Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…
Business
Apple denies surveillance claims made by Russia’s FSB
(Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies…
Fed should stop raising rates, at least in June -Harker
By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…
GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO
By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…
Getty asks London court to stop UK sales of Stability AI system
By Sam Tobin LONDON (Reuters) – Stock photo provider Getty Images has asked London’s High Court for an injunction to…
Citigroup hires former UBS banker for energy dealmaking – memo
By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as…
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk is being accused of insider trading in a proposed class action…
CNN Worldwide appoints Warner Bros Discovery’s David Leavy as COO
(Reuters) – Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide,…
UK factory output contracts again in May: PMI
By Suban Abdulla LONDON (Reuters) – Britain’s manufacturing output fell for a third month in a row in May and…
Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says
NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market…