World stocks in red as consumers signal recession ahead

World stocks in red as consumers signal recession ahead

LONDON/TOKYO, June 29 (Reuters) – Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling … Read more

Exclusive: Elon Musk wants to cut 10% of Tesla jobs

Exclusive: Elon Musk wants to cut 10% of Tesla jobs

Tesla employed around 100,000 people at end of 2021 Musk warned staff on Tuesday to return to office or leave US executives sounding increasingly gloomy about economy SAN FRANCISCO, June 3 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of staff at … Read more

Asia stocks struggle after say China data

Asia stocks struggle after say China data

Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in Bangkok, Thailand March 13, 2020. REUTERS/Juarawee Kittisilpa/Files Register now for FREE unlimited access to Reuters.com Register Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pares gains, S&P 500 futures turn lower Dollar … Read more

Global shares fall on fears of global economic slowdown

Global shares fall on fears of global economic slowdown

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates … Read more

Shares churn, close down; yields fall after US inflation data

Shares churn, close down;  yields fall after US inflation data

NEW YORK, May 11 (Reuters) – Wall Street stocks closed sharply lower and Treasury yields fell in Wednesday’s volatile session as oil prices rallied and worried investors about the potential for an economic slowdown. US equity indexes hadtraded higher and lower during the volatile session as investors picked through US inflation data for clues about … Read more

Stocks see slight recovery but negative outlook persists

Stocks see slight recovery but negative outlook persists

A woman wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON, May 10 (Reuters) – European stock indexes opened higher on Tuesday, with risk … Read more

Stocks rise, US yields slip as markets await Fed rate hike

Stocks rise, US 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 Sydney-London non-stop with Airbus order

In it for the long haul: Qantas bets on Sydney-London non-stop 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

Wall St ends lower as investors await further earnings cues

Wall St ends lower as investors await further earnings cues

Bank of America boosts S&P 500 Twitter gains after adopting ‘poison pill’ Didi to meet on US delisting plans, shares plunge Indexes down: Dow 0.11%, S&P 0.02%, Nasdaq 0.14% April 18 (Reuters) – US stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors … Read more

Shanghai factories sputter towards reopening as city aims to ease lockdown

Shanghai factories sputter towards reopening as city aims to ease lockdown

SHANGHAI, April 18 (Reuters) – Manufacturers including Tesla (TSLA.O) began preparing on Monday to reopen their Shanghai plants as China’s most populous city speeds up efforts to get back to normal after a nearly three-week COVID shutdown. Still, most workers will have to live onsite, and there was no immediate word how factories will deal … Read more