Disney strikes deal to sell stake in India’s Tata Play, Bloomberg News reports
BENGALURU (Reuters) – Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata…
Business
Putin approves closure of American Express Russian business
MOSCOW (Reuters) – Russian President Vladimir Putin has granted American Express Co the right to “voluntary liquidate” its Russian business,…
JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says
By Chris Prentice and Nupur Anand NEW YORK (Reuters) – The U.S. Commodity Futures Trading Commission is expected as soon…
Cryptocurrencies gain as investors turn optimistic on ether ETFs
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about…
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful…
JPMorgan raises 2024 interest income forecast to $91 billion
NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what…
Tesla gets local council go-ahead for German factory expansion
GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from…
The Dow’s climb to a record 40,000 points
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – The Dow Jones Industrial Average, a laggard among the…
White House’s Brainard says China’s exports can undermine investments in US
WASHINGTON (Reuters) – White House National Economic Adviser Lael Brainard said on Thursday China’s industrial capacity and exports in certain…
Investors reach for riskier assets as fear seeps out of markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks are at fresh records, bitcoin is soaring and investors are…