Wall St gains as economic data allays growth concerns

(Reuters) – U.S. stocks rallied on Friday, boosted by upbeat earnings, strength in consumer spending and signs that inflation was peaking, easing worries about a sharp slowdown in economic growth.Slideshow ( 2 images )All of the 11 major S&P sectors

'Pay more attention' Ethereum co-founder says of crypto crash

FILE PHOTO: Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationDAVOS, Switzerland (Reuters) – Ethereum’s co-founder Gavin Wood said cryptocurrency investors need to be more aware of

Diana Clement: Why a banana is a two-fingered salute to inflation

Sometimes there is a silver lining in a crisis. Ongoing inflation has made me reassess spending. Like most people, I’m at risk of lifestyle inflation. Erstwhile luxuries somehow become twisted into “necessities”. Rampant inflation is a timely reminder about mindless

Boeing sees progress on 787, China, but supply chain risks loom

SEATTLE (Reuters) – Boeing Co said on Wednesday it would study an equity raise after unlocking deliveries of its 787 and returning its cash-cow 737 MAX to service in China, but flagged supply chain risks amid broader certification and industrial

Asian stocks retreat as China's lockdowns stir recession worries

SYDNEY (Reuters) – Asian markets were in retreat on Monday as U.S. stock futures slid on rate worries, and a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession.FILE PHOTO: A man wearing a protective mask,

UK's Capco and Shaftesbury in talks about $4 billion merger – Sky News

A general view of The Lyric Theatre and The Apollo Theatre on Shaftesbury Avenue, in London, Britain, March 15, 2021. Picture taken March 15 2021. REUTERS/Henry Nicholls/File Photo(Reuters) – London’s West End focused commercial landlords Capital & Counties Properties Plc

Factbox-EU proposes toughest sanctions yet against Russia

BRUSSELS (Reuters) – The European Commission on Wednesday proposed its sixth and toughest round of sanctions against Russia yet that could be signed off by ambassadors of EU governments later in the week.FILE PHOTO: The European Union flags flutter ahead