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Global stocks steady, US Treasury yields rise as recession worries persist

S&P 500, Dow edge higher Benchmark 10-yield rise The yield curve further flattens Dollar gains Oil prices decline 2% NEW YORK, Aug 16 (Reuters) – Global equity markets were flat while US Treasury yields rose on Tuesday as recession worries persisted amid concern the Federal Reserve will continue its steep interest rate hikes despite nascent …

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Ford announces series of deals to accelerate EV push

Ford CEO Jim Farley attends the official launch of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, US April 26, 2022. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register DETROIT, July 21 (Reuters) – Ford Motor Co (FN) on Thursday announced …

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GSK’s consumer arm Haleon debuts with lackluster valuation

Haleon starts trading at 330 pence Haleon valuation is at the lower end of expectations Market value is below the price Unilever was willing to pay GSK stock down 0.7% LONDON, July 18 (Reuters) – British drugmaker GSK(GSK.L) spun off its consumer health business on Monday in the biggest listing in Europe for more than …

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