(Corrects spelling of Icahn in headline)FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo(Reuters) -Activist investor Carl Icahn said on Thursday he plans to start a tender offer for shares in Southwest Gas Holdings Inc and launch a proxy battle to replace […]

U.S. markets added to their premarket gains on Thursday, with all sectors higher as of the noon hour. Materials (up 1.8%), tech (up 1.6%), and health care (up 16%) led the charge. Yields on 10-year Treasuries were down a couple of basis points, despite a jump in Thursday’s report on the Producer Price Index. This may indicate a waning in […]

PARIS (Reuters) – French President Emmanuel Macron is building an election campaign machine stacked with former conservative insiders, because he has realised he needs to win over more centre-right voters to secure a second term next year.FILE PHOTO: French President Emmanuel Macron delivers a joint statement with Chile’s President Sebastian Pinera (not seen) after a meeting at the Elysee Palace […]

Russia has hinted it could move away from dollar-denominated oil if the U.S. continues to impose targeted sanctions. Asked whether crypto could be used as an alternative to the greenback, President Vladimir Putin said it was "too early to say." "I believe that it has value," he told CNBC Wednesday. "But I don't believe it can be used in the […]

FILE PHOTO: People walk in front of the Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil, October 16, 2019. Picture taken October 16, 2019. REUTERS/Sergio MoraesSAO PAULO (Reuters) – State-controlled Brazilian oil company Petroleo Brasileiro SA, known as Petrobras, confirmed in a securities filing on Thursday that a group led by Aguila Energia offered more than $1.5 […]

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo/File PhotoWASHINGTON (Reuters) – A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazon and Alphabet’s Google, from favoring their products and services. The bill is one of […]

FILE PHOTO: BMW German luxury carmaker new CEO Oliver Zipse, speaks at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. September 10, 2019. REUTERS/Wolfgang Rattay/File PhotoNUERTINGEN, GERMANY (Reuters) – Germany’s BMW will be ready for any ban on internal combustion engine (ICE) cars from 2030 onwards with an offering of electric vehicles, Chief Executive Officer Oliver Zipse said on […]

BEIJING (Reuters) – China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel to ease an energy crunch that is fuelling unprecedented factory gate inflation.FILE PHOTO: A truck transports coal at a coal-fired power plant in Shenyang, Liaoning province, China September 29, 2021. REUTERS/Tingshu Wang/File […]

After fluctuating early in the session, treasuries moved to the upside over the course of the trading day on Wednesday. Bond prices moved higher as the morning progressed and remained firmly positive throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price fell by 3.1 basis points to 1.549 percent. The upward move […]