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Gas crisis sends euro back below parity against dollar

Gas crisis sends euro back below parity against dollar

Euro under pressure as Russia halts gas supplies Yuan dips to nearly 2-year low as PBOC eases policy again LONDON, Aug 22 (Reuters) – The euro briefly slipped below parity against a robust dollar on Monday and languished at its five-week low, weighed down by concerns that a three-day shutdown of European gas supplies later …

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Morning bid: heading for recession

Morning bid: heading for recession

An employee completes a sales display at a Naturalia organic food supermarket operated by Casino Group, following the outbreak of the coronavirus disease (COVID-19), in Bretigny-sur-Orge, near Paris, France, July 30 2020. REUTERS/ Benoitt Tessier Register now for FREE unlimited access to Reuters.com Register A Day ahead of Anshuman Daga’s European and Global Markets Will …

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Oil slumps on fear of economic slowdown, stronger dollar

Oil slumps on fear of economic slowdown, stronger dollar

Oil pump jacks are seen at the Vaca Muerta shale oil and gas storage facility in the Patagonian province of Neuquen, Argentina, Jan. 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register Dollar hits 5 weeks high after aggressive Fed comments on Jackson Hole China’s Sichuan extends power bands on heat …

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Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

A resident buys food at a local market, in downtown San Francisco, California, US, July 13, 2022. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug. 22 (Reuters) – The US Federal Reserve is set to raise interest rates by 50 basis points in September amid expectations that inflation has …

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Morning bid: China is calming down again, Jackson Hole looms

Morning bid: China is calming down again, Jackson Hole looms

People pass an electronic screen displaying Japan’s Nikkei stock price index in a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Aug 22 (Reuters) – A look at Jamie McGeever’s day ahead in Asian markets Business and macro agendas in Asia are remarkably light …

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US wants airlines to offer more assistance to stranded, delayed passengers

US wants airlines to offer more assistance to stranded, delayed passengers

WASHINGTON, Aug. 19 (Reuters) – Transportation Secretary Pete Buttigieg has urged the 10 largest US airlines to do more to help stranded and delayed passengers. Buttigieg, who is under pressure from US lawmakers to want airlines to provide better service or face hefty fines, has clashed with major US carriers over who is responsible for …

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Musk approaches brain chip startup Synchron over deal amid Neuralink delays

Musk approaches brain chip startup Synchron over deal amid Neuralink delays

Tesla CEO Elon Musk watches as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussia Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Elon Musk has announced brain chip implant developer Synchron Inc. approached about a potential investment as his own …

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Ryan Cohen's $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

Ryan Cohen’s $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, US, Jan. 29, 2021. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Investors flooded social media platforms like Reddit on Friday criticizing Ryan Cohen’s sale of his stake in Bed Bath & Beyond Inc (BBBY.O), …

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US seeks information from Tesla about camera in car in Autopilot probe

US seeks information from Tesla about camera in car in Autopilot probe

WASHINGTON, Aug. 18 (Reuters) – U.S. auto safety regulators on Thursday asked Tesla Inc (TSLA.O) to answer questions about the in-car camera intended to monitor driver consciousness as part of an investigation into 830,000 Tesla vehicles using advanced driver assistance system called Autopilot. The National Highway Traffic Safety Administration (NHTSA) is assessing Autopilot’s performance after …

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Wall St ends higher, Cisco Systems jumps after forecast

Wall St ends higher, Cisco Systems jumps after forecast

Investors Still Judging Wednesday’s Fed Minutes Kohl’s slashes 2022 predictions Indices: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK, Aug. 18 (Reuters) – US stocks closed higher on Thursday as an optimistic sales forecast from Cisco Systems helped lift the technology sector, while data showed the economy remained relatively strong. Investors …

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