bull market, at least by the definition of some market participants. Part of the uncertainty is that there is no set definition of a bull…
WASHINGTON/LONDON (Reuters) – Britain and the United States backed a new “Atlantic Declaration” on Thursday for greater cooperation on pressing economic challenges in areas like clean energy, critical minerals and artificial intelligence. The joint declaration described the partnership as the “first of its kind” in covering the broad spectrum of the two countries’ economic, technological,…
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last year’s bear market and mushrooming appetite for high-yielding U.S. government bonds, data from the Federal Reserve on Thursday showed. Household net worth rose by more…
WASHINGTON (Reuters) -The White House on Thursday denied a report that the United States and Iran were nearing an interim deal under which Iran would curb its nuclear program in return for sanctions relief. “This report is false and misleading,” said a spokesperson for the White House National Security Council, referring to an article on…
KHARTOUM (Reuters) – Residents of Sudan’s South Kordofan State reported mobilisation by a large rebel force on Thursday, raising fear that internal conflict could spread in the country’s southern regions. The rebel force, the SPLM-N, is led by Abdelaziz al-Hilu, and is estimated to contain tens of thousands of men as well as heavy weaponry….
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets. U.S. regulators suing crypto platforms Coinbase and Binance, along with last…
(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $13.4 billion acquisition of regional lender First Horizon. Masrani’s comments come after TD last month called off the deal citing lack of clarity on…
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar with the matter said on Thursday. The deal, whose terms…
