China’s foreign minister suggests road to Xi-Biden summit will not be smooth
BEIJING (Reuters) -China’s Foreign Minister Wang Yi said the “road to the San Francisco summit will not be a smooth…
October 2023
Investors on edge as Middle East conflict intensifies
By Lewis Krauskopf NEW YORK (Reuters) -Investors are watching for signs that the conflict in the Middle East may be…
US Republican presidential candidate Ramaswamy confirms Musk attended fundraiser
By Alexandra Ulmer LAS VEGAS (Reuters) – Longshot U.S. Republican presidential candidate Vivek Ramaswamy confirmed to Reuters on Saturday that…
Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI
By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from…
Oil prices up 3% on worries about Middle East supplies
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a one-week high on Friday on worries that…
AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
By Leroy Leo and Christy Santhosh (Reuters) -AbbVie, girding for government price negotiations on its big-selling cancer drug Imbruvica, on…
Exxon posts sharply lower $9.1 billion profit on lower oil, gas prices
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday posted a sharply lower $9.1 billion third-quarter profit, missing analysts’…
UPS targets lucrative e-commerce returns, healthcare with acquisitions
By Lisa Baertlein (Reuters) – United Parcel Service on Thursday said it is spending more than $1 billion this quarter…
Analysis-US investment banks see early signs of revival in dealmaking
By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) – Major Wall Street firms said a dismal year of dealmaking…
Amazon rallies on cloud optimism as it chases Microsoft for AI business
By Aditya Soni (Reuters) -Amazon.com rose 7% on Friday on a pick up in growth at its most profitable cloud…