Gold extends record run as rate cut bets gain ground
By Anjana Anil (Reuters) – Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets…
Year: 2024
OpenAI hits back at Musk, says billionaire pushed for merger with Tesla
By Aditya Soni and Abinaya V (Reuters) – OpenAI on Tuesday hit back at Elon Musk’s claims that the startup…
Trump, Biden dominate Super Tuesday contests as they march toward rematch
By Nathan Layne and Alexandra Ulmer PALM BEACH, Florida/HUNTINGTON BEACH, California (Reuters) -U.S. President Joe Biden and former President Donald…
Fed’s Powell sees US cuts in 2024 but inflation progress a risk
(Reuters) – U.S. Federal Reserve Chair Jerome Powell said on Wednesday that continued progress on inflation “is not assured,” though…
Oil falls 1% on concerns over China’s economic growth plan
By Shariq Khan NEW YORK (Reuters) -Oil prices fell nearly 1% on Tuesday, pressured by skepticism around China achieving its…
Gold carried to record high on wave of momentum with focus on US rates
By Polina Devitt and Ashitha Shivaprasad LONDON (Reuters) – Gold hit a record high on Tuesday, with growing expectation of…
Novo kidney trial finds Ozempic cuts cardiac deaths in diabetics
By Stine Jacobsen and Maggie Fick COPENHAGEN (Reuters) – Novo Nordisk’s widely used diabetes drug Ozempic delayed progression of chronic…
Nippon Steel exec to meet USW head to seek support for U.S. Steel deal
By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) – A senior Nippon Steel executive told Reuters he is set to…
Tesla shares skid after China sales fell to the lowest level in over a year
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Shares in Tesla fell more than 7% on Monday after its sales declined in…
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…