Oil Falls On Beijing’s COVID-19 Warning, Inflation Worries
By Alex Lawler LONDON (Reuters) – Oil dropped almost $1 a barrel on Monday as a flare-up in COVID-19 cases…
Reuters
WTO Chief Warns Of Rocky Road To Deals Amid ‘polycrisis’
(This June 12 story officially corrects Russian delegate’s name in paragraph 4 after WTO mistake) By Philip Blenkinsop and Emma…
Inflation Fears Grip Markets As Bonds, Stocks Extend Selloff
By Saikat Chatterjee LONDON (Reuters) – Global government bonds extended a bruising selloff on Monday and the dollar resumed its…
ECB’s Kazimir: We Need To Raise Rates By 50 Bps In September
(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points…
Amazon Offers More Access To Rivals To Avert Any EU Antitrust Fine, Sources Say
BRUSSELS (Reuters) – Amazon has offered to limit its use of seller data and boost the visibility of rival products…
Striking S.Korean Truckers Say They May Block Coal To Power Plant
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) -Striking South Korean truckers are considering blocking shipments of coal to a…
Major Crypto Lender Celsius Freezes Withdrawals As Markets Tumble
By Tom Wilson, Alun John and Abinaya V LONDON (Reuters) -Major U.S. cryptocurrency lending company Celsius Network on Monday froze…
Nasdaq Futures Tumble 3% On Aggressive Rate Hike Bets
(Reuters) – Futures tracking the tech-heavy Nasdaq tumbled nearly 3% on Monday as a widely watched part of the Treasury…
Euro Zone To Avoid Recession, Growth To Accelerate In Q3 – ECB Survey
FRANKFURT (Reuters) – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out…
South Korea Inc Under Mounting Stress As Truckers Strike For A Seventh Day
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) – A strike by South Korean truckers has cost key industrial sectors…