The Biden administration is discussing the possible lifting of its ban on U.S. sales of offensive weapons to Saudi Arabia, but any final decision is expected to hinge on whether Riyadh makes progress toward ending the war in neighboring Yemen, according to four people familiar with the matter.
Sri Lanka's President Gotabaya Rajapaksa has informed Prime Minister Ranil Wickremesinghe that he will resign, the prime minister's office said on Monday, after tens of thousands of protesters stormed the official residences of both men.
Onshore bondholders of embattled property developer China Evergrande Group's main unit have rejected a proposal to postpone repayment of a 4.5 billion yuan ($671.04 million) bond, a securities filing made by the unit showed on Monday.
Copper prices fell on Monday, weighed down by a stronger U.S. dollar, rising COVID-19 cases in top consumer China and lingering concerns that rapid interest rate hikes would lead to a global economic slowdown.
The dollar climbed to a 24-year high on the yen on Monday after Japan's ruling conservative coalition's strong election showing indicated no change to loose monetary policies, and global growth fears helped the safe-haven dollar more broadly.
Oil prices fell around $1 on Monday in volatile trade, reversing some gains from the previous session, as worries about a recession and China's COVID-19 curbs hitting demand outweighed ongoing concerns about tight supply.
Rogers Communications complicated its chances of getting antitrust approval for a C$20 billion telecom merger after Friday's massive outage highlighted the perils of Canada's effective telecom monopoly and sparked a backlash against its industry dominance.
The Electric Reliability Council of Texas (ERCOT) on Sunday asked citizens and businesses to voluntarily conserve electricity on July 11 due to extremely hot weather driving record power demand across the state.
Japan's Nikkei index hit one-month high on Monday, after the country's coalition government boosted its majority in the upper house of parliament in an election on Sunday.
(RTTNews) - Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, as the dollar strengthened to its highest level in two years and China edged towards potential lockdowns after a surge in COVID-19 cases, which ignited concern
(RTTNews) - Indian shares may open on a cautious note Monday after TCS reported lower-than-expected profit and margin numbers, and upbeat U.S. jobs data suggested the inflation outlook could rise more quickly than officials had feared.
Vicor Corp (NASDAQ: VICR) stock price dropped 42% from $92 at 2020 end, to around $53 currently, primarily due to unfavorable changes in its P/S multiple. The company, in fact, witnessed a rise in revenue per share over this period, helped by rising sales and a drop in its outs
Halliburton stock (NYSE: HAL), an energy company organized into exploration, development, and production of oil and natural gas, has declined by 30% over the last twenty-one trading days (one month) and currently stands at around $29. The company’s stock traded lower as s
(RTTNews) - Link Administration Holdings Limited (LNK) on Monday rejected a A$4.57 per share revised buy-out proposal from Dye & Durham Limited (DND.TO).
Oil prices were unsteady on Monday, with Brent trading higher on supply concerns while West Texas Intermediate (WTI) dipped, as traders balanced supply concerns against worries about a recession or China's COVID-19 curbs hitting demand.
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank was closely watching the impact currency moves could have on the economy, warning of "very high uncertainty" on the outlook due to rising commodity prices.
Global distillate consumption has begun to decelerate in response to high prices and slowing manufacturing and freight activity, which should take some heat out of oil prices in the next few months.
India's fuel consumption in June rose by 17.9% from a year earlier, government data showed on Friday, as demand in the world's No.3 oil consumer headed back towards pre-pandemic levels.
Macau shut all its casinos for the first time in more than two years on Monday as authorities struggle to contain the worst coronavirus outbreak yet in the world's biggest gambling hub.
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