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Economy

Chip stocks rise, Microsoft probe, OPEC postpones meeting – what’s moving markets

Investing.com — Global chip stocks are trading higher on Thursday while U.S. markets are closed for the Thanksgiving holiday. OPEC has postponed…
Economy

Australia central bank says inflation too high for near-term rate cut

By Wayne Cole SYDNEY (Reuters) – Australia’s top central banker said on Thursday that core inflation was too high to allow for…
Economy

Turkish cenbank sees high food prices hitting November inflation

ISTANBUL (Reuters) – The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent…
Economy

Explainer-Could the ECB help France if borrowing costs surge further?

FRANKFURT (Reuters) – The European Central Bank is once again facing questions over whether it would shore up France’s rattled bond market…
Economy

China warns of ‘necessary actions’ if US escalates chip curbs

(Reuters) – China warned on Thursday it would take “necessary actions” to protect Chinese firms if the U.S. escalated chip control measures,…
Stock

European stocks rebound, Remy Cointreau struggles

Investing.com — European stock markets are set to open higher Thursday, showing signs of recovery after a lackluster session the day before….
Stock

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

(Reuters) – Reliance Industries (NS:RELI)’ U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million,…
Stock

Sofas become points of purchase as Americans shop with their phones on Thanksgiving

By Arriana McLymore NEW YORK (Reuters) – U.S. holiday shoppers have big plans to use small screens for a head start this…
Stock

UK budget shows government doesn’t understand business, says retail veteran

LONDON (Reuters) – Britain’s tax raising budget shows the government does not understand business and it will drive prices higher, restrict pay…
Stock

World markets head for reality check after month of Trump

By Naomi Rovnick, Dhara Ranasinghe and Nell Mackenzie LONDON (Reuters) – November was a month of clear winners and losers from Donald…
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