Berkshire Dumps Shares In TSMC, Banks; Increases Apple Stake
By Carolina Mandl and Sittrarasu S NEW YORK/BANGALORE (Reuters) -Warren Buffett’s Berkshire Hathaway Inc slashed its stake in Taiwanese contract…
2023
Stocks, Dollar Make Little Progress, After U.S. Inflation Data
By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher…
IMF Official Says Debt Roundtable To Focus On Broad Restructuring Hurdles
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund’s strategy director on Tuesday said the goal of a new sovereign…
‘Big Short’ manager Burry, Farallon among hedge funds making bets on China
By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue…
Fed Officials Keep Door Open To Peak Policy Rate Above 5.1%
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Federal Reserve officials said on Tuesday the U.S. central bank will need to…
Oil Settles 1% Lower As Market Braces For More Supply From U.S. Reserve
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than 1% lower on Tuesday after the United States said it…
How Secret London Talks Led To Air India’s Gigantic Plane Order
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) – Air India’s record aircraft deal has put the Tata Group-owned airline…
Hyundai, Kia Offer Software Upgrade To 8.3 Million U.S. Vehicles To Prevent Thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp will offer software upgrades to 8.3 million U.S. vehicles…
Wall St Slides As Inflation Data, Policymakers Stoke Rate Worries
By Johann M Cherian and Sruthi Shankar (Reuters) – Wall Street’s main indexes slid on Tuesday after data showed consumer…
Oil Prices Fall After U.S. Crude Release Lifts Supply Concerns
By Shariq Khan BENGALURU (Reuters) -Oil prices fell on Tuesday after the U.S. government said it would release more crude…