(RTTNews) - Amazon (AMZN) said its Prime members in the U.S. can now enjoy a free, one-year Grubhub+ membership with no food-delivery fees on eligible orders. The Prime Members can use the offer in more than 4,000 cities across the country when ordering on Grubhub.
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
Japan's 10-year government bond yields fell from the limit of the Bank of Japan's policy band on Wednesday, tracking U.S. Treasury peers lower amid fears for economic slowdown.
The Turkish lira slid again on Wednesday, extending its losing run to a week due to underlying dollar strength and investor concerns about soaring inflation and the policies employed to deal with the country's economic woes.
The Russian rouble extended the previous session's sharp slide on Wednesday, slumping to its lowest since late May against the dollar and euro and heading back towards levels the government prefers as intervention speculation swirled.
The euro was just off its lowest in almost two decades against the dollar as concerns about the impact of surging energy prices on the euro zone economy continued to weigh.
Scandinavian airline SAS headed into the third day of a crippling pilot strike, cancelling well over half its flights on Wednesday, as it geared up for the first court date in its bankruptcy proceedings later in the week.
Malaysia's central bank on Wednesday raised its benchmark interest rate for the second straight meeting, as it looked to tame rising inflation while keeping an eye on unexpectedly weak global economic growth.
Government bond yields across the euro area nudged up on Tuesday, but the moves were modest as growing concern the world economy is heading for recession nagged investors.
Copper prices slumped to their lowest levels since November 2020 on Wednesday, weighed down by a strong U.S. dollar and threats to demand from heightened fears of a global recession and renewed lockdowns in top consumer China.
India's benchmark 10-year bond yield dropped to its lowest level in six weeks while the rupee remained near record lows on Wednesday as fears of a global recession hit investor sentiment ahead of the release of the U.S. Federal Reserve's June meeting minutes.
Macau has locked down one of the city's most famous hotels, the Grand Lisboa, after more than a dozen COVID-19 cases were found there on Tuesday, with infections spreading rapidly in the world's biggest gambling hub.
Anyone paying attention has seen financial firms, with the acquisition of fintech companies, race to offer direct indexing options at an increasingly low minimum because of technological innovations. Fidelity has lowered the bar once again by announcing that a $1 per stock
Amazon has agreed to take a 2% stake in Just Eat Takeaway.com's struggling U.S. meal delivery business Grubhub and will offer its Prime members access to the service for one year.
The closely watched 10-2 Year Treasury Yield curve has inverted which has historically been the gauge of a recession possibility in the post-war era. This comes after the Fed put forth the highest rate hike in several decades (75bps) in response to the runaway inflation tha
There hadn’t been a shortage of interest in ESG until the economy's most recent swell in volatility which has given investment firms like Goldman pause in their considerations. They have drastically moved up the rejection rate for bonds that satisfy their ESG interest
Europe's gas inventories are on course to reach 976 terawatt-hours (TWh) by the end of the summer, compared with 868 TWh at the same point last year, and slightly above the 10-year seasonal average.
The Philippine central bank may raise interest rates by an additional 100 basis points this year, its governor said on Wednesday, after annual inflation hit a near four-year high in June driven mainly by increases in food and fuel prices.
Crude oil futures rose nearly 3% on Wednesday as investors piled back in after the heavy rout in the previous session, shifting their focus again to supply concerns even as worries about a recession mounted.