May 13, 2022
Musk puts Twitter deal on hold

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…

May 13, 2022
Russian inflation jumps to 17.83% in April, highest since early 2002

(Reuters) - Consumer inflation in Russia accelerated in April to 17.83% in year-on-year terms, its highest level since January 2002, data showed on Friday, as it got a boost from the volatile rouble and unprecedented western sanctions that disrupted logistics…

May 13, 2022
IEA sees world weathering lost Russian oil supply

By Noah Browning LONDON (Reuters) - The world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency (IEA) said on Thursday, after it cut its predictions for supply losses from the…

May 12, 2022
AMC, GameStop shares snap five-day session sell-off

By Sinéad Carew and Medha Singh (Reuters) - Trading in shares of AMC Entertainment and GameStop was volatile on Thursday as the so-called meme stocks pared gains after rallying sharply earlier in the day as some investors looked for bargains…

May 12, 2022
Financial giants tiptoe into TikTok

By Chris Taylor NEW YORK (Reuters) - As TikTok accounts focused on money gain huge followings, stodgy financial firms are wedging themselves into youth-oriented social media platforms for a piece of the action. Independent "FinTok" influencers like Mark Tilbury (@marktilbury,…

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