Page 322 - Rep News Today

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

Wall Street ended higher on Wednesday, lifted by gains in Nvidia and other tech stocks, while Gap and Nordstrom shares tumbled following weak quarterly reports.

London copper rose to a one-month high on Thursday, helped by China's efforts to bolster its cash-strapped property sector and on concerns over tight global supply, while a weaker dollar made greenback-priced metals cheaper for holders of other currencies.

Commodity trader Vitol is buying out minority shareholders in Vivo Energy , a London-listed group that sells fuel in Africa. The 139 pence per share offer, which values the firm at $2.3 billion, is a 25% premium to Vivo’s undisturbed price, but still below the 165 pence at which it listed in 2018. Vitol, which currently has a 36% stake, was one of the selling shareholders back then, with a 54.9% holding.

The Ugandan shilling was steady on Thursday and was expected to gain ground on the back of month-end dollar inflows from coffee, tea and cocoa exporters, traders said.

The Baltic Exchange's dry bulk sea freight index rose on Thursday, buoyed by gains for panamax and supramax vessels that countered a dip in rates for the larger capesize segment.

The U.S. Federal Reserve will likely double the pace of tapering its monthly bond purchases from January to $30 billion, and wind down its pandemic-era bond buying scheme by mid-March, Goldman Sachs strategists said in a daily note on Thursday.

Called it. what is a slow-moving coupe? >> that is a phrase that i used before trump was e leked. >> it is slow. >> it is slow, and i said that before, i said that he will never concede the election, and i talked to many democrats, and they laughed at me and they said that i smoked too much pot, and it turns out that he still has not conceded the election. so it took longer. what he hoped was that republicans would be on his side. he was hoping that people like that guy in georgia brad rep

A coordinated release from government oil reserves led by the United States may add about 70 million to 80 million barrels of crude supply, smaller than the more-than-100 million barrels the market has been pricing in, analysts at Goldman Sachs said.