Stocks, dollar rise; European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more

JPMorgan’s Dimon warns of possible $1 billion Russia loss

Dimon concerned about secondary impact of Ukraine conflict Dimon calls for increased US military presence in Europe Dimon urges revamp of US supply chain Fed rate hikes could be higher than market expectations -Dimon NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon … Read more

Oil rises above $105 as supply concerns persist

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Iran blames US for halt to Vienna nuclear talks IEA agrees to release more oil Yemen’s warring parties … Read more

Tesla plans to resume production at its Shanghai plant from April 4 – sources

A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, April 3 (Reuters) – Tesla (TSLA.O) is aiming to resume production at its Shanghai factory from Monday, two sources familiar with the matter said, as it expects … Read more

Fed’s Williams: Pace of rate increases depends on how economy responds

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more

Tesla delivers record vehicles in first quarter; output falls during China shutdown

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, US, April 29, 2016. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register April 2 (Reuters) – Tesla Inc (TSLA.O) on Saturday reported record electric vehicle deliveries for the first quarter, largely meeting analysts’ estimates, … Read more

Russia’s Gazprom exits German business amid crisis in energy ties

Model of petrol pump is seen in front of Gazprom logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, April 1 (Reuters) – Russia’s Gazprom (GAZP.MM) said on Friday it was quitting its business in Germany at a moment of crisis in the vital … Read more

US stock futures rise before jobs data, oil eyes 13% weekly fall

S&P futures up 0.46% Euro zone inflation 7.5% in March Oil heading for 13% fall this week LONDON, April 1 (Reuters) – US stock index futures rose on Friday ahead of US employment data with markets watching for signs of inflation, while oil was poised for a 13% weekly fall following reserve releases. Investors are … 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

Oil prices dive as US considers record reserves release

US considers release of 180 mln barrels of oil -sources OPEC+ expected to stick to existing oil output deal SINGAPORE, March 31 (Reuters) – Oil prices plunged on Thursday on news that the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near … Read more