LONDON (Reuters) – Global stocks slipped and cryptocurrencies sank deeper on Wednesday as a threat of unwanted inflation had investors shy away from assets seen as vulnerable to any removal of monetary stimulus.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2021. REUTERS/StaffDigital coins were also under pressure from […]

GAZA/JERUSALEM (Reuters) -Israel said on Wednesday it was not setting a timeframe for an end to hostilities with Gaza as its military pounded the Palestinian enclave with air strikes and Hamas militants unleashed new cross-border rocket attacks. Palestinian medical officials said 219 people had now been killed in 10 days of aerial bombardments which have destroyed roads, buildings and other […]

FILE PHOTO: A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. REUTERS/Brendan McDermid/File Photo(Reuters) -Target Corp beat estimates for quarterly profit and sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to its stores and spend their stimulus checks on home goods, clothes […]

LONDON (Reuters) – The dollar hovered around its lowest levels of the year against major currencies on Wednesday as inflation-wary traders awaited U.S. Federal Reserve minutes and China’s tough stance on cryptocurrencies sent bitcoin and Ether tumbling down.FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. […]

BERKELEY, Calif. (Reuters) -The family office run by “Big Short” investor Michael Burry has disclosed a large bearish bet via options on Tesla Inc.FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew ChildsScion Asset Management said in a regulatory filing on Monday that it had put options on 800,100 […]

The number of March quarter earnings reports we expect to see this week has dipped to around 200. Traditional retailers will be among the most-watched for first-quarter results, along with selected firms in other sectors including electric vehicles, online gaming and a sprinkling of tech companies. On Monday, we previewed four companies releasing earnings reports Tuesday afternoon or Wednesday morning: […]

FILE PHOTO: Vials with a sticker reading, “COVID-19 / Coronavirus vaccine / Injection only” and a medical syringe are seen in front of a displayed Johnson & Johnson logo in this illustration taken October 31, 2020. REUTERS/Dado Ruvic/File PhotoNEW DELHI (Reuters) – India’s Biological E. will produce the Johnson & Johnson COVID-19 vaccine alongside its own candidate, its managing director […]

BRUSSELS (Reuters) – Leaders of the world’s largest economies back “voluntary licensing” of COVID-19 vaccine patents, the draft conclusions of a summit show, watering down a U.S. push for waivers and earlier commitments to supply more funds to the World Health Organization.FILE PHOTO: Vials labelled “AstraZeneca, Pfizer – Biontech, Johnson&Johnson, Sputnik V coronavirus disease (COVID-19) vaccine” are seen in this […]

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2021. REUTERS/Staff(Reuters) – European stocks neared record high on Tuesday on optimism around several countries easing economic restrictions, falling unemployment rate in the United Kingdom and strong earnings reports from companies. The pan-European STOXX 600 index rose 0.7% by 0716 […]