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…
Year: 2023
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…
Google launches Pixel 8, smartwatch with new AI feature
By Yuvraj Malik and Max A. Cherney (Reuters) – Alphabet’s Google on Wednesday launched Pixel 8 smartphones and a new…
Meta’s Instagram, Facebook to charge EU users for ad-free service – sources
By Supantha Mukherjee and Jyoti Narayan (Reuters) – Meta Platforms is looking to introduce ad-free subscription plans for Instagram and…
S&P 500 ends at lowest since June 1 as data fuels rate worries
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index closed at its lowest level since June 1 on…
US takes action against Chinese companies, people tied to fentanyl
By Andrew Goudsward and Daphne Psaledakis WASHINGTON (Reuters) -The United States on Tuesday announced actions against Chinese companies and people…
United Airlines orders 110 Airbus, Boeing jets in a bet on travel demand
By Valerie Insinna and Rajesh Kumar Singh (Reuters) -United Airlines on Tuesday announced an order for 110 aircraft from Boeing…
BP explores $1 billion US pipelines stake sale -sources
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake…
Lilly eyes targeted cancer therapies with $1.4 billion Point Biopharma deal
By Bhanvi Satija and Leroy Leo (Reuters) -Eli Lilly and Co will buy Point Biopharma Global for $1.4 billion, the…