Conservative billionaire Timothy Mellon gives $50 million to pro-Trump super PAC
By Jason Lange (Reuters) – Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, gave $50 million…
Month: June 2024
Record high prices, rising mortgage rates dampen US home sales
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices…
US DOJ drops claims that TikTok misled US consumers in lawsuit, Bloomberg News reports
(Reuters) – The U.S. Department of Justice will not pursue allegations that TikTok misled U.S. consumers about their data security…
Analysis-Cash is leaving China again, pressuring yuan
By Winni Zhou and Ankur Banerjee SHANGHAI/SINGAPORE (Reuters) – A sliding yuan and extensive outflows of cash from the mainland…
SoftBank CEO talks up artificial super intelligence ambitions
TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Friday that the group’s mission was to help in humanity’s progress…
Huawei says it has made huge strides, from operating systems to AI
By David Kirton SHENZHEN, China (Reuters) -China’s Huawei Technologies said on Friday it had made breakthroughs in fields from operating…
Mike Bloomberg backs Biden with $20 million contribution against Trump
By Nandita Bose and Kanishka Singh WASHINGTON (Reuters) – Billionaire Mike Bloomberg has given nearly $20 million to help Democratic…
European shares open lower as tech losses weigh
(Reuters) – European shares opened lower on Friday, with technology shares at the helm of the selloff, while Danish brewer…
ABN Amro nears deal to buy HSBC’s German private bank, Boersenzeitung says
FRANKFURT (Reuters) – Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal…
Trump and Republicans narrow cash gap with Biden and Democrats
By Jason Lange (Reuters) -Donald Trump’s presidential campaign and his Republican Party last month narrowed its cash gap with President…