Category Archives:
Oil prices jump 2% on supply worries after large U.S. stock drawdown
By Arathy Somasekhar (Reuters) - Oil prices gained nearly $2 in early trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stocks amid worries about supply disruptio...
Oct 17, 2023
Australia’s AMP hits over 2-month low on flagging fall in annual margins
By Rishav Chatterjee (Reuters) - Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth manager flagged lower growth expectations for the rest of the year and a fall...
Oct 17, 2023
Storm Norma will strengthen to hurricane as it aims at Baja California
MEXICO CITY (Reuters) - Tropical Storm Norma will likely strengthen to hurricane status on Wednesday as it churns towards the popular Los Cabos tourist area on Mexico's Baja California peninsula, the ...
Oct 17, 2023
X social media to test $1 subscription for posting content, like, reply
(Reuters) - Social media platform X, formerly known as Twitter, said on Tuesday it will test a $1 annual fee under a new subscription model for posting content, replies, likes, reposts or quoting othe...
Oct 17, 2023
China’s Country Garden offshore debt default looms
By Scott Murdoch SYDNEY (Reuters) - Country Garden Holdings, China's biggest private property developer, is hours away from defaulting on its $11 billion in overseas debt, yet to make a coupon payment...
Oct 17, 2023
Asia frets on Middle East risks, looming China data
By Wayne Cole SYDNEY (Reuters) - Asian shares stuttered on Wednesday as a blast at a Gaza hospital dealt a blow to hopes for containing the crisis, while bonds nursed heavy losses as strong U.S. retai...
Oct 17, 2023
Amazon says it has 10,000 Rivian electric vans in its delivery fleet
By Arriana McLymore (Reuters) - Amazon.com has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe, the company said during a business presentation on Tuesday. Amazon has...
Oct 17, 2023
Activist Icahn sues Illumina board over Grail acquisition – FT
(Reuters) - Activist-investor Carl Icahn said his firm had sued current and former board directors at Illumina concerning the acquisition of gene-sequencing company Grail, the Financial Times reported...
Oct 17, 2023
California trucking group challenges state’s zero-emissions rule
LOS ANGELES (Reuters) - The California Trucking Association (CTA) has asked a federal judge to stop a state rule that would require truckers to switch to zero-emissions vehicles by 2042, calling it "a...
Oct 17, 2023
EU adds Belize, Seychelles, Antigua and Barbuda to tax havens list
By Sarah Morland (Reuters) -The Council of the European Union on Tuesday added the Indian Ocean island state of Seychelles and the Caribbean countries of Belize and Antigua and Barbuda to a list of 16...
Oct 17, 2023
Peoria, IL, USA
63 °F Overcast
