(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index retreated on Tuesday after a host of economic data releases indicated the U.S. economy remains resilient and may not be close to a recession, while the euro strengthened after comments from European Central…
By Abhirup Roy and Akash Sriram (Reuters) – Amazon.com Inc’s self-driving vehicle unit Zoox has grown its headcount by about 16% at a time when access to capital is tight and other large companies have exited the autonomous driving sector. Amazon’s shares were 1.2% higher at $128.84 in early afternoon trading. Based in California, Zoox,…
By Farouq Suleiman LONDON (Reuters) – A portrait of an unnamed woman by Austrian artist Gustav Klimt sold for 85.3 million pounds ($108.4 million) on Tuesday, setting a new record price for any work of art sold at an auction in Europe, London-based auction house Sotheby’s said. The painting, which had been given a guide…
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The United States took aim at Russia’s Wagner Group and imposed sanctions on Tuesday on companies it accused of engaging in illicit gold dealings to fund the mercenary force. The U.S. Treasury Department in a statement said it slapped sanctions on four companies in the United…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors’ risk appetite. All three major U.S. stock indexes closed well into positive territory, with tech-related megacaps – particularly those involved in a nascent AI frenzy…
By Martin Quin Pollard and Yew Lun Tian BEIJING (Reuters) – As news broke on Saturday that mercenary Wagner troops were careering towards Moscow in a short-lived rebellion, several businessmen from southern China began frantically calling factories to halt shipments of goods destined for Russia. While the mutiny – the biggest test of Russian President…
By Gabriel Araujo SAO PAULO (Reuters) -Investors were left disappointed by weaker-than-expected order numbers for Brazil’s Embraer at the world’s largest airshow last week, though some analysts were heartened by a bid from China and interest in Embraer’s electric aircraft unit. The world’s third-largest aircraft maker after Airbus and Boeing, Embraer bagged 13 fresh orders…
By Alexandra Ulmer and Marianna Parraga (Reuters) – A Russian oil firm is asking Venezuela’s state-run company PDVSA for permission to take control of exports from their joint ventures to revive cash flow from the five companies, which have been hard-hit by U.S. sanctions, two people involved in the talks said. Roszarubezhneft – a state-owned…
By Daria Sito-Sucic SARAJEVO (Reuters) – Lawmakers in Bosnia’s autonomous Serb Republic voted on Tuesday to suspend rulings by Bosnia’s constitutional court, a move described by experts as a “legal secession” that is set to deepen political divisions in the volatile Balkan country. The region’s separatist pro-Russian President Milorad Dodik, who has long criticised the…
By Tommy Wilkes LONDON (Reuters) – U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt investment decisions as much as peers in Europe, according to a survey released on Tuesday, despite the Republican campaign against climate-focused investing in the United States. Nearly a third of North American fixed income managers…
