Growth bargains, upbeat earnings take Wall Street higher

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File photo Sign up now for FREE unlimited access to Reuters.com Check in Commuters rise after reporting record quarterly profit Baker Hughes jumps on fourth quarter earnings release Netflix to report quarterly results … Read more

West stresses unity on Ukraine after Biden implies divided response

Russia has gathered troops near the border with Ukraine Top US diplomat Blinken holds talks with allies BERLIN, Jan. 20 (Reuters) – Western countries urged on Thursday that they would be united to respond strongly to any Russian attack on Ukraine, moving towards damage reduction after US President Joe Biden suggested division over how to … Read more

China says it warned away U.S. warship in South China Sea, U.S. denies

BEIJING, Jan. 20 (Reuters) – Chinese troops tracked and warned a US warship entering waters near the Paracel Islands in the South China Sea, the country’s military said Thursday, but the US Navy denied the ship had been warned . The People’s Liberation Army’s Southern Theater Command said the USS Benfold “illegally” entered Chinese territorial … Read more

Asian shares rise as China cuts key mortgage rate

A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a stock exchange in Tokyo, Japan February 26, 2020. REUTERS/Athit Perawongmetha /File Photo Sign up now for FREE unlimited access to Reuters.com Check in MSCI Asia ex … Read more

S&P 500, Dow up on earnings lift, Nasdaq off session low

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 18, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Check in UnitedHealth rises as fourth-quarter profit beats estimates BofA and Morgan Stanley wrap up bank profits on upbeat … Read more

Wall Street banks eye ‘new normal’ for trading revenue after stellar two years

A street sign, Wall Street, is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/Photo archive Sign up now for FREE unlimited access to Reuters.com Check in NEW YORK, Jan 19 (Reuters) – Wall Street banks expect trading income to settle into a “new … Read more

Blinken vows ‘relentless’ diplomacy to avert Russian attack on Ukraine

Blinken says Russia can attack Ukraine in the short term Kremlin says arms supplies to Ukraine are raising tensions Blinken meets the Russian Lavrov in Geneva on Friday KYIV, Jan. 19 (Reuters) – US Secretary of State Antony Blinken said on Wednesday that Russia could launch another attack on Ukraine at very short notice, but … Read more

Airlines scramble to rejig schedules amid U.S. 5G rollout concerns

Jan 19 (Reuters) – Major international airlines rushed to readjust or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that raised security concerns, despite two wireless carriers saying they would delay parts of the rollout. The Federal Aviation Administration (FAA) has warned that potential 5G interference could affect height … Read more

Gilead says counterfeit HIV drugs ended up with patients

The logo of pharmaceutical company Gilead Sciences Inc is seen in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com Check in NEW YORK, Jan 18 (Reuters) – Gilead Sciences Inc (GILD.O) said an unauthorized network of drug distributors and suppliers sold more than $250 million worth … Read more

Oil hit 7-year highs as tight supply bites

Benchmarks jump to highest level since October 2014 Tensions in the Middle East and Russia add to supply concerns Some OPEC+ sources say it is possible to get oil at $100/bbl Goldman expects crude inventories to fall to their lowest level since 2000 NEW YORK, Jan 18 (Reuters) – Oil prices rose to their highest … Read more