Notizia

The dollar edged lower on Friday, but was still set for a sixth straight week of gains as investors remained concerned about the possibility of global growth slowing and Federal Reserve policy tilting the U.S. into a recession.

Global shares rose on Friday and investor sentiment stabilized after a volatile week of trading, helping to push up stock indexes in the United States and Europe.

Battered U.S. and German government bond markets have just put in their best weekly performance since early March, suggesting a painful surge in yields due to high inflation may finally be abating as the focus turns to growth fears.

Canada's competition bureau said on Friday that its decision to start litigation to block Rogers Communications' C$20 billion ($15.5 billion) bid for Shaw Communications does not prevent the parties and the bureau from reaching a settlement.

Gold fell more than 1% on Friday, set for its fourth straight weekly decline, as the dollar's strong run with more aggressive U.S. interest rates on the horizon sapped appetite for bullion.

(Reuters) -Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts.

A package of sanctions imposed on Russia, its top companies and its business and political elite over Moscow's invasion of Ukraine look set to trigger a deep recession in Russia.

LONDON (Reuters) -Some Swedish Match investors are divided about whether Philip Morris' $16 billion offer for the Stockholm-based company is good value for one of the world's biggest makers of oral nicotine products.

U.S. import prices were unexpectedly flat in April as a decline in the cost of petroleum offset gains in food and other products, a further sign that inflation has probably peaked, though it will remain elevated.