European shares struggle ahead of US jobs data

European shares struggle ahead of US jobs data

LONDON, July 8 (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key US jobs data later in the session. Investor sentiment had been positive earlier in the session, which analysts said … Read more

Crypto lender Voyager Digital files for bankruptcy

Crypto lender Voyager Digital files for bankruptcy

Stephen Ehrlich, CEO and Co-Founder Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, US, June 8, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register July 6 (Reuters) – US crypto lender Voyager Digital (VOYG.TO) said on Wednesday it had filed for bankruptcy, … Read more

Explainer: US yield curve inverts again: What is it telling us?

Explainer: US yield curve inverts again: What is it telling us?

US dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 5 (Reuters) – A closely watched part of the US Treasury yield curve inverted again on Tuesday, as investors continue to price in the … Read more

Airline SAS files for US bankruptcy protection as strike grounds flights

Airline SAS files for US bankruptcy protection as strike grounds flights

Airline files for Chapter 11 in the United States Filing comes after pilot strike began on Monday Strike grounding roughly half of airline’s flights STOCKHOLM, July 5 (Reuters) – Scandinavian airline SAS (SAS.ST) has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, warning strike action by pilots … Read more

Cryptoverse: The bonfire of the NFTs

Cryptoverse: The bonfire of the NFTs

July 5 (Reuters) – The NFT dream isn’t dead, but it’s taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping up prices and profits. Now, six months into 2022, it’s looking ugly. Monthly sales volume on the largest NFT marketplace, OpenSea, … Read more

Inflation at 24-yr high adds to strains in South Korea’s economy

Inflation at 24-yr high adds to strains in South Korea's economy

A woman wearing a protective mask is seen at a fish market amid the coronavirus disease (COVID-19) outbreak continues in Seoul, South Korea April 5, 2020 REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since … Read more

Second half starts with fresh swings for stocks

Second half starts with fresh swings for stocks

World stocks struggle after biggest fall in index history Euro zone inflation hits fresh record high Dollar rises against Aussie, kiwi 10-year Treasury yield holds below 3% China markets steady in a sea of ​​red in Asia LONDON, July 1 (Reuters) – The second half of the year started with more volatility for global stocks … Read more

GM calls off plan to sell India car plant to China’s Great Wall

GM calls off plan to sell India car plant to China's Great Wall

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, US, March 16, 2021. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI/SHANGHAI, July 1 (Reuters) – General Motors (GM) (GM.N) said on Friday it had called off the sale of a shuttered … Read more

Stocks, oil higher than China relaxes quarantine rules

Stocks, oil higher than China relaxes quarantine rules

LONDON, June 28 (Reuters) – Global shares were higher on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travelers by half in a major easing of one … Read more

Cryptoverse: Ether holds its breath for the lean, mean ‘merge’

Crypto industry fears contagion as bitcoin slips under $20,000

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. … Read more