By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping a close eye on primary elections on Sunday, which will reveal the likely outcome of the Oct. 22 general ballot, with a major market crash after the same vote in 2019 still seared in their memories. The primary, which unusually is…
By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022. Brent crude futures rose 41 cents, or 0.5%, to settle $86.81 a barrel, while U.S. West Texas…
ROME (Reuters) -Tesla boss Elon Musk said on Friday his planned cage fight with billionaire rival Mark Zuckerberg would be held at an “epic location” with an ancient Roman theme, as Italy indicated it was ready to stage the scrap. Italy’s Culture Minister Gennaro Sangiuliano said in a statement that he had spoken to Musk…
(Reuters) -Here are some reactions to U.S. Attorney General Merrick Garland’s appointment on Friday of David Weiss as a special counsel to investigate whether President Joe Biden’s son, Hunter Biden, engaged in improper business dealings. Weiss said Hunter Biden may be headed for trial on criminal charges after talks on a potential plea deal reached…
BEIJING (Reuters) -Changan Ford Motor plans to set up a new-energy passenger car joint venture with state-owned Chongqing Changan Automobile, a document published by China’s market regulator on Friday showed. Changan Ford Motor will own a 60% stake and Chongqing Changan Automobile the remaining 40% stake. Changan Ford is a 50-50 joint venture between Ford…
WASHINGTON (Reuters) – The White House on Friday said it was open to training Ukrainian pilots to fly F-16 fighter jets in the United States if capacity for such training is reached in Europe. White House spokesperson John Kirby, speaking to reporters, said Washington is eager to move forward with the training. (Reporting by Andrea…
By Yimou Lee TAIPEI (Reuters) -China is likely to launch military drills next week near Taiwan, using Vice President William Lai’s stopovers in the United States as a pretext to intimidate voters ahead of an election next year and make them “fear war,” Taiwanese officials said. The U.S. transits by Lai, who is the front-runner…
By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny stocks such as Amyris and Proterra are the latest focus of speculative bets from retail traders, with shares of the financially struggling firms rising in strong trading volume after hitting record lows this week. The…
(Reuters) – SoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected to be one of this year’s biggest initial public offerings. Arm has been in talks with about 10 companies, including Amazon.com, Intel, Alphabet and Nvidia, about investments ahead of its IPO. Here is a list…
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Cathie Wood-led Ark Investment Management’s (ARK) spot bitcoin exchange-traded fund (ETF), a filing by the regulator showed on Friday. The SEC is seeking public comment on the Ark 21Shares Bitcoin ETF application, and has pushed back the decision…
