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BOJ could raise 1% yield cap as next move, says academic Ito
By Takaya Yamaguchi TOKYO (Reuters) - The Bank of Japan could raise its 1% hard cap set for long-term interest rates as its next policy move if the 10-year bond yield threatens to breach that level, C...
Syndicated Content Oct 05, 2023
Exxon Mobil in advanced talks for $60 billion acquisition of Pioneer-sources
By David French and Anirban Sen (Reuters) -Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer at about $60 billion, peopl...
Syndicated Content Oct 05, 2023
Exclusive-ChatGPT-owner OpenAI is exploring making its own AI chips -sources
By Anna Tong, Max A. Cherney, Christopher Bing and Stephen Nellis SAN FRANCISCO/WASHINGTON (Reuters) - OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and...
Syndicated Content Oct 05, 2023
Strike ended at major Mexican gold mine after deal reached with union
MEXICO CITY (Reuters) -A four-month-long labor strike has been lifted at Newmont's Penasquito gold mine in Mexico after a deal was reached between workers and the company, according to statements from...
Syndicated Content Oct 05, 2023
Trump files to dismiss $500 million lawsuit against his ex-lawyer Michael Cohen
By Kanishka Singh WASHINGTON (Reuters) -Former U.S. President Donald Trump filed a notice to voluntarily dismiss his $500 million lawsuit against his ex-lawyer Michael Cohen, a court filing showed on ...
Syndicated Content Oct 05, 2023
Dollar pauses rally as markets brace for US nonfarm payrolls test
By Rae Wee SINGAPORE (Reuters) - The dollar dipped on Friday but traders were largely keeping to the sidelines in both the currency and U.S. Treasury markets as they looked to U.S. nonfarm payrolls da...
Syndicated Content Oct 05, 2023
Canada welcomes panel directing US to review softwood lumber policy
(Reuters) - Canada welcomed on Thursday a trade dispute panel ruling which said the U.S. should review parts of its policy on softwood lumber which includes duties on most such products exported from ...
Syndicated Content Oct 05, 2023
Flexport plans to cut up to 30% of workforce by end of Oct – sources
(Reuters) - U.S. logistics startup Flexport plans to lay off up to 30% of its workforce by the end of the month, sources said on Thursday. The Information had earlier reported the plan, citing a perso...
Syndicated Content Oct 05, 2023
Australia’s central bank sees risks mounting in global markets, China property
SYDNEY, Oct 6 (Reuters) - Australia's economy is well placed to weather strains in global financial markets, though the risks of a "disorderly" slide in asset prices or a slowdown in China were elevat...
Syndicated Content Oct 05, 2023
Newmont gets all regulatory approvals for $16.7 billion Newcrest deal
(Reuters) - Australian gold miner Newcrest Mining on Friday said Newmont Corporation, its suitor for a proposed A$26.2 billion ($16.68 billion) buyout, had received all government regulatory approvals...
Syndicated Content Oct 05, 2023
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