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Abu Dhabi’s oil champion ADNOC bets on global expansion
By Maha El Dahan, Yousef Saba and Ron Bousso DUBAI (Reuters) - The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by...
Syndicated Content Oct 08, 2023
Israel’s tech sector could face disruptions after attacks -investors
By Max A. Cherney, Mica Rosenberg and Steven Scheer SAN FRANCISCO/JERUSALEM (Reuters) - Tech companies operating in Israel are expected to fortify security as they could face disruptions, said investo...
Syndicated Content Oct 08, 2023
Activist investor Nelson Peltz boosts Disney Stake, seeks board seats – WSJ
(Reuters) - Activist investor Nelson Pelt's Trian Fund Management has accumulated a stake worth more than $2.5 billion and is planning a fresh push for board seats at Disney, the Wall Street Journal r...
Syndicated Content Oct 08, 2023
EU sees ‘convergence’ with Japan on AI – official
By Sam Nussey TOKYO (Reuters) - The European Union sees "convergence" with Japan on thinking about generative artificial intelligence (AI), a senior official said on Monday. "I see a lot of convergenc...
Syndicated Content Oct 08, 2023
Chinese developer Country Garden faces fresh offshore payments deadline
By Clare Jim HONG KONG (Reuters) - Chinese property developer Country Garden, which missed two dollar interest payments last month, faces another deadline on Monday with two coupons totalling $66.8 mi...
Syndicated Content Oct 08, 2023
Citigroup to sell China consumer wealth business to HSBC
(Reuters) -Citigroup Inc said on Monday that it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc...
Syndicated Content Oct 08, 2023
Israeli shekel falls to almost 8-year low
SINGAPORE (Reuters) - The Israeli shekel fell to an almost eight-year low against the U.S. dollar on Monday as conflict in the Middle East escalates. Fighters from Islamist group Hamas killed 700 Isra...
Syndicated Content Oct 08, 2023
Column-Funds ramp up long dollar, short Treasuries bets: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds have entered the final quarter of the year doubling down on two of their biggest macro conviction trades - short U.S. Treasuries and long the...
Syndicated Content Oct 08, 2023
Beijing Hyundai cuts asking price for Chongqing auto plant by 30%
SHANGHAI (Reuters) - Beijing Hyundai Motor has cut the minimum asking price for its auto plant in the southwestern Chinese city of Chongqing by almost 30% to 2.58 billion yuan ($353.38 million) after ...
Syndicated Content Oct 08, 2023
UAW workers reject Mack Trucks contract, will strike
(Reuters) - Union workers at Volvo Group-owned Mack Trucks overwhelmingly rejected a proposed five-year contract deal and will go on strike at 7 a.m. Monday (1100 GMT), the United Auto Workers said la...
Syndicated Content Oct 08, 2023
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
