Trump administration drilling auction for Arctic refuge attracts little interest

(Reuters) -The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska state agency emerging as the sole bidder for most of the acreage.

Dow, S&P 500 hit fresh all-time peaks, but pro-Trump protests curb gains

NEW YORK (Reuters) -The Dow and the S&P 500 hit record highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fiscal stimulus and infrastructure spending.

Trump administration mulls adding Alibaba, Tencent to blacklist of Chinese military cos-sources

The Trump administration is considering adding China's retail giant Alibaba and Tencent to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military, two people familiar with the matter said.

U.S. private payrolls post first decline in eight months as COVID-19 cases skyrocket

U.S. private companies shed workers in December for the first time in eight months as out-of-control COVID-19 infections unleashed a fresh wave of business restrictions, setting the tone for what is likely to be a brutal winter for the economy.

Dollar rebounds off March 2018 low as Georgia elections point to Dem sweep

NEW YORK (Reuters) -The dollar bounced after sinking to its lowest level in nearly three years on Wednesday, with markets anticipating a Democrat win in the U.S. Senate election in Georgia that would clear the path for a larger fiscal stimulus package.

Oil rises to 10-month high after Saudi output cut, U.S. inventory draw

NEW YORK (Reuters) -Oil prices extended gains on Wednesday, rising to their highest since last February, after Saudi Arabia announced a big voluntary production cut, and as U.S. crude inventories declined in the latest week.

Stocks gain, bond yields jump on potential Democratic control of U.S. Senate

NEW YORK (Reuters) -Global stock indexes climbed and 10-year U.S. Treasury yields topped 1% for the first time since March on Wednesday as Democratic control of the U.S. Senate following Georgia's runoff elections appeared more likely.

Brazil state eyes at least $5.3 billion Vale deal after dam burst, official says

The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais ($5.3 billion) from a compensation deal with miner Vale SA after the 2019 Brumadinho deadly dam burst, a senior state official said on Wednesday.

Exclusive: Italy could take on $17 billion of UniCredit bad loans to ease MPS sale - sources

Italy is working on a plan to take on about 14 billion euros ($17 billion) of UniCredit's impaired loans to make a takeover of state-owned Monte dei Paschi more attractive for the country's second-biggest bank, sources told Reuters.

Impossible Foods cuts wholesale prices by 15% for second time in one year

Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15% amid increasing demand for its burgers.

Related Videos

Drug makers hike prices for 2021 on 500 drugs

UK offers new $6.2 bln to firms to ease lockdown

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS