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Marketmind: Markets brazen Fed pushback, BOJ up next
A look at the day ahead in U.S. and global markets from Mike Dolan Despite a tentative pushback from central banks against what some see as excessive interest rate cut bets for next year, U.S. markets...
Syndicated Content Dec 18, 2023
AI can create more jobs than it potentially eliminates: Tech Mahindra’s outgoing CEO
By Haripriya Suresh (Reuters) - Generative AI technology can create more jobs than it is expected to eliminate, Tech Mahindra's outgoing CEO said, even as its ability to wreck the job market has been ...
Syndicated Content Dec 18, 2023
Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal
(Reuters) -Japan's Nippon Steel said on Monday it would buy U.S. Steel in a deal valued at $14.9 billion including debt, months after the steelmaker put itself up for sale. The per-share offer of $55 ...
Syndicated Content Dec 18, 2023
Factbox-Trump’s foreign policy: rethink NATO, troops to Mexico, boost tariffs
By Gram Slattery WASHINGTON (Reuters) - Republican former President Donald Trump is planning to fundamentally alter America's relationship with Europe should he win a second term in office. On the cam...
Syndicated Content Dec 18, 2023
Magnitude 5.6 earthquake strikes Indian Kashmir – EMSC
(Reuters) - An earthquake of magnitude 5.6 struck near Indian-ruled Kashmir on Monday, the European Mediterranean Seismological Centre said. The quake struck 23 km (14 miles) southwest of Padam, in no...
Syndicated Content Dec 18, 2023
China’s Nio to get $2.2 billion investment from Abu Dhabi’s CYVN
SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday. The...
Syndicated Content Dec 18, 2023
Southwest Airlines agrees to $140 million penalty over 2022 holiday meltdown
By David Shepardson WASHINGTON (Reuters) - Southwest Airlines agreed to a record-setting $140 million civil penalty over the December 2022 holiday meltdown that led to 16,900 flight cancellations and ...
Syndicated Content Dec 18, 2023
Record output, tax dodge pushes up crude exports from US Gulf Coast
By Georgina McCartney HOUSTON (Reuters) - Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty year-end tax bill on thei...
Syndicated Content Dec 18, 2023
Tencent shuts US video games studio Team Kaiju — source
By Josh Ye HONG KONG (Reuters) - Chinese tech giant Tencent has shut down one of its U.S. video games studios that has been considered a key part of its global expansion plan to become a competitive g...
Syndicated Content Dec 18, 2023
German business sentiment falls in December – Ifo
By Maria Martinez BERLIN (Reuters) -German business morale unexpectedly worsened in December, the Ifo institute said on Monday after its latest survey also showed a decline in both expectations and cu...
Syndicated Content Dec 18, 2023
Peoria, IL, USA
49 °F Sunny
