Business News

Australian man charged over girl taken from outback camp By Reuters

seohan 8 months ago

© Reuters. Bodycam footage shows a security officer carrying 4-year-old Cleo Smith, who went missing from an Australian outback campsite more than two weeks ago and was found in a locked house on November 3, as she is being rescued, in Carnarvon, Australia, November

SYDNEY (Reuters) -Australian police charged a 36-year-old man on Thursday with abducting a four-year-old girl from an outback campsite 18 days before she was found safe in a locked house.

The man was twice taken to hospital for self-inflicted injuries before being interviewed and charged with various offences related to the abduction, police in Western Australia

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Oil falls further below $85, U.S. inventories and OPEC+ in view By Reuters

seohan 8 months ago

© Reuters. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base

By Alex Lawler

LONDON (Reuters) -Oil fell further below $85 a barrel on Tuesday, but it was still not far from a three-year high in choppy trade ahead of weekly U.S. supply reports expected to show a rise in crude inventories and of Thursday’s OPEC+ meeting.

Analysts in a Reuters poll expect inventories to have increased by 1.6 million barrels [EIA/S]. Industry group the American Petroleum Institute releases the first of this

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G20 leaders final statement offers few commitments on climate By Reuters

seohan 8 months ago

5/5

© Reuters. Britain’s Prime Minister Boris Johnson, France’s President Emmanuel Macron, Germany’s Chancellor Angela Merkel and U.S. President Joe Biden pose for a family photo prior to a meeting during the G20 leaders’ summit in Rome, Italy October 30, 2021. Kirsty W

2/5

By Gavin Jones and Jan Strupczewski

ROME (Reuters) – Leaders of the Group of 20 major economies agreed on a final statement on Sunday that urges “meaningful and effective” action to limit global warming at 1.5 degrees Celsius but offers few concrete commitments.

The result of days of tough negotiation among diplomats leaves huge work to

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Is HEXO a Buy Under $2? By StockNews

seohan 8 months ago

© Reuters. Is HEXO a Buy Under $2?

Canada-based cannabis company HEXO’s (HEXO (NASDAQ:)) shares have declined in price over the past few months to their $1.60 all-time low yesterday. But can the stock rebound on the back of the promising Canadian cannabis industry? Read on.Headquartered in Kanata, Canada, consumer packaged goods cannabis company HEXO Corp. (HEXO) produces and distributes innovative products to serve the global cannabis market. Canada legalized cannabis in 2018, and Canada’s legal adult-use cannabis market is expected to reach CAD8.62 billion ($6.97 billion) by 2026. However, the industry continues to face several restrictions.

HEXO’s shares have

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U.S. trade deficit widens in September; inventories mixed By Reuters

seohan 8 months ago

© Reuters. FILE PHOTO: Sea gulls sit on a lamppost beside shipping containers stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder

WASHINGTON (Reuters) – The U.S. trade deficit in goods surged in September as exports tumbled, suggesting trade probably weighed on economic growth again in the third quarter.

The goods trade deficit increased 9.2% to $96.3 billion, the Commerce Department said on Wednesday. Goods exports dropped 4.7%, while imports gained 0.5%.

The report, which was published ahead of Thursday’s advance third-quarter gross domestic product data, also showed wholesale inventories increased 1.1%

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Wall St eyes higher open as Big Tech earnings take center stage By Reuters

seohan 8 months ago

© Reuters. FILE PHOTO: A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. REUTERS/Brendan McDermid

By Devik Jain and Shashank Nayar

(Reuters) -U.S. stock indexes were set to open higher on Monday as investors geared up for earnings reports from heavyweight technology companies this week, while PayPal (NASDAQ:) jumped after saying it was not interested in buying Pinterest (NYSE:).

PayPal Inc rose 4.6% after the payments company scrapped its plans to buy the digital pinboard site Pinterest Inc for as much as $45 billion.

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