After coming under pressure early in the session, treasuries showed a notable turnaround over the course of the trading day on Friday. Bond prices climbed well off their early lows and into positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.5 basis points at 1.782 percent after reaching a high […]

MILAN (Reuters) – As the Omicron variant swept Italy late last year, it was unvaccinated elderly people and those who had not had a booster dose four or more months after their initial shots who were most likely to go to hospital or die from COVID-19, according to data and doctors.FILE PHOTO: A man wearing a face mask waits for […]

Tuesday morning trading, it appears to be the latter. IBM got a nice bump after reporting a beat on both the top and bottom lines, and the stock traded up by around 2.7% shortly before noon on Tuesday. Steel Dynamics also scored a twin beat, but the stock traded down by 2.2%, even though guidance was strong. As for companies […]

Was Monday afternoon’s sharp rise in equity prices the real thing or just a head fake? Judging by Tuesday morning trading, it appears to be the latter. IBM got a nice bump after reporting a beat on both the top and bottom lines, and the stock traded up by around 2.7% shortly before noon on Tuesday. Steel Dynamics also scored […]

Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. […]

BERLIN (Reuters) – German Chancellor Olaf Scholz’s three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable energy source in a formal letter to Brussels, ministers said on Saturday.FILE PHOTO: A general view of the nuclear power plant, whose last unit will be shut down at the turn of […]

Slideshow ( 2 images )PARIS (Reuters) – France’s Constitutional Council on Friday approved – with conditions – the country’s new COVID-19 vaccine pass, which will require people aged 16 and above to show proof of vaccination to enter public places like bars, restaurants and cinemas. The new pass is part of President Emmanuel Macron’s drive to make life difficult enough […]