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News
Europe’s fractured stock market finally gets a single data feed
4+ hour, 22+ min ago (918+ words) (Sept 14): Europe’s protracted efforts to turn its much maligned markets into a more attractive proposition for investors reach a momentous juncture Monday: the arrival of a consolidated tape. The fragmentation of trading across venues is often blamed for the view…...
'Musk' documentary director wants viewers to reclaim power from 'tech oligarchs"
6+ hour, 28+ min ago (434+ words) TORONTO (Sept 14): Filmmaker Alex Gibney made his marathon documentary Musk, about the vast influence of billionaire Elon Musk, to prompt discussions about reclaiming power from "tech oligarchs", he said in an interview on Sunday. The Oscar-winning documentarian is at the…...
Shares slip in Asia as oil climbs, rate hikes loom
10+ hour, 28+ min ago (579+ words) SYDNEY (Sept 14): Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes…...
Carney pushes idea of making Canada 'associate member' of EU, WSJ reports
22+ hour, 5+ min ago (342+ words) BRUSSELS (Sept 13): Canada's Prime Minister Mark Carney wants closer links with the European Union (EU) and is exploring whether his country could become an "associate member" of the bloc, The Wall Street Journal reported on Sunday. The EU, which has…...
Obama voices caution on AI, urges Democrats to tackle it, NYT says
1+ day, 2+ hour ago (287+ words) BENGALURU (Sept 13): Former US President Barack Obama has warned that artificial intelligence could be "dangerous" if not properly managed, and urged Democrats to frame policy and governance agendas to tackle the issue, the New York Times said on Sunday. The…...
New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies
1+ day, 3+ hour ago (817+ words) ADEN/DUBAI (Sept 13): Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, adding to concerns about Iran-related threats to global energy supplies after Saudi Arabia shut down a vital oil pipeline....
Carney calls US trade bans ‘modest’, signals Canada won’t retaliate
3+ day, 7+ hour ago (244+ words) (Sept 11): Prime Minister Mark Carney said this week’s round of US trade measures against Canada will hurt some businesses but will have a “modest” impact overall — and signalled that his government isn’t planning to retaliate. “We fully recognise that for…...
US producer prices increase as expected in August
3+ day, 20+ hour ago (443+ words) WASHINGTON (Sept 10): US producer prices increased in line with expectations in August amid a rebound in the cost of energy products. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.1% gain in July, the Labor…...
Qatar in talks to buy US LNG with spectre of lengthy war looming — Bloomberg
3+ day, 21+ hour ago (322+ words) (Sept 10): Qatar is in discussions to buy liquefied natural gas from US suppliers under long-term agreements as the Iran war has crippled its ability to supply its own customers, according to people familiar with the matter. State-owned QatarEnergy is interested…...
US weekly jobless claims edge down as layoffs remain low
3+ day, 21+ hour ago (212+ words) theedgemarkets.com WASHINGTON (Sept 10): The number of Americans filing claims for unemployment benefits fell last week, suggesting that layoffs remained low and continued to anchor the labour market. Initial claims for state unemployment benefits dipped 1,000 to a seasonally adjusted 206,000 for…...