Category Archives:
Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the wor...
Thomson Reuters Apr 07, 2026
Hot money increasingly dominates emerging markets financing, raising risks, IMF says
By Libby George LONDON, April 7 (Reuters) - Emerging market nations now get the bulk of their foreign financing from the likes of hedge funds, pension funds and insurers, leaving them vulnerable to ra...
Thomson Reuters Apr 07, 2026
Canada's Ivey PMI shows activity shrinking for first time in four months
TORONTO, April 7 (Reuters) - Canadian economic activity contracted in March for the first time in four months as a measure of inflation pressures increased, Ivey Purchasing Managers Index (PMI) data s...
Thomson Reuters Apr 07, 2026
Factbox-Gulf desalination plants, lifeline for tens of millions, face Iran threat
April 7 (Reuters) - The Iranian military has warned it would launch attacks on desalination plants and other infrastructure in the Gulf region if the U.S. follows through on a threat to target its fue...
Thomson Reuters Apr 07, 2026
Wall St opens lower ahead of Trump's Iran deadline
April 7 (Reuters) - Wall Street's main indexes opened lower open on Tuesday as investors assessed comments from the U.S. and Iran for any clues on where the conflict was headed, before President Donal...
Thomson Reuters Apr 07, 2026
Wireless music festival cancelled after UK blocks Kanye West from entering country
LONDON, April 7 (Reuters) - Britain's Wireless music festival has been cancelled after U.S. rapper Kanye West was blocked from entering the country, its organiser Festival Republic said on Tuesday. Th...
Thomson Reuters Apr 07, 2026
Intel joins Musk's Terafab AI chip project to power humanoid, data center goals
By Deborah Mary Sophia April 7 (Reuters) - Intel said on Tuesday it will join Elon Musk's Terafab AI chip complex project with SpaceX and Tesla to make processors powering the tech billionaire's robot...
Thomson Reuters Apr 07, 2026
Delta Air hikes checked baggage fees as jet fuel prices soar
April 7 (Reuters) - Delta Air Lines said on Tuesday it will raise fees for checked bags on domestic and select short-haul international routes, as airlines seek to offset soaring jet fuel costs linked...
Thomson Reuters Apr 07, 2026
Moody's cuts outlook on US BDCs to 'negative' on redemption pressure, rising leverage
April 7 (Reuters) - Moody's Ratings on Tuesday revised its outlook on U.S. business development companies to negative from stable, citing rising redemption pressures, higher leverage and weakening acc...
Thomson Reuters Apr 07, 2026
Uber bets on Amazon's custom chips to boost AI efforts
April 7 (Reuters) - Uber is using Amazon's custom chips to speed up computing and train artificial intelligence models, the cloud giant said on Tuesday, as the ride-hailing firm seeks advanced hardwar...
Thomson Reuters Apr 07, 2026
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