China stocks surge on stimulus optimism, world stocks off record highs
By Nell Mackenzie and Dhara Ranasinghe LONDON/SYDNEY (Reuters) -World shares edged off record highs on Monday as strife in the…
Month: September 2024
Bristol Myers beats $6.4 billion lawsuit over delayed cancer drug
(Reuters) – Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene…
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
By Akash Sriram and Abhirup Roy (Reuters) – Tesla is expected to report an 8% jump in third-quarter deliveries of…
Powell reveals little on size of next rate cut
(Reuters) – The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to…
Trump escalates dark rhetoric against immigrants, Harris
By Tim Reid WASHINGTON (Reuters) – Donald Trump on Saturday deployed some of his harshest rhetoric against immigrants who have…
Assets in actively managed ETFs top $1 trillion worldwide
By Suzanne McGee (Reuters) – Assets in actively managed exchange-traded funds (ETFs) worldwide hit a record $1 trillion at the…
Boeing wage talks break off without progress to end strike, union says
(Reuters) – The International Association of Machinists and Aerospace Workers (IAM) said late on Friday that its pay deal talks…
Taiwan on alert over ‘multiple waves’ of missile firing in inland China
TAIPEI (Reuters) – Taiwan’s Defence Ministry said on Sunday it was on alert after detecting “multiple waves” of missile firing…
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
By Krystal Hu and Kenrick Cai (Reuters) – Thrive Capital is investing more than $1 billion of OpenAI’s current $6.5…
China holds military drills in South China Sea after talks with U.S
By Joe Cash BEIJING (Reuters) -Chinese air and naval forces are conducting manoeuvres in a disputed area of the South…