Starlink emerges as fresh battleground between Musk, Brazil
By Ricardo Brito and Luciana Magalhaes BRASILIA/SAO PAULO (Reuters) -Tensions between Brazil and Elon Musk’s business empire ratcheted up further…
Year: 2024
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week…
AI server maker Super Micro denies short-seller Hindenburg’s claims
(Reuters) – Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and…
US housing inflation likely to fall in year ahead, Fed paper says
(Reuters) – U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand…
SpaceX Falcon 9 may resume flights while FAA probe underway
By David Shepardson WASHINGTON (Reuters) -The SpaceX Falcon 9 vehicle may return to flight operations while the overall investigation of…
Trump says he will vote against Florida amendment enshrining abortion rights
(Reuters) -Republican presidential candidate Donald Trump said on Friday he would vote against an amendment in his home state of…
Billionaire Buffett again sells BofA shares worth about $845 million
(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has once again cut its stake in Bank of America with a share…
Ford to recall 90,736 vehicles over engine valve issue, US regulators say
(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National…
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three…
CrowdStrike exec to testify before Congress on IT outage
(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…