World stocks post record highs as bond yields ease

By Tom Arnold, Kevin Buckland LONDON/TOKYO (Reuters) - Global stock markets pushed to record highs on Wednesday as bond yields eased, after data showed U.S. inflation was not rising too fast as the economy re-opens....

Controversial Toshiba CEO steps down, shares jump on bidding war expectations

By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR & Co...

How the pandemic helped Walmart battle Amazon Marketplace for sellers

By Richa Naidu CHICAGO (Reuters) - Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, counted no more than six sellers, and was described by one expert...

Wall Street capitalism is looting just like Minnesota rioters ‒ don’t let the disguise...

Helen Buyniski is an American journalist and political commentator at RT. Follow her on Twitter @velocirapture23 and on Telegram Looting in Brooklyn Center, Minnesota is not going to fix the problems of looting across the US, but BLM protesters...

New day, new all-time high: Bitcoin beats its own records again, rising above $64,000

The world’s largest cryptocurrency has continued to rally, passing the $64,000 level for the first time in history ahead of the highly anticipated stock market debut of popular trading platform Coinbase. The price of bitcoin...

Ecuador’s Shock Presidential Election Result May Save Its Oil Industry

By Matthew Smith Ecuador’s beaten-down petroleum industry has been struggling to recover from a savage 2020 where pipeline failures, the COVID-19 pandemic, corruption scandals, and heightened political uncertainty sharply impacted operations. There were fears that the presidential...

OPEC’s Bullish Demand Data Sparks Hope Of New Oil Rally

By Julianne Geiger OPEC has revised its 2021 oil demand upward to stand 190,000 bpd higher than last month's estimates, on the back of an economic rebound that surpasses last month's outlook. Global 2021 oil demand is...

Will Rising Middle East Oil Prices Harm Global Demand Recovery?

By Viktor Katona As we continue to kick the prospect of global economic recovery down the road of 2021, caution remains the buzzword of the oil markets. The less changes month-to-month, the more important the role...

3 Gold Stocks to Watch This Summer

By Ben Granger Over the past two months, the gold and precious metals markets have been surprising investors with prices remaining flat or even stalling despite growing demand for bullion coins. We think the U.S. Mint is...

The King Of Oilfield Services Is Back In A Big Way

By David Messler It is no secret that the reflation in oil prices, WTI and Brent, above $50.00/bbl in the last six months has been a boon to the companies that service oil and gas wells....

WTI Prices Unmoved By Small Crude Draw, Gasoline Build

By Julianne Geiger The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 3.608 million barrels for the week ending April 9. Analysts had predicted a draw of 2.889 million barrels for the week. In...

Turkey’s fresh fruits and vegetables exports jump in Q1

Turkey's exports of fresh fruits and vegetables in the first quarter of the year reached $774.5 million, the head of a sectoral association said on April 13. Nejdat Sin, head of the Mediterranean Fresh Fruits and Vegetables Exporters' Association,...

Libya working to enable visa-free travel for Turks

Libya will work to enable visa-free visits for Turkish nationals, the prime minister of Libya's Government of National Unity said in the Turkish capital on April 13. "We will immediately start procedures for the...

Turkey ranks as 5th biggest wind investor in Europe

Turkey has been ranked as the fifth-biggest wind power investor in Europe in 2020 with €1.6 billion, according to WindEurope’s report on April 13. The Financing and Investment Trends in the European Wind Industry in 2020 report said that...

OPEC raises 2021 oil demand growth forecast on hope pandemic wanes

OPEC+ cut supply by a record 9.7 million bpd last year to support the market as demand collapsed. Most of those curbs remain in place even after the April 1 decision. (AP) https://arab.news/mw959-Reuters Upward revision by...

UK economy rebounds in February as 3rd lockdown neared end

by REUTERS People walk along the south side of the River Thames with the City of London financial district in the background, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021. (Reuters...

European shares pause near record high with eyes on U.S. inflation data

By Sagarika Jaisinghani (Reuters) - European shares hovered just below all-time highs on Tuesday as investors awaited data that is expected to show a pickup in U.S. inflation on the back of a swift global economic...

Britain to use Brexit ‘flexibility’ to make City of London more attractive

By Huw Jones LONDON (Reuters) - Britain will use its freedom from European Union rules to regulate markets flexibly and make the City of London even more attractive to global investors, the Financial Conduct Authority said...

Drifting apart? European firms battle to reach UK clients

By Giulia Segreti, Simon Johnson ROME/STOCKHOLM (Reuters) - Post-Brexit trade rules mean prosecco supplier Serena Wines 1881 must store bottles destined for Britain on costlier, fumigated pallets in their own corner of its warehouse in the northeast...

S&P, Dow futures edge higher ahead of inflation data

By Medha Singh (Reuters) - Futures tracking the S&P 500 and the Dow ticked higher on Tuesday ahead of data that is likely to show an uptick in inflation in a sign that the economic rebound...