Friday, November 8, 2024

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Asian Stocks Advance After US Small-Cap Rally: Markets Wrap

(Bloomberg) -- Equities in Asia rose after Wall Street closed higher, helped along by a rotation out of megacap tech and into economically sensitive...

Oil Advances as Traders Weigh Middle East Risks, Glut Prospects

(Bloomberg) -- Oil climbed, after four days of declines, as traders weighed potential risks to production from the Middle East against concerns over a...

Oil inches up after surprise drop in US crude stockpiles

By Florence TanSINGAPORE (Reuters) - Oil prices rose in early Asian trade on Thursday, paring sharp losses over the past two sessions, after industry...

Dollar hovers near 11-week high, eyes on China property briefing

By Rae WeeSINGAPORE (Reuters) - The dollar held near an 11-week high on Thursday as uncertainty over the upcoming U.S. election looms and as...

Oil company Phillips 66 says it will shut down Los Angeles-area refinery

LOS ANGELES (AP) — Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of...

Manitoba government halts school building plan, says other methods will be found

WINNIPEG — After a lengthy review, Manitoba's NDP government has halted a plan hatched by the former Progressive Conservative government to build new schools...

5 big airlines will share new long-haul flights to Reagan National Airport near Washington

WASHINGTON (AP) — The Transportation Department has tentatively awarded room for five new daily long-haul flights at Ronald Reagan Washington National Airport to five...

Alberta government shifts continuing care from Health to Seniors Ministry

The Alberta government says long-term care and supportive living programs will no longer be under the purview of the provincial Health Ministry.Instead, Seniors and...

Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead

(Reuters) - Goldman Sachs said on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024...

Robinhood reveals new look, will start offering futures and index options trading

Robinhood's (HOOD) evolution from meme stock trading champion to a wealth management platform rages on.The company said late Wednesday it will be launching futures...

Feds, provinces must work together to tackle productivity crisis: Alberta premier

CALGARY — Canada's economic productivity crisis can only be solved if the federal and provincial governments come together to address issues like major project...

Equifax sees 2024 revenue below estimates amid mortgage market slump

(Reuters) - Credit ratings firm Equifax said on Wednesday it expects full-year revenue below Wall Street estimates, as higher-for-longer interest rates continued to weigh...

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