adminSpanish olive oil hit by US ports strike, no alternative routes seen
MADRID (Reuters) – Olive oil exporters in Spain, the world's biggest producer, have warned there are no viable alternative routes to the lucrative U.S market amid a strike at U.S.…
More Americans file for unemployment benefits last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000…
Tesla stock drops 3% after Q3 deliveries fall short of estimates
Tesla (TSLA) announced third quarter deliveries on Wednesday that slightly missed expectations, sending the stock down about 3%. The EV maker delivered 462,890 vehicles in the three months ending Sept.…
Oil Options Show Market Sees Further Gains on Middle East Risks
(Bloomberg) — Oil options show investors are betting prices will rise further as escalating hostilities between Israel and Iran raise the risk that energy infrastructure or crude tankers will be…
Oil Climbs for Third Day as Middle East Supply Risks Dominate
(Bloomberg) — Oil rose for a third day as traders assessed supply risks in the Middle East, with Israel expected to make a retaliatory strike against Iran following Tehran’s missile…
Oil rises as Middle East conflict deepens, gains capped by global supply outlook
(Reuters) – Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against…
Banxico Must Stay Restrictive to Slow Services Inflation, Heath Says
(Bloomberg) — Mexico’s central bank should maintain a restrictive monetary policy stance so long as services prices remain elevated, according to bank Deputy Governor Jonathan Heath. Most Read from Bloomberg…
Plentiful oil supply dampens industry reaction to rising geopolitical tensions
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) – The oil industry and markets have had a muted reaction to rising tensions in the Middle East, a sign of just…
Tech market values jump in September on Fed rate cuts, AI optimism
(Reuters) – The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies,…
Finance firms more worried about global economy, BoE survey finds
LONDON (Reuters) – Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest level since the second half of 2019,…
