Morning Bid: BOJ excites, Dow unlucky but Intel jumps
A look at the day ahead in U.S. and global markets from Mike DolanThe Bank of Japan added its own...
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Italy eyes 19 bln euros in energy investments as it reviews post-COVID plan
Italy in talks with EU to overhaul post-COVID planSome 2.3 bln euros would go to power and gas gridsItaly reiterates...
Italian gas group Snam seeks to tap EU green energy funds
MILAN, July 27 (Reuters) - Italy's state-controlled gas grid operator Snam (SRG.MI) said on Thursday it expected to get a financial support for some of its projects from the European Union's REPowerEU green energy scheme.The Italian government, which is struggling to spend 191.5 billion euros ($210.59 billion) of EU post-COVID funds by 2026, wants to shift some of that money to REPowerEU projects.According to a document released by the government, Rome could spend in total 19 billion euros ($21 billion) under the REPowerEU, with more than 400 million euros earmarked...
Morning Bid: ECB to follow Fed hike, Meta surges
A look at the day ahead in U.S. and global markets from Mike DolanWith markets still betting Wednesday's interest rate...
Morning Bid: Soft landing swings into view
A look at the day ahead in European and global markets from Brigid RileyIs the most aggressive U.S. hiking cycle...
Asian shares climb after Fed hikes as expected; eyes on Europe, Japan
SYDNEY, July 27 (Reuters) - Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate rise...
Morning Bid: Markets brace for Fed decision, earnings flood
A look at the day ahead in European and global markets from Brigid RileyAll eyes are on the Federal Reserve...
UPS, union avert strike with planned 5-year deal, more pay
July 25 (Reuters) - UPS (UPS.N) and its Teamsters union have signed a tentative contract deal for about 340,000 U.S. workers at the parcel delivery firm, one week ahead of a threatened strike that could have cost the economy billions and disrupted a quarter of the nation's package shipments.Tuesday's agreement, which must be ratified by union members, cinches another win for transportation labor groups. Railroad, airline and West Coast seaport workers have all seen their bargaining hand strengthened by labor shortages and public support for those who risked their lives...
Global equities, US yields gain ahead of Fed, corporate results
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File photoWall Street stocks gainU.S. Treasury yields advanceOil prices hit three-month highDollar index weakens; Safe-haven gold risesNEW YORK, July 25 (Reuters) - Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Federal Reserve's expected interest rate hike and as markets awaited a stream of quarterly results from corporate heavyweights.Fed officials are gathering for their July monetary policy meeting, starting on Tuesday, where the central bank's...
Global shares, U.S. yields rise as investors eye rates, earnings
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. REUTERS/Andrew Kelly/File PhotoWall Street stocks gainBenchmark 10-year yields riseU.S. dollar advancesOil prices climb 2%Safe-haven gold prices little changedNEW YORK, July 24 (Reuters) - Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve, as well as corporate earnings that may shed light on the state of the economy.An overwhelming majority of traders...