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Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
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Japanese yen surges against dollar on possible intervention
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G7 ministers to agree coal plants shutdown by 2030-2035, UK says
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German inflation creeps up to 2.4% in April
Oil prices steady on Hamas ceasefire talks
Date: April 29, 2024
Oil prices steady on Hamas ceasefire talks By Deep Kaushik Vakil (Reuters) – Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears of a wider conflict in the Middle East, while U.S. inflation data dimmed the prospects of interest rate cuts anytime soon. Brent crude futures for June, which...
Domino’s Pizza beats sales expectations as orders thrive
Date: April 29, 2024
Domino’s Pizza beats sales expectations as orders thrive (Reuters) -Domino’s Pizza topped Wall Street expectations for first-quarter same-store sales on Monday, as consumers in the United States tapped into the pizza chain’s spruced-up loyalty program and other promotional offerings. Shares of the company rose 4.5% in premarket trading, after it also edged past expectations for...
Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal
Date: April 29, 2024
Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal BERLIN (Reuters) – The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday. Mercedes-Benz cooperated fully with the DOJ, Renata Jungo Bruengger, board member for integrity,...
Analysis-Second global AI safety summit faces tough questions, lower turnout
Date: April 29, 2024
Analysis-Second global AI safety summit faces tough questions, lower turnout By Martin Coulter LONDON (Reuters) – Last year, a who’s who of world leaders, corporate executives and academic experts gathered at Britain’s Bletchley Park for the world’s first global AI Safety Summit, hoping to reach consensus on the regulation of a technology some warned posed...
FTSE 100 continues record run, Darktrace rallies on buyout deal
Date: April 26, 2024
FTSE 100 continues record run, Darktrace rallies on buyout deal By Pranav Kashyap and Sruthi Shankar (Reuters) -Britain’s FTSE 100 rose to another record high on Friday as strong earnings from U.S. tech giants buoyed investor sentiment, while cybersecurity firm Darktrace rallied following a buyout deal by private equity firm Thoma Bravo. The blue-chip FTSE...
Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low
Date: April 26, 2024
Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan’s yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy...