By Elizabeth Dilts Marshall NEW YORK (Reuters) - Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas prices. Global markets and U.S.…
By Stephen Culp NEW YORK (Reuters) - Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the…
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans…
By Greg Roumeliotis and Hannah Lang (Reuters) -Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets Inc on Thursday, capitalizing on the weakness of the shares of the trading app to…
By Ashitha Shivaprasad (Reuters) - Gold fell more than 1% on Friday and is set for its fourth straight weekly decline, as the dollar's strong run with more aggressive U.S. interest rates on the horizon sapped appetite for bullion. Spot…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May as worries about inflation persisted, but household spending remains underpinned by a strong labor market and massive savings, which…
By Kevin Liffey LONDON (Reuters) - Russia's biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies "as part of the fulfilment of contractual obligations". More than 400 aircraft leased from Western firms,…
(Reuters) - Alibaba Group Holding has laid off about 40% of the staff in its Russian joint venture as the ongoing Ukraine crisis disrupts cross-border business, the Nikkei reported on Friday. The Chinese e-commerce giant could not be immediately reached…
By Ann Saphir (Reuters) -The Federal Reserve will do what it needs to do to bring down very high inflation, Minneapolis Fed President Neel Kashkari said on Friday, though how much it will need to do depends in part on…
LONDON (Reuters) - Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20% lower in pre-market trading and on the Frankfurt stock exchange. Below are analysts' reactions to…