S&P 500, Nasdaq end higher in choppy session as inflation data looms

S&P 500, Nasdaq end higher in choppy session as inflation data looms

All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” Indexes: Dow down 0.3%, S&P 500 up 0.3%, Nasdaq up 1% NEW YORK, May 10 (Reuters) – The S&P 500 and Nasdaq ended higher on Tuesday, with big growth shares rising after the previous day’s selloff as Treasury yields … Read more

Musk says he would reverse Twitter ban on Donald Trump

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc … Read more

South Korea hunts tungsten treasure in race for rare minerals

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

Yelp, other companies take stance on abortion rights with travel benefit

Yelp, other companies take stance on abortion rights with travel benefit

May 6 (Reuters) – Yelp Inc, Amazon.com, and Citigroup are among a small but growing number of companies rolling out policies to cover costs for American employees who need to travel out of state for an abortion. Yelp Inc (YELP.N) was one of the first to offer support for its employees who might need to … Read more

Exclusive: U.S. regulators are in China for audit deal talks

Exclusive: U.S. regulators are in China for audit deal talks

Chinese and US flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 6 (Reuters) – US regulatory officials have arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of US-listed Chinese … Read more

Man accused of tackling comic Dave Chappelle on stage is charged with assault

Man accused of tackling comic Dave Chappelle on stage is charged with assault

LOS ANGELES, May 4 (Reuters) – The man accused of tackling comedian Dave Chappelle to the stage floor during a performance at the Hollywood Bowl in Los Angeles was charged on Wednesday with felony assault with a deadly weapon. The attack on Chappelle, 48, occurred Tuesday night during a sold-out appearance by the Emmy-winning entertainer … Read more

Stocks rise, U.S. yields slip as markets await Fed rate hike

Stocks rise, U.S. yields slip as markets await Fed rate hike

NEW YORK/MILAN, May 3 (Reuters) – A gauge of global equity markets edged higher on Tuesday while 10-year US Treasury yields slide from the 3% level as investors remained cautious, expecting the Federal Reserve to hike rates by the most in a single day since 2000 to curb inflation. Feeding inflation worries, data showed US … Read more

In it for the long haul: Qantas bets on non-stop Sydney-London flights with Airbus order

In it for the long haul: Qantas bets on non-stop Sydney-London flights with Airbus order

Orders 12 Airbus ultra-long haul A350-1000 planes Direct commercial Sydney-London flight to start late in 2025 20-hour trip to be the world’s longest non-stop flight Orders 20 A321XLRs and 20 A220s to renew domestic fleet Overall Airbus deal could be worth more than $4 bln – Barrenjoey SYDNEY, May 2 (Reuters) – Qantas Airways (QAN.AX) … Read more

Bored Ape NFT company raises around $285 million of crypto in virtual land sale

Bored Ape NFT company raises around $285 million of crypto in virtual land sale

A representation of cryptocurrency Ethereum is seen next to non-fungible tokens (NFTs) of Yuga Labs “Bored Ape Yacht Club” collection displayed on its website, in this illustration picture taken March 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, May 1 (Reuters) – The company behind the “Bored Ape” … Read more

HSBC’s top shareholder calls for banking giant’s break-up

HSBC's top shareholder calls for banking giant's break-up

A branch of HSBC bank is seen, in central London August 3, 2009. REUTERS/Stefan Wermuth Register now for FREE unlimited access to Reuters.com Register LONDON/SINGAPORE, April 29 (Reuters) – HSBC Holdings’ (HSBA.L) largest shareholder, Chinese insurance giant Ping An (601318.SS), has called for a break-up of the London-based bank, a source familiar with the matter … Read more