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Oil mixed as OPEC supply cut prospect offsets demand fears
By Sonali Paul MELBOURNE (Reuters) - Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman ...
Syndicated Content Aug 28, 2022
Stocks jilted as central banks promise tough love
By Wayne Cole SYDNEY (Reuters) - Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields higher and tested equity and earnings...
Syndicated Content Aug 28, 2022
Australia’s Fortescue annual profit falls 40% on weak iron ore prices
(Reuters) -Australian miner Fortescue Metals Group Ltd on Monday said its annual profit fell 40% as weaker iron ore prices due to cooling demand from top consumer China, escalating costs and labour sh...
Syndicated Content Aug 28, 2022
Column-Funds firmly in hawkish Fed camp with record bet on rates: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - "Don't fight the Fed" is a well-worn market maxim, and hedge funds are sticking to it like glue. U.S. futures markets positioning data show that speculators...
Syndicated Content Aug 28, 2022
NASA’s mega-moon rocket ready for liftoff on eve of debut Artemis mission
By Joey Roulette CAPE CANAVERAL, Fla. (Reuters) - Launch teams at the Kennedy Space Center in Florida spent a final full day of preparations ahead of Monday's planned liftoff of NASA's giant next-gene...
Syndicated Content Aug 28, 2022
Powell’s ‘pain’
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever Pivot? What pivot? Fed chief Jerome Powell stepped up the fight against inflation in his Jackson Hole speech on Friday, making ...
Syndicated Content Aug 28, 2022
Black Duke volleyball player speaks out about racist abuse at BYU game
By Rich McKay (Reuters) - A Black Duke University women's volleyball player who had racial slurs hurled at her from the crowd during Friday's match against Brigham Young University in Provo, Utah, spo...
Syndicated Content Aug 28, 2022
European judges challenge EU approval of Poland’s recovery plan
WARSAW (Reuters) - Four European judges associations challenged in European Union's General Court a decision to approve Poland's recovery and resilience plan, they said in a statement on Sunday. Polan...
Syndicated Content Aug 28, 2022
Defense of Trump is ‘hypocrisy’ by Republicans, Congressman Kinzinger says
WASHINGTON (Reuters) - U.S. Representative Adam Kinzinger, one of two Republicans joining Congress's probe of the assault on the Capitol by Donald Trump supporters, accused members of his party of "hy...
Syndicated Content Aug 28, 2022
‘The Invitation’ Tops Box Office With $7 Million in Catastrophically Slow Weekend
By Rebecca Rubin LOS ANGELES (Variety.com) - If three new movies debut in theaters, but nobody goes to see them... That is how Sony's creepy thriller "The Invitation" managed to top box office charts ...
Syndicated Content Aug 28, 2022
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