(RTTNews) - European stocks fell on Thursday to extend losses from the previous session, as Federal Reserve chair Jerome Powell acknowledged the possibility of a recession and data showed business activity in the eurozone slid to its lowest level in 16 months in June.
Electric vehicle start-up Rivian Automotive (NASDAQ: RIVN) came public with a lot of fanfare in late 2021, soaring to a market valuation above $120 billion shortly after its IPO. However, the stock has since cratered by more than 80% from its peak. It seems clear that electric ve
Gold prices fell on Thursday, weighed down by a stronger dollar and remarks from U.S. Federal Reserve Chair Jerome Powell about the central bank's commitment to tame price pressures.
Sterling trimmed some of its declines versus the euro and the dollar on Thursday after better-than-expected UK PMI numbers for June, but the pound remained vulnerable to political risks and recession fears.
This has been one of the most challenging years on record for Wall Street and the investing community. Since all three major U.S. indexes hit their all-time closing highs, the Dow Jones Industrial Average, S&P 500, and growth-dependent Nasdaq Composite have respectively tumbl
The Indonesian rupiah held steady on Thursday after the country's central bank left interest rates at a record low, while the Philippine peso hovered near its lowest level in 16-1/2 years following a 25-basis-point rate hike.
(RTTNews) - The Indonesia stock market on Wednesday ended the two-day winning streak in which it had gathered almost 110 points or 1.7 percent. The Jakarta Composite Index now rests just beneath the 6,985-point plateau and it may be stuck in neutral again on Thursday.
ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuels as part of its Singapore Resid Upgrade Project, the company said on Wednesday.
Australian equities climbed on Thursday after closing slightly lower in the previous session, as gains in financial and tech stocks outweighed losses in mining and energy shares.
(RTTNews) - NRx Pharmaceuticals Inc. (NRXP) said Wednesday that on June 13, 2022, the plaintiffs in the securities class action lawsuit captioned "Dal Bosco v. NRx Pharmaceuticals, Inc. et al." filed a notice in the U.S. District Court for the District of Delaware voluntarily dis
(RTTNews) - Seqirus, a business of CSL Limited (CSL.AX, CMXHF.PK), said that the U.S. Centers for Disease Control and Prevention's (CDC) Advisory Committee on Immunization Practices (ACIP) recommended adults 65 years of age and older receive an enhanced flu vaccine, such as Fluad
(RTTNews) - The Australian stock market is modestly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 6,500 level, despite the broadly negative cues overnight from the global markets, with gains in technology and fi
Gold prices were a touch lower on Thursday, with some support from a weaker dollar and U.S. Treasury yields, after the Federal Reserve's head said the central bank was fully committed to reining in inflation, and would try not to spark a recession in the process.
(RTTNews) - The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had advanced almost 825 points or 3.9 percent. The Hang Seng Index now rests just above the 21,000-point plateau and now it's got an uninspired lead for Thursday's trade.
Mainland China reported 135 new coronavirus cases for June 22, of which 48 were symptomatic and 87 were asymptomatic, the National Health Commission said on Thursday.
(RTTNews) - The China stock market has finished lower in three straight sessions, sinking more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,265-point plateau and it may extend its losses on Thursday.
Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian crude, Refinitiv Eikon data showed and sources said.
Available zinc inventories in registered warehouses of the London Metal Exchange (LME) more than halved this week, but supplies could be replenished from China, where stocks have been rising, analysts said.
India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.