US stocks edge higher ahead of holiday, crude tumbles
NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, while crude prices sl..
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Nvidia shares drop as China worries overshadow stellar forecast
(Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its thir..
Headlines
Dollar strengthens after U.S. labor, consumer sentiment data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after econom..
Headlines
Temu, Shein far lag Amazon as online holiday shopping ramps up
NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this ..
Headlines
FTSE 100 snaps two-day losing streak on Sage results
(Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage ..
Finance
Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval
(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discussi..
Technology
Euro zone’s shadow banks face risk of margin calls, ECB says
FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot mee..
News
DIY retailer Kingfisher cuts profit outlook again on weak French market
LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second ti..
News
Enel to invest 36 billion euros by 2026, be more selective on renewables
By Francesca Landini MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next..
Business
EU lawmakers urge COP28 climate summit to take aim at fossil fuels
BRUSSELS (Reuters) – The European Parliament called on Tuesday for a global deal at the U.N. COP28 climate summit to phase out f..
Business