Oil rises nearly 2% on strong economic data but trade choppy
Oil prices rose nearly 2% on Monday in volatile trading, bouncing off multi-month lows touched last week, as positive economic data from China and the United States fed hopes for demand despite nagging fears of a recession.
Explainer: What to watch out for as talks on U.S.-China audit deal drag on
The list of Chinese companies facing delisting risks in New York in a long-running dispute over Chinese audits of their accounts continues to expand with the addition of three more on Friday after e-commerce giant Alibaba's July inclusion.
Twitter rejects Musk's claims that he was hoodwinked
Twitter Inc on Thursday dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company
Elon Musk's Twitter countersuit due by Friday as acrimony grows
Twitter Inc and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell the public about their dispute.
As party members decide, Truss has upper hand in contest to be Britain's new PM
Few members of the governing Conservative Party supported foreign secretary Liz Truss when the leadership contest began this month, but now there's a sense of inevitability that she will become Britain's next prime minister.
Prime Minister hopefuls feud over tax and spending plans
The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during which they tore into each other's tax and spending plans.
In final two, foreign minister Liz Truss burnishes her tough image
If it's not the pictures of her standing atop a tank in a nod to Conservative leader Margaret Thatcher, it's the meme-defining moment when she vented her anger over cheese imports into Britain that made Liz Truss something of a household name.
Rishi Sunak faces image and tax challenges in UK PM run-off
Rishi Sunak will claim credit for steering Britain's economy through the COVID-19 crash but must overcome accusations that he is too rich and too willing to raise taxes to win the race to be the next prime minister.
Race to become UK PM down to final two: Rishi Sunak and Liz Truss
Former finance minister Rishi Sunak and foreign secretary Liz Truss will battle it out to become Britain's next prime minister after they won the final lawmaker vote, setting up the last stage of the contest to replace Boris Johnson.
Asia tries to bounce, tense week ahead for EU
Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain rate hike in Europe and another round of corporate earnings reports.
Exclusive: Barclays seeks entry into China's $4.3 tln asset management market - sources
Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the matter said, as part of British lender's plans to expand its footprint in the world's second-largest economy.
Analysis: Bruised Investors Seek Shelter In U.S. Healthcare Stocks
Shares of U.S. healthcare companies are gaining favor as investors bank on their ability to weather rocky economic times and the stocks look more reasonably valued than other defensive sectors.
Column: Extreme Dollar A Wake-up Call For Earnings Outlook - Mike Dolan
The U.S. dollar's rampant surge may finally force corporate America to wake up to a brewing earnings recession.
Cellnex Withdraws Offer For Deutsche Telekom's $18 Billion Towers Unit
Spain's Cellnex said on Wednesday it was withdrawing its offer for a stake in Deutsche Telekom's towers business, paving the way for a competing bid from a consortium led by KKR to secure the estimated 18 billion euro ($18.02 billion) deal.
Why wages should keep up with inflation: the economic case for getting a pay rise
The basic idea is that the consistent ratcheting up of workers' pay to match inflation and cost of living increases leads to firms raising prices to protect their profit margins.
Europe On Edge As Nord Stream Russian Gas Link Enters Shutdown
The biggest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the shutdown might be extended because of the war in Ukraine.
Brutal First Half Puts Bonds In Line For Worst Year In Decades
If dramatic losses seen in the first half of 2022 are maintained over the coming months, U.S.
Goldman Sachs Partners With Derivative Path To Grow Transaction Banking
Goldman Sachs Group Inc said on Thursday it is launching a partnership with capital markets technology firm Derivative Path that opens the door to thousands of U.S.
Wall St Set To Extend Bounce As Inflation Fears Ease
U.S. stock index futures edged higher on Monday, setting up Wall Street to extend gains from the previous week after a slide in commodity prices eased worries of prolonged inflation.
Column-Upside Down World Of 'Reverse Currency Wars' Is Real :Mike Dolan
An upside down world of "reverse currency wars" is seeping into the real one.
Explainer-What's New With The Fed's Bank Stress Tests In 2022
The U.S. Federal Reserve will release the results of its annual bank health checks on Thursday.
Analysis: Global Investment Banking Faces Tougher Times After Blockbuster Year
A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue at global investment banks after pandemic spending by governments and central banks fueled a blockbuster 2021.
Analysis: China's metals traders offload stockpiles as bleak demand outlook bites
China's army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world's top manufacturer, heralding a potential warning sign for steel, aluminium and other key industrial commodities.
Asia stocks edge higher, dollar in the doldrums
The steadier market mood has seen the safe-haven dollar and yen decline, while the euro was boosted by hawkish comments from European Central Bank (ECB) officials who have been flagging a rate hike as early as July.
Asia stocks try to bounce, China data a risk
In cryptocurrencies, Bitcoin was last up 5.1% at $31,277, having touched its lowest since December 2020 last week
Barcelona challenges Real Madrid in battle to sign Mbappe
The Frenchman is believed to have already signed a pre-contract with Los Blancos
EU presses on with green label for gas, nuclear
Berlin and Paris were adamant that their chosen energy industries are fit to receive the Green label and the commission
Should we really worry about inflation?
A sign of the growing concern is that Google searches for the word "inflation" have hit their highest levels
Oil prices buoyed by soaring gas rates ahead of OPEC+ meet
The price of crude oil, which is subject to many other factors, has risen following the surge in gas prices, but not as sharply.
Jump in US inflation weighs on stocks, lifts dollar
The Fed has said repeatedly that stiff increases in consumer prices will be transitory, and so far the markets have largely accepted that argument.