Pfizer recorded a 92% jump in second-quarter earnings that exceeded analysts’ expectations as the drugmaker recorded an “all-time” high in quarterly COVID-19 vaccine sales and lifted the lower end of its full-year profit outlook range. The company on Thursday posted adjusted earnings of $2.04 per share, advancing from $1.06 a Continue Reading

Cash deals exceeding 6,000 NIS will be illegal, as part of the effort to fight against money laundering and criminal activity. Under the new law, any payment to a business above 6,000 NIS ($1,700) must be made using alternative methods, such as a digital transfer or a debit card. Trading Continue Reading

Jana Randow and Harumi IchikuraFri, July 15, 2022 at 5:00 AM·3 min read 1 / 4 ECB Bond Tool Seen Having No Limits as Steeper Rate Hikes Loom The European Central Bank will unveil an unlimited bond-buying tool next week to help markets better adjust to steeper and faster interest-rate increases Continue Reading

For the first time in six years, Europe was the top market for US crude oil as the Russia-Ukraine war continues to impact global markets. Europe overtook Asia, the previous top market, and received 213.1m barrels of crude while Asia received 191.1m barrels of American crude in the first five Continue Reading

By Zhang Mengying Investing.com – Gold was down on Thursday morning in Asia, with expectations growing that the U.S. Federal Reserve could hike interest rates more aggressively this month to fight red-hot inflation. Gold futures fell 0.41% to $1,728.35 by 12:16 AM ET (4:16 AM GMT). The dollar, which normally moves inversely Continue Reading

 Farmers in Russia’s southern Rostov region, one of the largest grain producing and exporting areas of the country, are seeing high wheat yields as harvesting gets underway, growers and officials in the region said. Sanctions-hit Russia, the world’s largest wheat exporter, is expected to produce a massive crop in 2022 Continue Reading

BUDAPEST (Reuters) – Hungary’s parliamentary economic affairs panel on Monday reiterated the ruling Fidesz party’s opposition to a global minimum tax in a row that has triggered conflict with the United States and put pressure on the forint. Hungary, already locked in a rule-of-law debate with the European Union that Continue Reading

By Geoffrey Smith  Investing.com — The dollar surges to a new 20-year high, supported by Friday’s jobs report. Twitter hires a crack legal team to squeeze a $1 billion break fee out of Elon Musk after he abandoned his $44 billion takeover offer. Stocks are set to open lower, bracing for another Continue Reading

COVID-19 variant. Brent oil futures fell 0.54% to $106.44 by 12:52 AM ET (4:52 AM GMT) and crude oil WTI futures Crude Oil WTI  102.48-2.31  (-2.20%)08:41:12 – Real-time derived data102.7804:0006:0008:00104.00103.00102.50103.50 Technical Summary5 Min:Strong SellHourly:Strong SellDaily:Strong SellMonthly:Strong BuyWhat is your sentiment on Crude Oil WTI? or  declined 0.87% to $103.88. Both contracts posted weekly declines last week as Continue Reading