NEW YORK (Reuters) -Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across the United States.
(Reuters) - Shares of Facebook (NASDAQ:FB) owner Meta plummeted 26% on Thursday, the biggest single-day slide in market value for a U.S. company, after the social media giant issued a dismal forecast, blaming Apple Inc (NASDAQ:AAPL)'s privacy changes and increased competition.
European stock markets traded in mixed fashion Thursday, with strong results from energy giant Shell (LON:RDSa) helping the FTSE 100 outperform ahead of policy setting meetings by both the European Central Bank and the Bank of England.
FRANKFURT (Reuters) - The European Central Bank finally acknowledged mounting inflation risks and even opened the door a crack to an interest rate increase this year, marking a remarkable policy turnaround for one of the world's most dovish central banks.
COPENHAGEN (Reuters) -Danish brewer Carlsberg (OTC:CABGY) said on Thursday it would look for growth beyond its core beer market over the next five years to focus on categories like cider, seltzers and alcohol free beer.
Investing.com - The U.S. dollar edged higher Thursday, benefiting from a degree of risk aversion after disappointing results from Facebook (NASDAQ:FB) owner Meta Platforms, but the focus will be on central bank meetings in the U.K. and Europe.