Tag: Updated

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked to the next round of data on inflation and consumer health for clues on the...

By Granth Vanaik and Anuja Bharat Mistry (Reuters) -Dollar Tree missed market expectations for holiday-quarter sales and profit on Wednesday and laid out plans to shutter 970 of its Family Dollar stores, as the retailer looks to revamp the struggling...

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. gasoline stocks and potential supply disruptions after Ukrainian attacks on...

By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -The International Monetary Fund (IMF) will hold a second and last review of Pakistan’s $3 billion stand-by arrangement (SBA) this week, the finance ministry and the IMF said on Wednesday, during which...

By Guy Faulconbridge and Lidia Kelly MOSCOW (Reuters) – Ukraine struck Russian oil refineries in a second day of heavy drone attacks on Wednesday, causing a fire at Rosneft’s biggest refinery in one of the most serious attacks against Russia’...

BERLIN (Reuters) – Elon Musk on Wednesday visited Tesla’s European gigafactory in Gruenheide, Germany, where operations had resumed after an arson attack on a nearby electricity pylon last week led to a costly power outage that halted production. T...

(Reuters) -The U.S. Food and Drug Administration’s staff on Wednesday raised concerns that it was unclear if Johnson & Johnson and Bristol Myers Squibb’s cancer cell therapies would benefit blood cancer patients when given as early treatments. ...

(Reuters) -Wells Fargo on Wednesday joined major banks such as Morgan Stanley, Goldman Sachs and UBS Wealth Management in forecasting the first rate cut from the U.S. Federal Reserve in June. Wells Fargo, which had previously expected the cut in...