By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on a stronger dollar and signs of profit-taking after a rally in July when investors bet on tighter global supplies and demand growth in the second half of 2023. Brent crude futures for October settled at $84.91 a barrel on Tuesday, down 52 cents or 0.6%….
By Nate Raymond (Reuters) -A federal appeals court on Tuesday reinstated a law requiring that women in Guam meet with doctors in person before obtaining abortions, a restriction that has made terminating pregnancies in the U.S. territory difficult due to a lack of doctors. The San Francisco-based 9th U.S. Circuit Court of Appeals overturned a…
OTTAWA (Reuters) -Meta Platforms has begun the process to end access to news on Facebook and Instagram for all users in Canada, it said on Tuesday, in response to law requiring internet giants to pay news publishers. The Canadian government quickly denounced the move as “irresponsible,” and said the world is watching the process play…
By Viktoria Lakezina TYLIHUL ESTUARY, Ukraine (Reuters) – Kite surfers bounce along the gentle waves. A speedboat pulls children on an inflatable raft. Families soak up sunshine on a narrow beach. With most of Ukraine’s Black Sea Coast either occupied by Russian troops or in their line of fire, families seeking respite from life in…
By Herbert Lash NEW YORK (Reuters) – The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline in job openings last month to the lowest level in more than two years. While an ISM survey offered a tough assessment of U.S. manufacturing conditions,…
By Echo Wang (Reuters) – The S&P 500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies’ earnings reports later this week. U.S. stocks ended July on a strong footing, as investors welcomed better-than-expected earnings. Support also came from hopes of a soft…
By Nivedita Balu and Jaiveer Shekhawat (Reuters) -National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley Bank’s Canadian commercial loan portfolio, as the smallest of Canada’s top six lenders looks to expand its footprint in the tech sector and diversify its loan book. National Bank said…
(Reuters) – Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth, sending its shares up about 11% in extended trading. The company is benefiting from the launch of more flexible subscription plans. Its cheapest plans for smaller durations have…
By Lawrence Delevingne (Reuters) -Most global stocks dipped, while oil prices fell and Treasury yields climbed, as investors weighed declining factory activity in the euro zone and China with stabilizing U.S. manufacturing and job openings that signaled a still-tight labor market. On Wall Street, the Dow Jones Industrial Average rose 0.2%, to 35,630.55, while the…
By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) -The United States has formally invited China’s newly reappointed foreign minister, Wang Yi, to Washington, the U.S. State Department said on Tuesday, after Wang’s predecessor was abruptly removed from his post by Beijing. China reappointed veteran diplomat Wang last week, replacing former rising star Qin Gang, who…
