June 23 (Reuters) - Sales of Juul e-cigarettes were blocked by the US Food and Drug Administration on Thursday, in a major blow to the once high-flying firm whose products have been tied to a surge in … [Read more...] about US bans sales of Juul e-cigarettes, company to seek stay on enforcement
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Recession fear stalks oil, copper and stocks
LONDON, June 23 (Reuters) - Global markets fell on Thursday as investors worried that further rises in interest rates to what decades-high inflation would tip economies into recession.The German … [Read more...] about Recession fear stalks oil, copper and stocks
Oil falls around 3% as investors eye US Fed rate hikes
A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/Register now … [Read more...] about Oil falls around 3% as investors eye US Fed rate hikes
Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute
DOHA, June 22 (Reuters) - Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between … [Read more...] about Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute
Stock rally fizzles on revived inflation fears
Employees of the foreign exchange trading company Gaitame.com work in front of monitors showing the Japanese yen exchange rate against the US dollar, the euro and Nikkei share average at its dealing … [Read more...] about Stock rally fizzles on revived inflation fears
US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits
WASHINGTON, June 21 (Reuters) - The US Supreme Court on Tuesday rejected Bayer AG's (BAYGn.DE) bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer as the German … [Read more...] about US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits
Anticipating US downturn, Elon Musk details Tesla staff cuts
DOHA, June 21 (Reuters) - Elon Musk, CEO of Tesla (TSLA.O), said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted a US … [Read more...] about Anticipating US downturn, Elon Musk details Tesla staff cuts
Wall Street set for bounceback but recession risk keeps investors cautious
LONDON, June 21 (Reuters) - Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week's 17-month lows, but major central … [Read more...] about Wall Street set for bounceback but recession risk keeps investors cautious
Biggest rail strike in 30 years brings UK to standstill
More than 40,000 rail workers set to strikeGovernment under pressure over cost-of-living crisisUnions say strike may start 'summer of discontent'LONDON, June 21 (Reuters) - Britain's biggest rail … [Read more...] about Biggest rail strike in 30 years brings UK to standstill
Crypto’s latest meltdown leaves punters bruised and bewildered
LONDON/MUMBAI/ANKARA, June 21 (Reuters) - For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit … [Read more...] about Crypto’s latest meltdown leaves punters bruised and bewildered