Coronavirus may be linked to cases of severe hepatitis in children

A firefighter from the Marins-Pompiers of Marseille (Marseille Naval Fire Battalion) administers a nasal swab to a child at a testing site for coronavirus disease (COVID-19) in Marseille, France, September 17, 2020. REUTERS/Eric Gaillard Register now for FREE unlimited access to Reuters.com Register May 16 (Reuters) – The following is a summary of some recent … Read more

Wall St set for muted open after glum China data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Spirit Airlines surges after JetBlue launches hostile takeover Futures: Dow up 0.13%, S&P flat, Nasdaq off 0.08% May 16 (Reuters) – Wall Street’s … Read more

Stock markets struggle as fears over economy grow

LONDON, May 16 (Reuters) – European stocks slipped on Monday and Wall Street was set for a lower open, as investor sentiment struggled to recover from last week’s sell off amid fears of a slowdown in economic growth. Global shares hit their lowest point in 18 months last week, with investors worried that rising interest … Read more

Take Five: Recession talk justified? Follow the data

A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks are jacking up interest rates into a potentially sharp global growth slowdown. And with jittery investors dumping risk assets en masse, what comes next after a crypto-currency rout is also in focus. Here’s your week … Read more

UAE’s newly elected ruler sees Iran, Islamists as threat to Gulf safe haven

De facto ruler elected president after brother’s death MbZ forged new axis with Israel against Iran, Islamists Perhaps the Gulf’s ‘savviest’ ruler, Obama wrote DUBAI, May 14 (Reuters) – United Arab Emirates strongman Sheikh Mohammed bin Zayed al-Nahyan, who was formally elected president on Saturday, led a realignment of the Middle East that created a … Read more

Ukraine collects Russian dead as war rages on multiple fronts

Hundreds of Russian war dead brought to rail yard Ukraine deputy PM says war “entering new, long phase” Ukraine military photographs show failed Russian river crossing Kyiv says it’s negotiating for evacuation of Mariupol wounded KYIV, May 14 (Reuters) – The bodies of Russian soldiers killed in Ukraine were brought to a rail yard outside … Read more

India bans wheat exports as heatwave curbs output, prices soar

A combine deposits harvested wheat in a tractor trolley at a field on the outskirts of Ahmedabad, India, March 16, 2022. REUTERS/Amit Dave Register now for FREE unlimited access to Reuters.com Register Ban could push global wheat prices to new peaks India was aiming to export 10 mln T wheat prior to the ban Heatwave … Read more

EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, US May 10, 2022. REUTERS/Kaylee Greenlee Beal Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers including Walmart Inc (WMT.N) and Amazon.com … Read more

Musk puts $44 bln Twitter deal ‘temporarily on hold’, shares slide

May 13 (Reuters) – Elon Musk tweeted that his $44-billion deal for Twitter Inc (TWTR.N) was “temporarily on hold” on Friday while he waits for data on the proportion of its fake accounts, sending shares in the social media platform plunging. Tesla CEO Musk, who added that he was still committed to the acquisition, decided … Read more

World stocks clamber off 18-month lows, but markets on recession watch

S&P futures up 1.13%, European stocks gain 0.96% MSCI Asia ex-Japan +1.8%, Nikkei +2.64% Worries over inflation, tightening policy remain Dollar hovers near 20-year highs on safe-haven demand LONDON/SHANGHAI, May 13 (Reuters) – World stocks rose from the previous day’s 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors remained … Read more