European shares rise as defensives rally, hawkish Fed weighs

Healthcare stocks helped European shares recover on Thursday from their worst session in a month, even as hawkish Federal Reserve minutes and Washington's new sanctions against Russia kept investors cautious.

newspaper

07-04-2022

Japan's Seven & i to reshape board as part of focus on global expansion

TOKYO (Reuters) -Japanese retailer Seven & I Holdings Co said on Thursday it would revamp its board of directors as it seeks to accelerate overseas growth.

newspaper

07-04-2022

Oil rises from 3-week low as supply concerns linger

MELBOURNE/BEIJING (Reuters) -Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency reserves, as worries over tight supplies still clouded the market outlook.

newspaper

07-04-2022

UK financial watchdog pledges to shut down problem firms faster

Britain's financial watchdog said on Thursday it will create 80 new roles to shut down problem companies faster as it faces pressure from lawmakers to tackle a rising volume of scams.

newspaper

07-04-2022

Seven & i to reshape board so that majority are external members

Japanese retailer Seven & I Holdings Co plans to restructure its board of directors so that more than half are from outside the company, it said on Thursday.

newspaper

07-04-2022

China's JD.com promotes Lei Xu to CEO as founder Liu steps back

JD.com Inc promoted its president, Lei Xu, as chief executive officer on Thursday to succeed founder Richard Liu, officially handing him the reins of the Chinese e-commerce company after he performed the role for several months.

newspaper

07-04-2022

Oil rises from 3-week low as tight supply concerns linger

MELBOURNE/BEIJING (Reuters) -Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency reserves, with worries over tight supply still clouding the market outlook.

newspaper

07-04-2022

Surging prices nudge Asia's reluctant central bank hawks off the sidelines

Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic lows, as the Ukraine war blows consumer prices well out of policymakers' comfort zones.

newspaper

07-04-2022

Oil gains $1 as emergency oil release seen as band-aid

Oil prices clawed back some losses on Thursday after tumbling more than 5% to a three-week low in the previous session after consuming nations announced a huge release of oil from emergency reserves to offset supply lost from Russia.

newspaper

07-04-2022