By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -European shares, the S&P 500 and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors...
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U.S. regulators urge financial firms to quickly ditch Libor rate benchmarks
By Pete Schroeder and Katanga Johnson WASHINGTON (Reuters) -U.S. financial regulators urged market participants on Friday to accelerate their efforts to detach financial products from Libor interest rate benchmarks, while casting doubt on...
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Oil hits multi-year highs in third weekly gain on demand recovery
By Laila Kearney NEW YORK (Reuters) -Oil prices reached fresh multi-year highs on Friday, closing out a third straight week of gains on an improved outlook for worldwide demand as rising COVID-19 vaccination rates help lift pandemic...
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Cruise lines say no change in sailing plans after new COVID-19 cases
By Praveen Paramasivam and Nivedita Balu (Reuters) – Royal Caribbean Group and Carnival Corp will push ahead with a return to cruises this summer despite two guests onboard a test run for Royal Caribbean’s Celebrity Millennium...
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G7 leaders agreed to keep the money taps open -source
By Guy Faulconbridge CARBIS BAY, England (Reuters) -Leaders of the Group of Seven rich nations were in broad agreement about the need to continue supporting their economies with fiscal stimulus after the ravages of the COVID-19 pandemic,...
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Dollar looks stronger as euro and sterling dip
By Sinéad Carew NEW YORK (Reuters) – The euro and sterling dipped against the dollar on Friday as investors bet interest rates would stay lower for longer in Europe and Britain while looking ahead to next week’s U.S. monetary...
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