Shares recover even as growth, inflation fears linger

Blank prices are displayed in the stock quotation boards at the Tokyo Stock Exchange (TSE) after the TSE temporarily suspended all trading due to system problems in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato/Files Register now for FREE unlimited access to Reuters.com register LONDON, May 17 (Reuters) – Global shares recovered on Tuesday on optimism … Read more

Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for … Read more

The Staircase: Did Michael Peterson’s bisexuality play a part in his conviction?

The latest episode of The Staircase has everyone asking one question: Did Michael Peterson’s bisexuality play an unfair role in his conviction for killing his wife? It’s hard to talk about the murder trial of Michael Peterson without talking about his bisexuality. The question of whether Michael killed his wife Kathleen Peterson is the subject … Read more

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on … Read more

Wall Street’s losses worsen as markets tumble worldwide

NEW YORK (AP) — Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates. The S&P 500 was 2.1% lower in afternoon trading after coming off its fifth straight losing week, its longest … Read more

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

LONDON, May 9 (Reuters) – The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action by Washington to address global supply or price … Read more

Kicking the China habit: South Korea hunts tungsten treasure

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital boom fuel demand for rare minerals China is preeminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

Top travel destinations revealed, tips on how to stay safe post-Covid

Research shows most Aussies will travel in the next two years, but the pandemic has changed the way we plan our holidays. Here is what you need to know. A whopping 92 per cent of Australians are expected to travel in the next two years, new research shows, but three in four holiday-makers will be … Read more

Indian director Rajamouli scores a global hit with new film RRR | Cinema News

New Delhi, India – “I only know big emotions,” says SS Rajamouli, currently India’s most commercially successful film director. Rajamouli, who makes films in Telugu, a language spoken in the southern Indian states of Andhra Pradesh and Telangana, is talking about his latest blockbuster hit, RRR – India’s second most expensive film and its third … Read more

Why interest rate rises and inflation strategy could lead to economic burnout

Inflation and interest rises are causing huge pressures for everyday Aussies – and there’s a worrying sign we’re heading for “economic burnout”. On Wednesday, the release of the latest inflation figures from the Australian Bureau of Statistics revealed that Australian inflation was well and truly outside of the Reserve Bank’s target band of 2-3 per … Read more