Stocks up, U.S. yields at 3% as markets ready for Fed hike
World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve's biggest rate hike since 2000.

03-05-2022
World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve's biggest rate hike since 2000.
03-05-2022
Mining companies in South Africa have resorted to trucking coal to ports to meet a surge in European demand since the war in Ukraine started, bypassing the deteriorating rail infrastructure they blame for billions of dollars in lost revenue.
03-05-2022
Norway's $1.2 trillion sovereign wealth fund, the world's largest, expects difficult market conditions in the time to come, affected by geopolitical events and inflation, its chief executive said on Tuesday.
03-05-2022
LONDON (Reuters) -BP recorded its biggest quarterly loss after writing down $24 billion to exit its Russia businesses but a strong operational performance on the back of rocketing oil and gas prices helped the British energy firm step up share buybacks.
03-05-2022
Britain's competition watchdog said on Tuesday that the London Stock Exchange Group and Quantile Group have until May 10 to offer acceptable undertakings to avoid an in-depth investigation into their merger.
03-05-2022
BP boosted its share buyback programme after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy company took a $24 billion charge after exiting its operations in Russia.
03-05-2022
FRANKFURT/MILAN (Reuters) -Stellantis has agreed to buy the Share Now car sharing business from BMW and Mercedes-Benz as the two German groups focus on the software part of their mobility alliance.
03-05-2022
Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key fertilizer from Russia due to the impact of Western sanctions, the head of Nigeria's sovereign investment authority NSIA said.
03-05-2022
TotalEnergies' 240,000 barrels per day Leuna refinery in Germany is set to continue to import Russian crude oil via the Druzhba pipeline at least throughout May, according to two sources with knowledge of the matter.
03-05-2022