by Reuters | Feb 26, 2021 | Business, Economy, Europe, UK, US
By Herbert Lash NEW YORK (Reuters) – The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive. Shares of...
by Reuters | Feb 26, 2021 | Business, Economy, Europe, Middle East, Politics, US
LONDON (Reuters) – Saudi Arabia’s 2060 Eurobond edged higher on Friday after Crown Prince Mohammed bin Salman was spared U.S. sanctions over the 2018 killing of journalist Jamal Khashoggi. The April 2060 sovereign issue was up more than 0.5 cent, with some...
by Reuters | Feb 26, 2021 | Asia, Business, Economy, Politics, US
(Reuters) – The New York Stock Exchange on Friday decided to begin formal delisting of Chinese state oil giant CNOOC Ltd based on an executive order signed by former U.S. President Donald Trump in November last year. The Trump administration moved to prohibit...
by Reuters | Feb 26, 2021 | Business, Economy, Environment, Politics, US
By Gary McWilliams HOUSTON (Reuters) – Retail power marketers in Texas are appealing multi-million dollar bills from last week’s blackout that they say could cripple them and unravel Texas’ nearly two-decade-old experiment as the most deregulated...
by Reuters | Feb 26, 2021 | Business, Economy, US
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The tech-heavy Nasdaq index rallied in choppy trading on Friday, even as sentiment remained fragile after the index’s worst performance in four months the day before as fears of rising inflation kept U.S....
by Reuters | Feb 26, 2021 | Business, Economy, Latin America
By Tatiana Bautzer SAO PAULO (Reuters) – Shares in state-controlled Banco do Brasil SA were down more than 5% in late afternoon trading on Friday, as Brazilian media reported that Chief Executive André Brandao may quit. Brazilian newspapers O Estado de S. Paulo,...
