Purdue Pharma can protect Sackler owners in opioid bankruptcy, court rules
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy…
2023
France inaugurates first of four gigafactories in the north
BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such plants European and…
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) – Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper…
Republican Ralph Norman to vote against US debt ceiling bill in committee if not amended
WASHINGTON (Reuters) – Representative Ralph Norman, a hardline conservative Republican, said he will vote against the debt ceiling bill when…
Oil Slides 4% On Worries About US Debt Ceiling, OPEC+ Talks
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell by about 4% on Tuesday on concerns about whether the…
Goldman head of sovereign business Powell McCormick moves to merchant bank
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Dina Powell McCormick, the head of Goldman Sachs Group Inc’s sovereign…
Brazil’s new fiscal rules stricter than they look, finance ministry official says
BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important…
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S….
US targets Syrian money service businesses in fresh sanctions
By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Tuesday imposed punitive measures on two Syrian money service businesses…
U.S. Supreme Court declines to hear bid to sue Reddit over child porn
By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday declined to hear a bid by child pornography victims…