Oil prices gain, U.S. crude little changed after inventory data

Oil prices gain, U.S. crude little changed after inventory data
TOKYO (Reuters) – Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann West Texas Intermediate crude futures were up 6 cents... Read More

Asia shares subdued, dollar benefits as sterling suffers

Asia shares subdued, dollar benefits as sterling suffers
SYDNEY (Reuters) – Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage in Tokyo, Japan, July 1,... Read More

Amazon in deal with German watchdog to overhaul marketplace terms

Amazon in deal with German watchdog to overhaul marketplace terms
FRANKFURT (Reuters) – Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world’s biggest online retailer. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo The Federal Cartel... Read More

Visa invests in Indonesian ride-hailing firm Go-Jek

Visa invests in Indonesian ride-hailing firm Go-Jek
FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company Visa (V) is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo (Reuters) – Visa Inc (V.N) said on Wednesday it has invested in Indonesia’s Go-Jek as part of the ride-hailing company’s ongoing Series F fundraising round. The two companies will work... Read More

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range
NEW YORK/HONG KONG (Reuters) – DouYu International Holdings Ltd DOYU.N, China’s largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range. FILE PHOTO: A girl broadcasts live from a phone as she holds a selfie stick with a... Read More

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range: sources

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range: sources
FILE PHOTO: A girl broadcasts live from a phone as she holds a selfie stick with a sign of the live-streaming platform DouYu during an event celebrating the new year in Wuhan, Hubei province, China, December 31, 2018. REUTERS/Stringer/File Photo NEW YORK/HONG KONG (Reuters) – DouYu International Holdings Ltd DOYU.N, China’s largest live-streaming platform, on Tuesday sold $775 million in... Read More

Oil prices steady after falling to more than one-week lows

Oil prices steady after falling to more than one-week lows
TOKYO (Reuters) – Oil steadied after falling more than 3% overnight, with U.S. crude trailing Brent after U.S. inventory data fell short of expectations, amid conflicting signals from the U.S. and Iran over the disputes that have roiled prices recently. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann Brent... Read More

Asia shares slip, dollar gains as sterling slides

Asia shares slip, dollar gains as sterling slides
SYDNEY (Reuters) – Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and a Brexit-driven dive in the pound. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage in Tokyo, Japan, July 1, 2019. REUTERS/Issei Kato Oil prices... Read More