(Corrects 13th paragraph of Feb 3 article to say Elie Girard departed, not that he was ousted) By Mathieu Rosemain and Julien Ponthus PARIS (Reuters) – The French government holds the final keys to any move to buy the BDS...
READ MORE
Meta’s share price wipe-out shakes world tech stocks
By Danilo Masoni, Akash Sriram and Noel Randewich (Reuters) – Shares of Facebook owner Meta plummeted 26% on Thursday, the biggest single-day slide in market value for a U.S. company, after the social media giant issued a dismal...
READ MORE
World stocks fall on central banks’ inflation outlooks, glum Facebook update
By Katanga Johnson WASHINGTON (Reuters) – Global equity markets slumped lower on Thursday while gold prices steadied and the dollar weakened as frightened investors digested disappointing updates from major central banks about the...
READ MORE
U.S. oil busts through $90/bbl for first time since 2014
By David Gaffen NEW YORK (Reuters) -Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across...
READ MORE
Facebook-owner Meta was popular stock for hedge funds before the slide
By Maiya Keidan TORONTO (Reuters) -Facebook owner Meta Platforms Inc was widely held by hedge funds, according to recent data, leaving a number of funds potentially exposed by the wipe-out in its shares. Shares of Meta on Thursday touched...
READ MORE
Euro rises to three-week high vs dollar after ECB’s Lagarde turns hawkish
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro surged to a three-week high against the U.S. dollar on Thursday after comments from European Central Bank President Christine Lagarde fuelled expectations of faster policy...
READ MORE