FILE PHOTO: An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, U.S. February 20, 2021. REUTERS/Go Nakamura(Reuters) – The head of Texas’s power regulator told lawmakers on Thursday that any effort to retroactively reduce the power prices levied during a recent storm would lead to lawsuits that the state could lose. The state’s power grid […]

Here are the most important news, trends and analysis that investors need to start their trading day: Dow set to add to Wednesday's record high close Jobless claims not as bad as expected Biden to address nation on coronavirus response WHO declared Covid a pandemic 1 year ago It's Day 2 on NYSE for Roblox and debut for Coupang 1. […]

FILE PHOTO: CVS Pharmacy staff members prepare as COVID-19 vaccinations begin at Life Care Center of Kirkland, a long term seniors care facility which was the focus of attention at the start of the U.S. coronavirus disease outbreaks in March 2020, in Kirkland, Washington, U.S. December 28, 2020.  REUTERS/David Ryder/File Photo(Reuters) – CVS Health is expanding the administration of COVID-19 […]

FILE PHOTO: Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von der Leyen and British Prime Minister Boris Johnson, in Brussels, Belgium December 9, 2020. Olivier Hoslet/Pool via REUTERSLONDON (Reuters) – Britain and the European Union should stop trying to score points in their post-Brexit relationship, the bloc’s ambassador […]

BENGALURU (Reuters) – Investors cut long bets sharply on the Chinese yuan while turning short on most other Asian currencies, a Reuters poll showed, as U.S. economic growth and rising Treasury yields bolstered the dollar.FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/IllustrationExpectation that the U.S. economic recovery will far outpace the […]

HONG KONG (Reuters) – Hong Kong’s High Court released on bail on Thursday one activist charged with conspiracy to commit subversion but remanded another in a widely monitored case that saw the most sweeping use yet of the city’s national security law.A police van arrives at the High Court before a court hearing on the appeal against the bail release […]

FILE PHOTO: Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. REUTERS/Matthew Childs/File Photo(Reuters) – Vir Biotechnology and Britain’s GSK said on Wednesday they planned to seek emergency use authorization (EUA) for their experimental COVID-19 antibody therapy after interim data from a study showed 85% reduction in hospitalization and deaths among patients. An […]

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantSINGAPORE (Reuters) – Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil […]

NEW YORK (Reuters) – Asian stocks were set to open slightly higher, following Wall Street’s momentum, after a report on U.S. consumer prices calmed concerns about inflation, helping steer the Dow Jones Industrial Average to a record close.FILE PHOTO: A man is reflected on a stock quotation board in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonJapan’s Nikkei 225 futures added […]