Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment
Wall Street indices slipped on Friday as big tech names lost steam, dragging the broader market down. The S&P 500…
Oil prices under pressure as oversupply looms; may fall further if China stockpiling slows
Oil prices are once again under moderate pressure, primarily due to the continued increase in global oil production easing earlier…
Commodity wrap: gold rises on rate cut bets, oil set for weekly loss
Most non-agricultural commodities rose on the last day of the week with gold consolidating above the crucial mark of $4,000-per-ounce. …
Europe bulletin: Russian threat warning, Denmark’s teen social ban, FTSE slump
A top German general is sounding the alarm, warning that Russia could launch a limited strike on NATO territory at…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
India’s sugar industry pushes for double export quota amid ethanol diversion shortfall
India’s sugar industry is urging the government to double the sugar export allocation to 2 million metric tons for the…
Google quadruples down on Amazon reforestation with top Brazilian carbon supplier startup
In its largest carbon removal commitment to date, Google has partnered with Brazilian startup Mombak to finance the restoration of…
US job cuts soar as AI and rising costs reshape the workforce
US companies are cutting jobs at the fastest pace in over two decades, with artificial intelligence and cost pressures triggering…
Snap stock surges over 20% on strong earnings, $400M Perplexity AI partnership
Visual messaging app Snapchat’s owner Snap saw its shares soaring by more than 20% during pre-market trading on Thursday after…
BoE leaves rates unchanged amid split vote ahead of the budget
The Bank of England on Thursday decided to keep its benchmark interest rate unchanged at 4%, marking the first pause…