(Reuters) -The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling COVID-19 cases in major financial hubs, after sending most employees home early last year to help stem the...
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Warning signs for global recovery as Delta dims outlook
(Corrects ratio in final paragraph to copper/gold) By Saikat Chatterjee and Ritvik Carvalho LONDON (Reuters) – A drubbing in world equity markets and a huge flight to safety into U.S. Treasuries this week suggests investors now...
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Wall Street ends higher, powered by strong earnings, economic cheer
By Stephen Culp NEW YORK (Reuters) – Wall Street stocks posted their second straight daily gain on Wednesday, with robust corporate earnings and renewed optimism about the U.S. economic recovery fueling a risk-on rally. All three...
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U.S., Germany strike Nord Stream 2 pipeline deal to push back on Russian ‘aggression’
By Simon Lewis and Andrea Shalal WASHINGTON (Reuters) -The United States and Germany on Wednesday unveiled an agreement on the Nord Stream 2 gas pipeline under which Berlin pledged to respond to any attempt by Russia to use energy as a...
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Partisan fight brews as forecaster warns U.S. could hit debt limit by fall
By Richard Cowan WASHINGTON (Reuters) -The U.S. Treasury Department is projected to exhaust its borrowing authority in October or November, the Congressional Budget Office said on Wednesday, as a partisan fight over raising the...
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U.S. dollar slips as risk sentiment picks up, but keeps positive outlook
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The safe-haven dollar on Wednesday pulled back from more than three-month highs as risk appetite made a comeback with stocks higher, although investors remained cautious amid inflation fears...
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