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European Shares Extend Comeback as Chipmakers Rally; Ubisoft Hits 3-week High
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UK Stocks at 6-week Low as Crest Nicholson Leads Rout Among Housebuilders
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Race for Moon Resources Has Begun, Says Russia’s Space Chief After Failed Lunar Mission
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US Dollar Holds Modest Gains, Offshore Yuan Rises as Jackson Hole Is in View
France Issues ‘red Alert’ Over Heatwave in South
Date: August 21, 2023
France issues ‘red alert’ over heatwave in south PARIS (Reuters) -France on Monday afternoon issued a “red alert”, its most serious warning, for four southern regions amid a spell of excessively hot weather, with temperatures expected to peak at 41 degrees Celsius (106 degrees Fahrenheit) in the Rhone valley. The departments targeted by the alert,...
Global Equities Rise as Traders Await Fed Meeting, Eye Earnings
Date: August 21, 2023
Global equities rise as traders await Fed meeting, eye earnings By Chris Prentice and Yoruk Bahceli NEW YORK (Reuters) -Global equities rose and U.S. treasury yields touched a more than 12-year high on Monday as investors awaited a Federal Reserve meeting later this week. Crude futures climbed on fewer exports from Saudi Arabia and high...
Storm Hilary Slams Southwest U.S. With Heavy Rain
Date: August 21, 2023
Storm Hilary slams Southwest U.S. with heavy rain LOS ANGELES (Reuters) -Parts of Southern California and the U.S. Southwest on Monday faced the threat of flash flooding along with landslides and mudslides after storm Hilary unleashed record-breaking downpours overnight. Some 17 million Americans were under flood and high-wind advisories, watches and warnings as remnants of...
Us, Brent Crude Futures Stabilize After Negative Turn
Date: August 21, 2023
US, Brent crude futures stabilize after negative turn By Erwin Seba HOUSTON (Reuters) -Crude oil futures stabilized on Monday after briefly turning negative following gains of more than $1 earlier in the session, as markets weighed supply tightness against expectations of slow demand growth, particularly from China. Brent crude was up 14 cents to $84.94...
Paris Bans Pony Rides for Children Following Animal Rights Campaign
Date: August 18, 2023
Paris bans pony rides for children following animal rights campaign By Antonia Cimini and Antony Paone PARIS (Reuters) – Paris will ban pony rides for children in its public parks from 2025 following a campaign by animal rights activists who argue that the ponies are not well treated. Pony rides have been a popular feature...
UBS Upgrades Global Equities’ Rating to ‘neutral’
Date: August 18, 2023
UBS upgrades global equities’ rating to ‘neutral’ (Reuters) – Economists at UBS have upgraded their rating for global equities, citing recent economic and inflation data coming in ahead of estimates and stronger-than-expected growth in the U.S. economy, with less likelihood of a recession. The brokerage, which raised its rating on global equities to “neutral” from...