WHO suspends UN supply of Bharat Biotech’s Covaxin vaccine for COVID-19

April 2 (Reuters) – The World Health Organization said on Saturday it has suspended supply through United Nations agencies of COVID-19 vaccine Covaxin, produced by India’s Bharat Biotech, to allow the manufacturer to upgrade facilities and address deficiencies found in an inspection. The WHO asked countries that have received the vaccine to take appropriate actions, … Read more

Shares bounce, US yield curve inverts after strong jobs data

US stocks drop, Treasury yield curve inverts US employers added 431,000 jobs in March US jobless rate at 3.6% Euro zone inflation 7.5% in March Oil heading for 13% fall this week NEW YORK, April 1 (Reuters) – Government bond yields resumed their upward climb on Friday as a key part of the US Treasury … Read more

European stocks set for biggest quarterly drop since 2020

A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while … Read more

Biden administration weighs largest ever draw from emergency oil reserve- sources

A US postal worker puts his seatbelt on after filing up his vehicle at a gas station in Garden Grove, California, US, March 29, 2022. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 30 (Reuters) – The Biden administration is considering releasing up to 180 million barrels of oil over … Read more

Stocks rally fizzles, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down NEW YORK, March 30 (Reuters) – The US and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped over $2 on the prospect … Read more

Shares surge after “encouraging” Russia-Ukraine talks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Shares head higher as Russia and Ukraine talk in Turkey Bond markets continue to flag recession fears German and French consumer confidence drops Yen … Read more

War in Ukraine causes German business morale to collapse

The skyline with the banking district is photographed in Frankfurt, Germany, September 22, 2021. REUTERS/Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register BERLIN, March 25 (Reuters) – German business morale plummeted in March as companies worried about rising energy prices, driver shortages and the stability of supply chains in the wake of … Read more

World stocks set for consecutive weekly gains for first time in 2022

A woman stands in front of a screen displaying Japan’s Nikkei share average, US and other countries’ stock market indicators outside a brokerage in Tokyo, Japan December 19, 2018. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register LONDON, March 25 (Reuters) – World stocks are headed for a second consecutive week of … Read more

Wall Street powers stocks higher, oil lower as world leaders press Russia

US equities jump, with tech-led Nasdaq up nearly 2% Oil drops around 3%, still above $110 a barrel US Treasury yields inch up further Gold up more than 1% March 24 (Reuters) – US stocks rose following choppy trading abroad on Thursday, and oil prices pulled back, as investors watched Western leaders present a unified … Read more

Foreigners banned from selling Russian stocks as market set for limited reopening

March 23 (Reuters) – Russia plans to resume some stock trading on Thursday after a near month-long hiatus, with 33 ruble securities to be traded on the Moscow Exchange. Non-residents will have to wait, though – they will be barred from selling stocks and OFZ ruble bonds until April 1. Trading in blue chips, including … Read more