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

Baby giraffe in US zoo fitted with custom leg braces to help it walk properly

A baby giraffe born in a US zoo with a life-threatening leg condition has been fitted with customised, human medical-grade leg braces to help her walk. Key points: Msituni was born with hyperextended carpi — which made her front limb bend the wrong way Vets at the San Diego Zoo Safari Park reached out to … 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

Explainer: Can Elon Musk renegotiate a lower price for his Twitter deal?

May 11 (Reuters) – Twitter Inc (TWTR.N) shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions about whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing … 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