FILE PHOTO: Gardeners work outside the National Stock Exchange (NSE) building in Mumbai, India, August 16, 2018. REUTERS/Francis Mascarenhas/File PhotoBENGALURU (Reuters) – India’s Nifty 50 hit a record high on Thursday, boosted by energy and information technology stocks, with investors eyeing the central bank’s policy meeting outcome later this week where it is expected to keep rates at record lows. […]

TOKYO (Reuters) – Oil prices rose for a third day on Thursday on expectations for a surge in fuel demand, particularly in the United States and Europe and China, later this year at the same time major producers are maintaining supply discipline.FILE PHOTO: Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October […]

Mudrick Capital raised eyebrows on Tuesday when it bought 8.5 million shares of AMC Entertainment through an offering from the theater chain, then, according to Bloomberg News, flipped all of that stock for a tidy profit in the very same day. But the distressed investment firm could have made a lot more money if it held onto its shares in […]

FILE PHOTO: Jane Hassebroek speaks with a healthcare professional after receiving the COVID-19 vaccine at the American Museum of Natural History in Manhattan, New York City, New York, U.S., May 14, 2021. REUTERS/Caitlin Ochs(Reuters) – The United States had administered 296,912,892 doses of COVID-19 vaccines in the country as of Wednesday morning and distributed 366,977,535 doses, the U.S. Centers for […]

The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration(Reuters) – U.S. hedge fund Elliott Management has taken a sizable stake in file-sharing service provider Dropbox Inc, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Elliott has told Dropbox it is the company’s largest shareholder after Chief […]

Slideshow ( 2 images )BUENOS AIRES (Reuters) – Argentina will begin to produce the Sputnik V COVID-19 vaccine locally after test batches from the South American country passed quality tests conducted by Russia’s Gamaleya Institute, health minister Carla Vizzotti said on Wednesday. In April, Argentine firm Laboratorios Richmond produced test batches of the vaccine, with plans to scale up once […]

(Reuters) -European stocks stayed near record levels on Wednesday, helped by energy and consumer stocks, while strong economic data from the United States and Europe buoyed investor sentiment in a mostly quiet day of trading.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 2, 2021. REUTERS/StaffThe pan-European STOXX 600 index traded 0.3% […]

FILE PHOTO: The Apple Inc logo is shown outside the company’s 2016 Worldwide Developers Conference in San Francisco, California, U.S. June 13, 2016. REUTERS/Stephen Lam/File PhotoBRUSSELS (Reuters) – The European Consumer Organisation (BEUC) lobby group on Wednesday backed the European Union’s antitrust case against Apple which alleges it distorts competition in the music streaming market. The European Commission filed its […]