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Stocks
European stocks rise as U.S.-China trade tensions ease; auto stocks jump
Nike results lift Adidas, Puma, JD SportsSTOXX 600 up 1.1%, at highest level since June 17S&P 500, Nasdaq hit record highsBy Sukriti Gupta, Sanchayaita Roy and Pranav Kashyap June 27 (Reuters) - European stocks closed at an over one-week high on Friday, fuelled by a rally in automakers, as i...
Reuters
Fri, Jun 27
Other
Lockton: New excess casualty facility could signal move away from occurrence policies
By Michael LoneyJune 27 - (The Insurer) - The new excess casualty facility from Chubb, Zurich and National Indemnity centered on claims-made coverage could signal the industry “is beginning to steer buyers away from occurrence policies”, Lockton has suggested.In the latest edition of the Lockton Mar...
Reuters
Fri, Jun 27
Other
Bezos and Sanchez head to wedding ceremony in star-studded Venice
Wedding festivities estimated to cost around $50 millionGuest list includes Bill Gates, Oprah Winfrey, Ivanka TrumpProtesters resent opulence, say ordinary people's needs neglected in the city Businesses say the event is boost to the local economyBy Sara Rossi, Alvise Armellini VENICE, June 2...
Reuters
Fri, Jun 27
Other
Trump says July 9 trade deal date is not fixed date
WASHINGTON, June 27 (Reuters) - U.S. President Donald Trump said his July 9 trade deadline was not a fixed date, telling reporters at the White House that it could be sooner or later than that date, when wider U.S. tariffs are set to be re-imposed if deals are not reached."We can do whatever we ...
Reuters
Fri, Jun 27
Other
REFILE-BREAKINGVIEWS-Biotech nears cure for Chinese corporate epidemic
By Jeffrey Goldfarb NEW YORK, June 19 (Reuters Breakingviews) - Just as Covid lingers, so too does a protracted corporate battle over more than $10 billion earned trying to protect people from the deadly virus. A ruthless clash for control of Sinovac Biotech SVA.O, whose vaccine became one of the...
Reuters
Fri, Jun 27
Stocks
Why Palantir Stock Is Sinking Today
Palantir (NASDAQ: PLTR) stock is losing ground in Friday's trading. The company's share price was down 4% at 12:40 p.m. ET despite the S&P 500 and the Nasdaq Composite being up 0.7% and 0.5%, respectively, at the same point in the day's trading.Palantir's valuation is retreating a bit today as inves...
The Motley Fool
Fri, Jun 27
Other
Saks gets $600 million lifeline as creditors turn on one another - Bloomberg News
-- Source link: https://tinyurl.com/mrbcfd7k-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, Jun 27
Stocks
EchoStar jumps after making interest payments, reveals Trump encouraged co, FCC to reach deal
** EchoStar's SATS.O shares jump 14.1% to $29.05, highest since early Mar, after telecom services firm said it would make scheduled interest payments amid ongoing Federal Communications Commission inquiry** According to SEC filing early Fri, SATS said the payments are being made today, within th...
Reuters
Fri, Jun 27
Other
Trump wants EchoStar, FCC to reach 'amicable' deal over wireless licenses, company says
June 27 (Reuters) - President Donald Trump prodded EchoStar Corp SATS.O and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the fate of the company's wireless spectrum licenses, the company said in a filing on Friday.Bloomberg News first rep...
Reuters
Fri, Jun 27
Other
Trump thinks something will happen to settle Russia's war in Ukraine
WASHINGTON, June 27 (Reuters) - U.S. President Donald Trump said on Friday he thinks something will happen in Russia's war in Ukraine that would get it "settled," citing his recent call with Russian President Vladimir Putin but offering no other details."We're working on that one...
Reuters
Fri, Jun 27
Other
Trump says he plans a letter soon telling countries their tariff rate
WASHINGTON, June 27 (Reuters) - President Donald Trump said on Friday he plans to send out a letter over the next week and a half telling countries what U.S. tariff rate they will have to pay.Trump also said at a White House news conference that he was working on trade deals with several countries, ...
Reuters
Fri, Jun 27
Forex
EUR/USD hits multi-year highs as USD struggles despite hotter PCE print
The Euro (EUR) climbs for an eighth consecutive day against the US Dollar (USD) on Friday, as the Greenback remains under pressure amid a combination of political and economic headwinds.
EUR/USD
Fxstreet
Fri, Jun 27
Other
Trump say US will get a lot of mineral rights from Congo
WASHINGTON, June 27 (Reuters) - President Donald Trump said on Friday the United States will get a lot of mineral rights from Congo under an agreement between that country and Rwanda that he will promote during an Oval Office meeting later in the day.
Reuters
Fri, Jun 27
Other
Trump administration to end deportation relief for Haitian migrants
June 27 (Reuters) - The United States will end deportation protections known as temporary protected status for Haitians, the Department of Homeland Security said on Friday. TPS designation for the country will end on Aug. 3 and the termination will be effective on Sept. 2, the department said in a s...
Reuters
Fri, Jun 27
Other
Carmaker Lotus Set To End Production In The UK -FT
June 27 (Reuters) - CARMAKER LOTUS SET TO END PRODUCTION IN THE UK -FTCARMAKER LOTUS IS PLANNING TO STOP PRODUCTION AT MANUFACTURING BASE IN THE UK- FTSource text: https://tinyurl.com/2d2w766b
Reuters
Fri, Jun 27
Stocks
U.S. STOCKS ON THE MOVE-Estee Lauder, TC Energy, Cancer test makers
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Friday, pushing the S&P 500 and the Nasdaq to intraday record highs as investors pinned their hopes on deeper interest-rate cuts and the U.S. strik...
Reuters
Fri, Jun 27
Other
Israel killed 30 Iranian security chiefs and 11 nuclear scientists, Israeli official says
June 27 (Reuters) - Israel killed more than 30 senior security officials and 11 senior nuclear scientists to deliver a major blow to Iran's nuclear ambitions, a senior Israeli military official said on Friday in summarizing Israel's 12-day air war with Iran.The June 13 opening strike on Iran...
Reuters
Fri, Jun 27
Commodities
Suncor Responds To Sheen Observed At Sand Creek Outfall, Near Commerce City Refinery
June 27 (Reuters) - Suncor Energy Inc SU.TO :SAYS RESPONDING TO A SMALL SHEEN OBSERVED AT A SAND CREEK OUTFALL, NEAR COMMERCE CITY, COLORADO REFINERYSAYS PERSONNEL AND EQUIPMENT HAVE BEEN DEPLOYED TO ADDRESS SITUATIONSAYS NO ACTION IS NEEDED AT THIS TIMEREFINERY CAPACITY: 17,463,409 BARRELS PER DAY
Reuters
Fri, Jun 27
Stocks
GRAINS-Chicago corn, soybeans recover from multi-month lows
Corn and soybeans rebound off previous lowsWheat ticks higher on technical tradingBy Heather Schlitz CHICAGO, June 27 (Reuters) - Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.Grain market participants were...
Reuters
Fri, Jun 27
Stocks
UK stocks join global rally on optimism over trade, interest rate path
FTSE 100 up 0.7%, FTSE 250 rises 1.1%JD Sports gains on upbeat Nike forecastFTSE 250 touches 3-yr closing high June 27 (Reuters) - The main UK stock indexes climbed on Friday, with midcaps closing at an over three-year high, driven by global optimism over earnings, trade policies and easy mo...
Reuters
Fri, Jun 27
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