[ad_1] LONDON (Reuters) – World shares held at 2-1/2-month lows on Thursday and Wall Street was set for a firmer open as investors bet the U.S. Federal Reserve and other central banks would respond strongly
Buffett’s Berkshire boosts Amazon.com bet, attracts Ackman
[ad_1] (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks
Stocks rattled, oil sinks as bond markets scream recession
[ad_1] TOKYO/SYDNEY (Reuters) – Asian stocks stumbled and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could portend a recession globally. FILE PHOTO: A
Prosecutors seek sale of luxury homes linked to stepson of Malaysian ex-PM
[ad_1] KUALA LUMPUR (Reuters) – U.S. prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Najib Razak, court documents showed, in the latest effort to recover money
Global stocks spooked, oil sinks as bond markets scream recession
[ad_1] TOKYO (Reuters) – Asian stocks slid and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could prove a herald of recession globally. FILE
Novartis replaces top scientists at Avexis after drug data manipulated
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[ad_1] NEW YORK (Reuters) – Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early testing of a gene therapy
Global stocks routed, oil sinks as bond markets flash recession warning
[ad_1] TOKYO (Reuters) – Global stocks crumbled and oil prices extended a punishing sell-off on Thursday as an inverted U.S. bond yield curve intensified fears about a world recession. Passersby are reflected on a screen
GE secures four-year labour deal with unions for 6,600 workers
[ad_1] FILE PHOTO: The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. REUTERS/Alwyn Scott NEW YORK (Reuters) – General Electric Co (GE.N) has clinched
Markets register a shock, but is Trump right to blame the Fed?
[ad_1] WASHINGTON (Reuters) – It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession. FILE PHOTO: The Federal Reserve Board
Ryanair’s Irish pilots to proceed with strike after talks fail
[ad_1] FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew member ahead of a news conference by Ryanair union representatives in Brussels, Belgium September 13, 2018. REUTERS/Francois Lenoir (Reuters) –