S&P 500 ends lower as Apple falls and traders watch Powell’s speech

S&P 500 ends lower as Apple falls and traders watch Powell’s speech

Investors look to Powell’s speech for clues on interest rates US consumer confidence fell in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended with losses in Apple and Amazon on Tuesday ahead of an upcoming speech by U.S. Federal Reserve Chairman Jerome Powell that could signal the … Read more

HSBC’s $10 billion dividend from the sale of RBC’s Canadian unit

HSBC’s  billion dividend from the sale of RBC’s Canadian unit

The deal comes under pressure from a Chinese shareholder Analysts hail a “sensible” transaction The bank could return the proceeds from the deal to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC ( HSBA.L ) agreed to sell its Canadian business to Royal Bank of Canada ( RY.TO ) for C$13.5 billion ($10 billion) in … Read more

Stocks and oil rise on hopes of looser COVID restrictions in China

Stocks and oil rise on hopes of looser COVID restrictions in China

Euro STOXX 600 up 0.4% Oil prices rebound on Chinese hopes, talk of production cuts The dollar falls as investors seek riskier assets Chinese property stocks rose on political support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil rose on Tuesday on hopes that public unrest in China could prompt an earlier easing of … Read more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea’s nuclear test, calls on China to do more

Exclusive: South Korea’s Yoon warns of unprecedented response to North Korea’s nuclear test, calls on China to do more

SEOUL, Nov 29 (Reuters) – South Korean President Yoon Suk-yeol warned of an unprecedented joint response with allies if North Korea proceeds with a nuclear test and called on China to help deter the North from pursuing banned nuclear weapons and missile development. . In a wide-ranging interview with Reuters on Monday, Yoon called on … Read more

Wall Street closes sharply, hit by Apple and China concerns

Wall Street closes sharply, hit by Apple and China concerns

Cyber ​​Monday spending to hit $11.6 billion – report Crypto stocks fall after BlockFi’s bankruptcy filing Biogen after death in Alzheimer’s drug trial End of indices: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against tough COVID-19 policies raised … Read more

Elon Musk: Apple has threatened to pull Twitter from the App Store

Elon Musk: Apple has threatened to pull Twitter from the App Store

Nov 28 (Reuters) – Elon Musk accused Apple Inc. ( AAPL.O ) from threatening to block Twitter Inc from its app store without saying why in a series of tweets on Monday that also said the iPhone maker had stopped advertising on the social media platform. . The billionaire CEO of Twitter and Tesla said … Read more

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

The filing follows weeks after the collapse of FTX FTX is listed as BlockFi’s #2 lender Bitcoin is down more than 70% from its 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest cryptocurrency casualty following the spectacular collapse of the FTX … Read more

Exclusive: The US and Russia used their military hotline once during the war in Ukraine

Exclusive: The US and Russia used their military hotline once during the war in Ukraine

WASHINGTON, Nov 28 (Reuters) – A line of communication established between the armies of the United States and Russia at the start of Moscow’s war against Ukraine has so far been used only once, a U.S. official told Reuters. The official, who spoke on condition of anonymity, said the United States launched the call through … Read more

China’s anti-blocking protests have spread to campuses and cities abroad

China’s anti-blocking protests have spread to campuses and cities abroad

HONG KONG, Nov 28 (Reuters) – Protests against China’s strict zero-covid policy and restrictions on freedoms spread to at least a dozen cities around the world over the weekend in a show of solidarity with rare shows of defiance in China. Expatriate dissidents and students held smaller vigils and protests in cities around the world, … Read more

Exclusive: Tesla Prepares Redesigned Model 3 With Project ‘Highland’ Resources

Exclusive: Tesla Prepares Redesigned Model 3 With Project ‘Highland’ Resources

Nov 28 (Reuters) – Tesla ( TSLA.O ) is developing a redesigned version of the Model 3, according to four people with knowledge of the effort, as the electric car major aims to lower production costs and boost the appeal of the five-year-old electric sedan. One goal of the redesign, codenamed “Highland,” is to reduce … Read more