Big US banks press for redo on contentious capital rule
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) -The U.S. banking industry urged the Federal Reserve Tuesday to completely redo…
Month: January 2024
Nvidia, AMD shares jump as AI optimism spurs analyst price target hikes
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia and Advanced Micro Devices (AMD) jumped on Tuesday as investor optimism…
WHO appeals for $1.5 billion to address crises from Gaza to Afghanistan
GENEVA (Reuters) – The World Health Organization (WHO) on Monday appealed for $1.5 billion in funding to respond to the…
IKEA prices to fall despite Red Sea disruptions, CEO says in Davos
By Divya Chowdhury DAVOS, Switzerland (Reuters) -Budget furniture retailer IKEA is sticking to planned price cuts despite Red Sea shipping…
Daimler Truck sales rise 1% in 2023
(Reuters) -Daimler Truck group sales grew by 1% in 2023 to 526,053 units, the German truck maker said on Monday,…
Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much…
Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign
By Brendan O’Brien and Rich McKay CHICAGO (Reuters) -Tens of millions of Americans were in the pathway of dangerous and…
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture…
Alaska Airlines begins preliminary inspections on up to 20 Boeing 737-9 MAX
(Reuters) – Alaska Airlines has begun preliminary inspections on some of its Boeing 737-9 MAX aircrafts this weekend, adding that…
Biden: US does not support Taiwan independence
By Steve Holland, Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said on Saturday the United States…