Gold Surges 1% Due to Weakening U.S. Dollar and Safe-Haven Appeal
Gold experienced a significant 1% surge on Friday, thanks in part to a weaker dollar and a surge in safe-haven…
September 2023
Mogul Byron Allen makes $10 billion bid for Disney’s ABC, other networks
By Dawn Chmielewski, Kanjyik Ghosh and Dimpal Gulwani (Reuters) -Media entrepreneur Byron Allen has made a $10 billion bid to…
Biden’s offshore wind target slipping out of reach as projects struggle
By Nichola Groom (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this…
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
By Jaiveer Shekhawat (Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen and Japan’s SoftBank, fell in their market…
SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation
By Manya Saini, Niket Nishant and Echo Wang (Reuters) -Shares in SoftBank’s Arm Holdings soared almost 25% above their Nasdaq…
Wall Street rallies, dollar surges as data cements Fed pause bets
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher and the greenback jumped on Thursday as robust…
Gold Hits Three-Week Low Amid Robust U.S. Data Boosting Dollar and Yields
Gold prices remained steady near a three-week low on Thursday, as the latest data on U.S. producer prices and retail…
Turmoil showed top level failures at banks, global watchdog says
By Huw Jones LONDON (Reuters) – This year’s bank turmoil showed some boards and senior management failed in their most…
BP begins search for new CEO with no clear front-runner
By Dmitry Zhdannikov and Ron Bousso LONDON (Reuters) -BP CEO Bernard Looney’s abrupt resignation has thrown the British oil major…
Biden says Republicans want to impeach him to shut down the government
By Jeff Mason and Nandita Bose (Reuters) -President Joe Biden on Wednesday said Republicans wanted to impeach him because they…