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Oil rises on slim progress in Gaza peace talks, weaker dollar
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Britain extends tariff-free trade with Ukraine to 2029
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UK’s Labour to back out of 28 billion stg green pledge -BBC
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OpenAI developing software that operates devices, automates tasks – The Information
Dollar slips as market awaits data for direction
Date: February 7, 2024
Dollar slips as market awaits data for direction By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar slid further on Wednesday as it consolidates a bounce in recent days from surprisingly strong U.S. economic data and pushback from Federal Reserve officials on market expectations of imminent interest rate cuts. The dollar eased...
Equinor trims cash payouts, share price drops 7%
Date: February 7, 2024
Equinor trims cash payouts, share price drops 7% By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by $3 billion, sending its shares down 7% even after it posted a slightly smaller-than-expected drop in operating profit for the final quarter...
Global stocks hit two-year highs, as dollar eases
Date: February 7, 2024
Global stocks hit two-year highs, as dollar eases By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 touched a record peak on Wednesday, as strong earnings offset jitters related to U.S. regional banks and China markets. Bonds were under modest pressure, as...
Big Oil offers record returns to lure investors back
Date: February 7, 2024
Big Oil offers record returns to lure investors back By Ron Bousso LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attempt to reassure investors of their discipline and resilience in the face of an uncertain outlook for fossil fuels. The top five...
Nvidia’s stock market value on verge of overtaking Amazon
Date: February 7, 2024
Nvidia’s stock market value on verge of overtaking Amazon By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chipmaker is not far behind Google-owner Alphabet. A 40% surge in Nvidia so far...
Prince William back to work after Kate’s surgery and King Charles’ cancer
Date: February 7, 2024
Prince William back to work after Kate’s surgery and King Charles’ cancer By Michael Holden LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’s surgery and news that King Charles had cancer, as his younger brother Prince Harry was set to return to the United States after a flying...