Oil rises nearly 1% as traders assess worsening geopolitical situation
By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday on concerns that…
Author: The Trading Report
Tesla falls on SAP snub report, Piper Sandler price target cut
(Reuters) -Tesla shares came under pressure on Monday after a report that Germany’s SAP was no longer planning to buy…
Novo Nordisk’s parent to buy Catalent for $16.5 billion to boost Wegovy supply
By Maggie Fick and Patrick Wingrove (Reuters) -Novo Nordisk notched a win on Monday in its race to boost output…
Stellantis says no merger plans after Renault report
By Giulio Piovaccari MILAN (Reuters) -Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans, responding to press…
Foxconn sees ‘slightly better’ 2024, warns on AI chip shortage
TAIPEI (Reuters) – Taiwan’s Foxconn, Apple’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this…
Northern Ireland appoints Irish nationalist as First Minister in historic shift
By Amanda Ferguson and Natalie Thomas BELFAST (Reuters) -Northern Ireland’s parliament appointed an Irish nationalist as First Minister for the…
Australia releases preferred option on pollution rules to boost EV uptake
SYDNEY (Reuters) – Australia on Sunday released a “preferred model” for new standards on vehicle emissions as the country moves…
Biden cruises to South Carolina Democratic primary win-Edison Research
By Trevor Hunnicutt, Jarrett Renshaw and Liliana Salgado COLUMBIA, South Carolina (Reuters) -U.S. President Joe Biden on Saturday won the…
US House panel recommends $17.6 billion in military aid for Israel
By Richard Cowan WASHINGTON (Reuters) – Legislation providing $17.6 billion in new military assistance to Israel as it wages war…
US conducts strikes in self-defense against six Houthi anti-ship cruise missiles
(Reuters) – The U.S. Central Command said on Saturday that U.S. forces conducted strikes in self-defense against six Houthi anti-ship…