Biden team weighs using US State Dept grants to fund weapons for Ukraine -US official
(Reuters) – The Biden administration is considering using a U.S. State Department grant program to send additional military aid to…
Month: October 2023
BlackBerry to separate IoT and cybersecurity businesses, plans IPO
(Reuters) -Canadian technology company BlackBerry said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units…
Putin says Russia’s economy can cope with higher defence spending on war
MOSCOW (Reuters) – The Russian economy can cope with higher military spending to fund the war in Ukraine now and…
Global miner BHP to focus on cost cuts, patient on M&A
By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient…
UAW, automakers signal progress after days of stalemate -sources
By Joseph White and David Shepardson DETROIT (Reuters) – Negotiators for the United Auto Workers and Ford Motor have narrowed…
Nasdaq leads Wall St rebound after weaker-than-expected data
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher and the Nasdaq gained more than 1% on Wednesday,…
Exxon 3Q profits to climb from last quarter on higher prices
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil said on Wednesday big increases in oil, gas and fuel prices would…
US government shutdown later this year would not hurt rating – Fitch
By Davide Barbuscia NEW YORK (Reuters) -Rating agency Fitch, which downgraded the U.S. top credit rating in August, cautioned about…
Oil settles down more than $5 as US data shows weak demand for gasoline
By Laura Sanicola (Reuters) -Oil prices settled down more than $5 on Wednesday as fuel demand destruction and a bleaker…
Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
(Reuters) – Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two…