Page 168 - Rep News Today

London's FTSE 100 edged lower on Thursday as investors remained concerned about the U.S. Fed's rate hike trajectory after Chair Jerome Powell talked about high inflation, though gains in Shell after its quarterly results limited declines.

Britain's services sector kicked off the second quarter with its fastest growth in a year, boosted by new orders, but it passed the cost of rising wage bills on to consumers, adding pressure on the Bank of England to keep raising interest rates.

The South African rand firmed in early trade on Thursday, as the U.S. dollar fell against most major currencies following comments from the Federal Reserve that suggested it may stop hiking rates.

Climate shocks could push millions of Brazilians into extreme poverty by 2030, a report by the World Bank on Thursday said, urging the country to accelerate investments towards renewable energy sources.

A look at the day ahead in U.S. and global markets from Mike Dolan

Texas is emerging as an unlikely catalyst for energy transition efforts across the United States by rolling out clean energy supplies at a faster pace than long-time renewables hub California and the rest of the country.

Augur (REP) traded 1.2% higher against the dollar during the 1 day period ending at 11:00 AM Eastern on May 4th. One Augur token can currently be bought for about $7.18 or 0.00024854 BTC on cryptocurrency exchanges. Augur has a total market cap of $78.99 million and approximately $1.13 million worth of Augur was traded […]

Saudi Arabia, the world's top oil exporter, has cut the price of its June flagship crude to Asian buyers for the first time in four months, following a plunge in refining margins.

Shopify is finding that simpler is better after all. The Canadian e-commerce firm said on Thursday that it is cutting staff by 20% and selling its logistics arm to freight company Flexport in exchange for a 13% equity interest, to add to Shopify's existing small stake. Investors welcomed the move: Shares of the company led by Tobias Lütke shot up over 20% in morning trade.

A look at the day ahead in Asian markets from Jamie McGeever.