Stocks News

By Suban Abdulla LONDON (Reuters) – British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.

LONDON (Reuters) – Glencore on Tuesday proposed introducing a cash component to its takeover offer of Teck Resources and urged the board to delay an impeding shareholder vote on its restructuring plan.

By Dietrich Knauth (Reuters) – A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build consensus around its $8.9 billion settlement offer despite doubts about its assertion that 60,000 plaintiffs would

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By David Shepardson WASHINGTON (Reuters) – The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the U.S. government.

By David Lawder and Hannah Lang WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year, but urged member countries to keep tightening monetary policy to fight persistently

By Selena Li HONG KONG (Reuters) – Asia stocks posted gains on Tuesday, boosted by investor optimism that the region’s central banks will continue to pause or end interest rate hike cycles, whatever action the U.S. Federal Reserve takes. MSCI’s

By Ernest Scheyder (Reuters) – General Motors Co will announce on Tuesday an investment in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the auto giant to ensure long-term supplies of the metal used to make electric vehicle

(Reuters) – A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016.

(Reuters) – Air Canada said on Tuesday that Chief Financial Officer Amos Kazzaz would retire at the end of June and be replaced by former Bombardier Inc executive John Di Bert.

(Reuters) – U.S. stock index futures rose on Tuesday as investors awaited inflation data to gauge the Federal Reserve’s next policy moves, while caution prevailed ahead of the quarterly earnings season.

By Mike Scarcella (Reuters) – A group of video gamers on Monday filed a new legal challenge to Microsoft Corp’s $69 billion bid to buy “Call of Duty” maker Activision Blizzard Inc, after a U.S. judge last month rejected an earlier version of the antitrust lawsuit.

By Christopher Bing and Raphael Satter (Reuters) – An Israeli firm’s hacking tools have been used against journalists, opposition figures and advocacy organizations across at least 10 countries – including people in North America and Europe – according to new research published Tuesday by Microsoft Corp

By Anirban Sen and Mehnaz Yasmin (Reuters) – Mark Shafir, one of Citigroup Inc’s top dealmakers, is retiring after a career spanning over three decades during which he advised some of the world’s largest corporations on several landmark deals.

NEW YORK (Reuters) – HSBC Holdings plc’s U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking segment for the California-based bank that collapsed last month.

By Chris Prentice NEW YORK (Reuters) – Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led the Swiss bank to delay its annual report last month.

By Stephanie Kelly (Reuters) – Oil prices edged higher on Tuesday as market participants weighed supply cuts from OPEC+ that would tighten the global market against concerns about further interest rate hikes potentially hurting demand.

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar paused for breath on Tuesday following its best rally this month against major peers as a resilient U.S. labour market bolstered the case for a Federal Reserve rate hike next month.

RIO DE JANEIRO (Reuters) – Brazil is analyzing the option of expanding an order for Swedish manufacturer Saab’s Gripen fighter jets, though the number of additional aircraft which could be bought has yet to be determined, Defense Minister Jose Mucio told Reuters Tuesday.

By Anthony Boadle BRASILIA (Reuters) – President Luiz Inacio Lula da Silva departed Brazil on Tuesday for an official visit to China, where he aims to convince President Xi Jinping to form a group of nations to mediate an end to Russia’s war with Ukraine.