Oil recovers on big U.S. crude stock drawdown
TOKYO (Reuters) – Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
Lyft starts Canada service in first international foray
TORONTO (Reuters) – U.S. ride-hailing company Lyft Inc on Tuesday launched its service in Toronto, marking the first time it has taken its battle against the much larger Uber Technologies Inc outside of the United States.
Asian shares flat, Fed hike expectations underpin dollar
TOKYO (Reuters) – Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.
Uber picks new head for Indonesia business
JAKARTA (Reuters) – Uber Technologies Inc unveiled on Wednesday a new head of its Indonesian operations in a market where the online taxi company faces cutthroat competition, regulatory uncertainty and a reported U.S. probe into whether it broke bribe…
Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal
WASHINGTON (Reuters) – Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to “recklessness” in journalism.
Oil settles lower after rally on pipeline outage; Brent premium narrows
HOUSTON (Reuters) – Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade.
Bitcoin hits another record high in march toward $20,000
NEW YORK (Reuters) – Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimisti…
S&P, Dow rise with help from banks; Nasdaq lags
NEW YORK (Reuters) – The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.
Tezos director resigns, sowing more uncertainty at crypto startup
LONDON/ZURICH (Reuters) – One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.
Oil drops after rally on pipeline outage; Brent premium narrows
HOUSTON (Reuters) – Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade.
