Feb 08, 2024
Oil up 3% on Gaza ceasefire rejection and US fuel stocks data

By Nicole Jao LONDON (Reuters) -Oil prices gained more than 3% on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures closed up $2.42, or 3%, to $81.36…

Feb 08, 2024
US agency declares AI cloned voice robocalls illegal

By David Shepardson WASHINGTON (Reuters) -Calls made with AI-generated voices are illegal, the Federal Communications Commission said on Thursday, after a fake robocall imitating President Joe Biden sought to dissuade people from voting for him in New Hampshire's Democratic primary…

Feb 08, 2024
‘Silver is the new gold’ as Egyptians try to protect savings

By Sarah El Safty and Farah Saafan CAIRO (Reuters) - Egyptian women traditionally receive a gold jewellery set, or "shabka", on their engagement. But as surging prices and a weakening currency have driven up demand for the precious metal, some…

Feb 08, 2024
US oil refiners beat Wall Street bets, expect demand to grow in 2024

By Laura Sanicola (Reuters) - Major U.S. fuelmakers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth. For 2023,…

Feb 08, 2024
HSBC partners with Google to hit $1 billion climate tech finance goal

By Simon Jessop and Sinead Cruise LONDON (Reuters) - Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising solutions to global climate change, executives from both firms told…

Jan 30, 2024
Industry pain abounds as electric car demand hits slowdown

By Nick Carey and Joseph White (Reuters) - While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. Investment in capacity…

Jan 29, 2024
Alphabet, Meta ad sales in Q4 unlikely to reflect gen AI investments

By Sheila Dang AUSTIN, Texas (Reuters) - Despite the buzz over generative artificial intelligence last year, the technology's impact on the advertising business of Alphabet and Meta Platforms is likely to be muted when the companies report fourth-quarter results this…

Jan 29, 2024
What investors are saying about China’s market meltdown

(This Jan. 23 story has been refiled to correct name to Diane, not Diana, in paragraph 29) (Reuters) - Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world's second-biggest economy…

Subscribe to get market latest alerts

Subscribe and receive daily afternoon commentary and trade opportunities
focused on income setups.

*By submitting your information you agree to the terms of our Privacy Policy. You will receive the income setups newsletter, and third party offers. You can unsubscribe anytime by selecting unsubscribe at the bottom of our emails.