Monthly Archives: June, 2022
Explainer: Russia walks the plank to a foreign bond default
FRANKFURT, June 3 (Reuters) - Russia's failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country...
Energy & Precious Metals – Weekly Review and Outlook
The U.S. job market isn’t giving up easily, meaning its ‘shadow’ — the oil market — won’t either. With neither slowing significantly, good luck...
Telecom Italia aims to maximise value, cut debt in break-up plan, CEO says
TRENTO, Italy (Reuters) -Telecom Italia's (TIM) will pursue a plan to split its landline network from its service operations to maximise asset value for...
Canada’s move to bulk up antitrust muscle may miss root of problem
TORONTO (Reuters) - Waves of industry consolidation over the decades have resulted in fewer choices for customers from telecoms to banking, with Canadians paying...
U.S. stock market rebound faces key inflation test
NEW YORK (Reuters) -A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer...
Erdogan says May figures show inflation is on downward trend
ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Sunday that inflation figures from the month of May, when annual consumer prices jumped to...
Amgen drug extends survival in some inoperable colon cancers
The following are summaries of some of the cancer research advances being presented the annual meeting of the American Society of Clinical Oncology (ASCO)...
Musk backtracks on job cuts, says Tesla salaried staff to be ‘fairly flat’
Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but...
UK says it will work with aviation industry to solve travel chaos
British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos...
GUSH, LABD and CWEB among premarket gainers
Gainers: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares ETF (GUSH) +14%.Direxion Daily CSI China Internet Index Bull 2x Shares...
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC's modest production boost that seems unlikely...
Bioengineered human heart developer Biolife4D files for $17M IPO
Biolife4D (SAVU), which is developing bioengineered human hearts for research and possible transplantation, has filed to hold a $17.3M initial public offering. The biotech company’s...
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