UK regulator launches probe into LME nickel trading halt

LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible misconduct after the London Metal Exchange's decision last year to halt nickel trading.

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03-03-2023

China Feb services activity jumps sharply as demand recovers- Caixin PMI

Activity in China's services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 restrictions revived customer demand, driving a solid increase in employment, a private sector survey showed on Friday.

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03-03-2023

Dell results beat on server, network demand; CFO to retire

Dell Technologies Inc on Thursday beat estimates for quarterly revenue and profit on strong demand for servers and network equipment that more than offset declines in the core PC segment, sending its shares up nearly 6% in extended trading.

newspaper

02-03-2023

Stocks, dollar power higher on 'slow and steady' rate hopes

(Reuters) -Wall Street stocks reversed losses to end higher on Thursday, and U.S. government bond yields tempered gains, as investors digested strong economic data and signals of a measured interest rate approach from the Federal Reserve.

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02-03-2023

Dell revenue beats as server, network demand offsets PC weakness

Dell Technologies Inc posted a smaller-than-expected fall in quarterly revenue on Thursday, as demand for servers and network equipment from large businesses helped cushion sluggish PC sales.

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02-03-2023

Wall St stocks, dollar power higher despite rate fears

(Reuters) -Global stock markets gained on Thursday, reversing earlier losses, as investors weighed indicators of economic strength with rising bond market costs and expectations of more global interest rate hikes.

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02-03-2023

Stocks mixed, dollar gains after robust inflation, jobs data

(Reuters) -Stock markets were mixed on Thursday, pressured by rising bond market costs as stubbornly high European inflation and U.S. jobless claims data fuelled expectations of more global interest rate rises.

newspaper

02-03-2023

Lithium miner SQM's profit more than triples on EV demand

(Reuters) -Chile's SQM, the world's second-largest lithium producer, on Thursday posted fourth-quarter net profit more than triple that of a year earlier, just beating estimates on surging demand and tight supplies for the white metal.

newspaper

02-03-2023

Stocks wilt, dollar gains after robust inflation, jobs data

(Reuters) -Stock markets sputtered on Thursday, pressured by a pullback in Chinese shares and rising bond market costs as stubbornly high European inflation and U.S. jobless claims data fuelled expectations of more global interest rate rises.

newspaper

02-03-2023