AI Stocks Rally In Latest Wall Street Craze Sparked By ChatGPT
(Reuters) – Shares of C3.ai Inc, BigBear.ai and SoundHound AI extended a rally on Monday as artificial intelligence becomes a…
2023
Putin Approves Sale Of Mercedes-Benz Russian Finance Arm
MOSCOW (Reuters) – Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz’s local financial services division to Russian…
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
Global Airline Traffic Last Year Rebounds To Over Half Of Pre-pandemic Levels
By Joanna Plucinska LONDON (Reuters) -Global airline traffic recovered to 68.5% of pre-pandemic levels last year and surged 64.4% from…
Yellen: ‘You Don’t Have A Recession’ When U.S. Unemployment At 53-year Low
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a…
Oil Prices Edge Higher, Growth Worries Limit Gains
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday from an 8% drop last week on supply concerns, but…
Abbvie Plans To Lift $2 Billion Cap On Deals – WSJ
(Reuters) – Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal…
Chevron In Talks With Algeria For Energy Exploration Deal – WSJ
(Reuters) – Chevron Corp has opened talks with Algeria to allow the U.S. oil firm to undertake energy exploration in…
India’s Adani To Prepay $1.11 Billion Loans On Shares, Denies Report On Capex Cut
(Reuters) -India’s Adani Group on Monday said shares related to some group companies will be released following the pre-payment of…
New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says
By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave…