Category Archives:
Google commits $740 million to Australia months after threatening pull-out
SYDNEY (Reuters) - Google will spend A$1 billion ($736 million) in Australia over five years, the tech giant said on Tuesday, just months after it threatened to pull its services from the country in r...
Nov 15, 2021
Australia’s central bank again dismisses calls for 2022 rate hike
SYDNEY (Reuters) - Australia's top central banker has again pushed back against market wagers for a rise in interest rates next year, arguing that home-grown inflation was likely to lag well behind th...
Nov 15, 2021
Asian shares tick up on China property relief, focus shifts to Sino-U.S. talks
By Alun John HONG KONG (Reuters) - Asian shares were mostly higher on Tuesday, as relief in China's property sector supported sentiment while investors also kept a close eye on a key meeting between U...
Nov 15, 2021
Rothko abstract sells for $82.5 million, Pollock sale is record for artist
(Reuters) - A Mark Rothko painting sold for $82.5 million at auction on Monday, the second-highest price for a work by the late abstract artist. Titled, "No.7," the 95 in (241 cm) high canvas painted ...
Nov 15, 2021
Tesla’s Musk sold 934,091 shares to satisfy tax withholding obligations – filing
(Reuters) - Tesla Chief Executive Officer Elon Musk sold 934,091 shares solely to satisfy his tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Mo...
Nov 15, 2021
Shares of property services unit of China developer Kaisa set to slide as trading resumes
HONG KONG (Reuters) - Shares of Kaisa Prosperity, a property services unit of embattled Chinese property developer Kaisa Group, were set to fall 9.4% on Tuesday as trading resumed, a day after the com...
Nov 15, 2021
Oil prices drop on demand worries, rising supplies
By Naveen Thukral SINGAPORE (Reuters) - Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the mar...
Nov 15, 2021
Biogen’s research chief Alfred Sandrock to retire
(Reuters) - Biogen Inc said on Monday its research chief Alfred Sandrock, who led development of its Alzheimer's disease drug Aduhelm, is leaving the company after a 23-year run. The company said Sand...
Nov 15, 2021
After rally in U.S. retailers, investors eye upcoming reports
By Caroline Valetkevitch NEW YORK (Reuters) - Recent gains in U.S. retailer shares could be put to the test in the coming days as top companies in the sector report quarterly results and investors hun...
Nov 15, 2021
Biden tells Xi must ensure relations do not veer into open conflict
WASHINGTON (Reuters) - U.S. President Joe Biden said at the start of a virtual meeting with Chinese leader Xi Jinping on Monday that they both have a responsibility as leaders to ensure that relations...
Nov 15, 2021
Peoria, IL, USA
60 °F Overcast
