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Category: Business

US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg
Business

US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg

(Reuters) – Mercuria estimates that about 500,000 tons of copper are heading to the U.S., against normal monthly imports of…

March 24, 2025
Former Intel CEO Gelsinger joins religious-oriented tech firm Gloo for AI push 
Business

Former Intel CEO Gelsinger joins religious-oriented tech firm Gloo for AI push 

By Stephen Nellis SAN FRANCISCO (Reuters) – Gloo, a Boulder, Colorado-based firm that offers technology tools to Christian churches and…

March 24, 2025
Tesla jumps as possible tariff leeway, lower share price draw investors
Business

Tesla jumps as possible tariff leeway, lower share price draw investors

By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 9% on Monday after this year’s steep decline following…

March 24, 2025
Gold dips on higher dollar, still eyes third weekly gain
Business

Gold dips on higher dollar, still eyes third weekly gain

By Anmol Choubey (Reuters) – Gold fell over 1% on Friday due to a stronger dollar and profit-taking, although lingering…

March 21, 2025
Activist Elliott meets BP investors to discuss more changes, sources say
Business

Activist Elliott meets BP investors to discuss more changes, sources say

By Sarah McFarlane and Shadia Nasralla (Reuters) – Activist investor Elliott Management has met several large shareholders in BP to…

March 21, 2025
Chipmaker Micron’s shares slump as tepid margin forecast eclipses AI prospects
Business

Chipmaker Micron’s shares slump as tepid margin forecast eclipses AI prospects

(Reuters) – Micron’s shares fell 8% on Friday, as its dour margin forecast took the shine off a robust quarterly…

March 21, 2025
Tether is in talks with ‘Big Four’ firm about reserve audit, CEO says
Business

Tether is in talks with ‘Big Four’ firm about reserve audit, CEO says

By Hannah Lang and Elizabeth Howcroft (Reuters) – Tether, the creator of the world’s largest stablecoin, is “engaging with a…

March 21, 2025
North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty
Business

North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty

By Georgina McCartney HOUSTON (Reuters) – Oil prices will likely slip this year, the director of North Dakota’s state oil…

March 21, 2025
Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
Business

Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market

(Reuters) -Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over…

March 20, 2025
Apple losing over $1 billion a year on streaming service, the Information reports
Business

Apple losing over $1 billion a year on streaming service, the Information reports

(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…

March 20, 2025

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