 | | | | Oil fell to around $68 a barrel on Tuesday in a choppy session, pressured as concerns faded of a supply disruption in Saudi Arabia, which countered a pause in the dollar's rally and prospects for tighter supply due to OPEC+ output curbs. | | | | | | Shares of electric vehicle maker Tesla Inc surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock. | | | | | | A gauge of global stocks headed for its biggest one-day percentage climb in a week on Tuesday as a fall in U.S. Treasury yields eased concerns the economic recovery could overheat and lead to stronger-than-expected inflation. | | | | | | The U.S. House of Representatives will take up the Biden administration's $1.9 trillion COVID-19 relief bill on Wednesday, officials said on Tuesday, with the chamber's expected approval enabling the Democratic president to sign the legislation into law later this week. | | | | | | U.S. stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated and investors scooped up battered technology stocks. | | | | | | Walt Disney Co's Disney+ streaming service has signed up more than 100 million paying subscribers around the world in its first 16 months, Chief Executive Bob Chapek said at the company's annual shareholder meeting on Tuesday. | | | | | | JPMorgan Chase & Co will discontinue its Chase Pay digital wallet at the end of the month, according to a notice on the bank's website. | | | | | | Italian luxury goods group Salvatore Ferragamo said on Tuesday that China and e-commerce had boosted sales in the year so far, after the COVID-19 pandemic pushed the firm to its first full-year operating loss since it listed in Milan 10 years ago. | | | | | | Citigroup Inc's General Counsel Rohan Weerasinghe will retire from the bank after nearly a decade in the role, Chief Executive Officer Jane Fraser told staff on Tuesday, according to a memo seen by Reuters. | | | | | | LG Energy Solution aims to build advanced battery cells for Tesla Inc electric vehicles in 2023 and is considering potential production sites in the United States and Europe, two people familiar with the matter told Reuters. | | | | | |
