Oil prices jump 3% on bigger-than-expected decline in US crude storage
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday as the second straight weekly draw from…
June 2023
Germany’s Scholz: Russian mutiny has weakened Putin but implications unclear
BERLIN (Reuters) -German Chancellor Olaf Scholz said on Wednesday the failed mutiny in Russia last weekend had weakened President Vladimir…
ECB’s Vasle: biased toward rate hike beyond July
By Balazs Koranyi SINTRA, Portugal (Reuters) – Euro zone inflation is so persistent that interest rate hikes beyond July may…
OPEC withholds media access to Reuters, Bloomberg, WSJ for July event
(Reuters) – OPEC has withheld media access to reporters from Reuters, Bloomberg and the Wall Street Journal to cover a…
General Mills forecasts dour profit as price hikes impact demand
By Savyata Mishra (Reuters) -General Mills on Wednesday forecast full-year profit largely below analysts’ estimates as price hikes to counter…
Bed Bath & Beyond splits auction, doubt grows over Buy Buy Baby sale process – CNBC
(Reuters) – Bed Bath & Beyond is splitting the bankruptcy-run auction of its Buy Buy Baby chain into two phases,…
Mercury Systems rebuffs former CEO’s unusual pay demand
By David Carnevali NEW YORK (Reuters) – U.S. military chip maker Mercury Systems Inc is locked in an unusual dispute…
Dollar strengthens after ECB conference, yen stays soft
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday following comments from a host of global…
Twin sisters among 11 killed in Russian attack on Ukraine’s Kramatorsk
By Max Hunder KRAMATORSK, Ukraine (Reuters) -Two 14-year-old twin sisters were among at least 11 people killed in a Russian…
FTX accuses ex-lawyer of aiding Bankman-Fried’s fraud, silencing whistleblowers
By Andrew Goudsward (Reuters) – Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding…