European stocks slide, oil rallies, traders await US jobs data

European stocks slide, oil rallies, traders await US jobs data

LONDON, Aug 5 (Reuters) – European stocks fell slightly on Friday but were still poised for a weekly gain as traders waited for U.S. jobs data later in the session to give hints on the health of the world’s largest economy. The MSCI Global Equity Index, which tracks stocks from 47 countries, rose 0.2% and … Read more

Oil falls with dollar on fears of recession; Wall Street ends mixed

Oil falls with dollar on fears of recession;  Wall Street ends mixed

Oil hits pre-Ukraine lows as demand outlook deteriorates The Bank of England expects a recession throughout 2023 Treasury Yield Curve Inversion Deepens The dollar falls; the pound sterling slips against the euro OTTAWA, Aug 4 (Reuters) – Crude oil sank along with Treasury yields and the dollar on Thursday as recession worries intensified following the … Read more

Oil tumble on demand fears, supply tightness offers floor

Oil tumble on demand fears, supply tightness offers floor

FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more

Asian stocks slide with US yields on Pelosi jitters; Aussie drops

Asian stocks slide with US yields on Pelosi jitters;  Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, Aug … Read more

Stephen King to fight for US government in case against book publishing mega-merger

Stephen King to fight for US government in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department on Monday asked a federal judge to block a $2.2 billion merger between two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster , in a trial that is expected to feature testimony from horror writer Stephen King. “This is real money … Read more

HSBC hangs up on Ping An break call, lifts payment and profit target

HSBC hangs up on Ping An break call, lifts payment and profit target

HSBC will return to paying quarterly dividends from 2023 Aims to attract investors with a higher profitability target Splitting up Asian companies carries huge risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) has rejected major shareholder Ping An Insurance Group Co of China’s (601318.SS) proposal to split the lender, a move … Read more

‘Living with COVID’: where the pandemic could go next

‘Living with COVID’: where the pandemic could go next

LONDON/CHICAGO, Aug 1 (Reuters) – As the third winter of the coronavirus pandemic looms in the northern hemisphere, scientists are warning weary governments and populations to prepare for more waves of COVID-19. In the United States alone, there could be up to a million infections a day this winter, Chris Murray, director of the Institute … Read more

Oil drops as weak demand from Chinese factory data fans worry

Oil drops as weak demand from Chinese factory data fans worry

SINGAPORE, Aug 1 (Reuters) – Oil prices tumbled on Monday as weak manufacturing data from China and Japan for July weighed on demand prospects as investors braced for this week’s meeting. officials from OPEC and other major producers on supply adjustments. Brent crude futures were down $1.19, or 1.1%, at $102.78 a barrel at 0212 … Read more

Spain reports second monkeypox death

Spain reports second monkeypox death

Barcelona, ​​Spain — Spain reported a second death in as many days from monkeypox on Saturday. These are believed to be the first confirmed deaths from the disease in Europe since its recent spread beyond Africa. The Madrid-based ministry said the two victims were young men. It reported its first death on Friday, the same … Read more

In race for monkeypox vaccines, experts see repeat of COVID

In race for monkeypox vaccines, experts see repeat of COVID

LONDON (AP) — Steps by wealthy countries to buy large quantities of monkeypox vaccine, while refusing to share doses with Africa, could leave millions unprotected from a more dangerous version. of the disease and risk continuing to spread the virus to humans, public health officials warn. Critics fear a repeat of catastrophic inequality issues seen … Read more