Stocks, yields fall after data seen halting more Fed rate hikes
By Herbert Lash NEW YORK (Reuters) -A gauge of global stock performance slid on Thursday after U.S. jobless claims and…
Updated
PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said…
UAE’s Royal Group looking at opportunities in US market – chair
DUBAI (Reuters) – The chairman of Abu Dhabi-based conglomerate Royal Group, Sheikh Tahnoon bin Zayed Al Nahyan, said on Thursday…
U.N. urges halt to Sudan conflict as fighting rumbles on despite talks
KHARTOUM (Reuters) – The U.N. on Thursday urged countries with influence in Africa to help end the conflict in Sudan…
U.S. safety board investigating new Norfolk Southern derailment in Pennsylvania
By David Shepardson (Reuters) -The National Transportation Safety Board (NTSB) said on Thursday it is investigating the derailment of a…
Dollar stronger as market rethinks monetary policy outlook
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Thursday and set…
Why the US delayed China sanctions after shooting down a spy balloon
By Michael Martina WASHINGTON (Reuters) -When an alleged Chinese spy balloon traversed the United States in February, some U.S. officials…
Biden’s EPA proposes crackdown on power plant carbon emissions
By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Thursday unveiled a sweeping plan to slash greenhouse gas emissions from…
Oil falls 2% on weak US and Chinese economic data
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a one-week low on Thursday as a political…
HSBC, Scotiabank hit with US penalties over employees’ use of personal devices
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings Plc…