EUR/USD Forecast: Upside limited despite the broad dollar’s weakness

The average gallon of gas in the US hit a record high of $4.59 on Tuesday, about 51% higher than a year ago.

Chinese officials threatened to take actions to “safeguard” their sovereignty after President Joe Biden said on Monday that the U.S. would intervene militarily if China invaded Taiwan. In a press conference while visiting Japan, Biden was asked whether he would intervene militarily if China invaded Taiwan. Biden replied,...

NEW YORK, May 27 (Reuters Breakingviews) - Spinning off slow-growing, low-margin businesses is often an easy decision for companies as bosses prefer to spend time on more exciting parts of a firm. The performance of oil refiners like the $54 billion Marathon Petroleum (MPC.N) and the $48 billion Phillips 66 (PSX.N) over the past decade, shows the best thrills for investors can lie in the discards.

Eli Lilly has especially crushed the S&P 500 index year to date.

BRUSSELS, May 27 (Reuters) - EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but still allow deliveries by pipeline, a compromise to win over Hungary and unblock new sanctions against Moscow, officials said. An agreement could be reached by envoys of...

KYIV, May 27 (Reuters) - Ukraine's state gas company and gas infrastructure operator have issued a demand to the German government to either halt or severely curtail gas flows through the Nord Stream 1 pipeline, the head of the gas system operator said on Friday. "With Naftogaz we sent an...