Anna Hirtenstein

The nomination of Mr. Scaroni, an energy-industry veteran and ally of former Italian Premier Silvio Berlusconi, drew sharp criticism because of his history of close business dealings with Russia.

Shares of Swiss luxury-goods house Richemont jumped after the company reported better-than-expected results and said it anticipates continued growth from China's reopening. A few key numbers from Richemont, whose stable of jewelry and fashion brands includes Cartier, Piaget and Chloé: Revenue ro

Shares of Walmart rose in premarket trading after the retail giant raised its sales outlook for the full year, benefiting as more consumers buy lower-priced items amid high inflation. "This shows that consumers are more conscious about spending. Walmart appears to be benefiting as the trade-down ap

↗️ Lazard (LAZ): Shares of the investment bank rose about 2% in premarket trading. [The Wall Street Journal reported that Chief Executive Ken Jacobs is preparing to step down](https://www.wsj/articles/lazard-ceo-ken-jacobs-prepares-to-step-down-y

[**Lazard (LAZ)**](https://www.wsj/market-data/quotes/LAZ): Shares of the investment bank fell 1.6%, after [The Wall Street Journal reported that CEO Ken Jacobs is preparing to step down](https://www.

U.K. government-bond yields jumped after data showed that the country's inflation rate was higher than expected in April. The country's two-year yield rose more than a fourth of a percentage point, reaching a high of 4.419% before easing slightly. The benchmark 10-year yield also climbed. They were

Inflation eased in Spain, helping boost European government bonds, as some investors interpreted the data as a potential signal for softer European Central Bank policy. Consumer prices in the country increased at an annual rate of 2.9% in May, a decline from the previous month and less than economi

↗️ Coinbase (COIN): Shares in the cryptocurrency exchange have dropped sharply for two straight sessions, after it and rival Binance were both [sued by the Securities and Exchange Commission](https://www.wsj/articles/sec-sues-coinbase-says-it-is

Government bonds continued to sell off in the Pacific region after the Bank of Canada's surprise interest-rate hike drove worries that other central banks may also continue increasing rates

Tesla shares rise for a 10th straight session and Nasdaq climbs.