By Tom Polansek CHICAGO (Reuters) – The U.S. is detecting fewer cases of avian flu in wild birds that transmit the virus to poultry flocks, the agriculture department said, a potentially positive development for farmers and consumers after a two-year outbreak. A top official warned that risks remain high, though,…

SHANGHAI (Reuters) – China’s yuan eased against the dollar on Friday, as a widening yield spread and balance sheet policy divergences between the U.S. and China remained short-term headwinds for the yuan. The yield gap between China’s 10-year government bonds and its U.S. counterparts has widened by 24 basis points…

Solana (SOL) price predictions are turning increasingly bullish, with the cryptocurrency still substantially below its December peaks, but with chart analysis hinting at upside price risks and widely followed crypto personality Arthur Hayes commenting that it may be time to “get back on the Solana train”.Hayes made the post earlier…

If the past is any guide, the S&P 500 index could continue to power higher in 2024 after posting strong returns in January, according to an analysis from Bespoke Investment Group. A team of stock-market analysts at Bespoke found that typically when the S&P 500 SPX is trading in positive…

© Reuters. Huawei expects 9% revenue growth in 2023 – Reuters According to Reuters, Huawei expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023. The publication said the company’s rotating chairman, Ken Hu, revealed the number in an internal new year message, which it has seen. It…

By Laura Sanicola (Reuters) -Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade disruption and tensions in the Middle East following attacks on ships by Yemen’s Iran-aligned Houthi forces in the Red Sea. Limiting price gains were a surprise inventory build,…

SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four people with direct knowledge of the matter said. The state banks were seen swapping yuan for U.S. dollars in the onshore swap market before quickly…

Last updated: February 2, 2024 00:33 EST | 1 min read Source: DALL·E The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital yuan.According to People.cn, the 50-million-dirham ($13.6 million) transaction occurred via the…

Stock-market investors may take their cues from a series of important events this week, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook.  The benchmark S&P…

© Reuters. (Reuters) -UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to the founder and former CEO of health insurance firm Qualicorp José Seripieri Filho. Last week, two sources had told Reuters about the sale of UnitedHealth (NYSE:)’s Brazilian health insurance operator Amil to…