Saudi sovereign wealth fund splashes cash in 2023 – report shows
By Libby George LONDON (Reuters) -Saudi Arabia’s Public Investment Fund accounted for about a quarter of the almost $124 billion…
Bitcoin climbs above $45,000 to 21-month peak as new year kicks off
By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022,…
Alibaba Group says repurchased $9.5 billion worth shares in 2023
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5…
DoorDash plots expansion outside core restaurant business in US – FT
(Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the…
Zelenskiy speaks of war, Putin makes passing reference in contrasting New Year speeches
By Lidia Kelly (Reuters) – Ukraine President Volodymyr Zelenskiy honoured his people’s resilience in times of bloodshed in a long…
China’s Xi, US President Biden exchange congratulations on 45 years of diplomatic ties
By Liz Lee BEIJING (Reuters) -China’s President Xi Jinping exchanged congratulations with U.S. President Joe Biden on the 45th anniversary…
US economic data points to ‘real momentum’ for 2024, White House says
By Andrea Shalal (Reuters) – Higher consumer spending over the holiday season, real wage gains over the last nine months…
OpenAI annualized revenue tops $1.6 billion- The Information
(Reuters) – OpenAI’s annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion…
History shows strong 2023 could keep US stocks on path for 2024 gains
By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market’s hefty gains in 2023 could provide a lift for equities…
BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF
By Suzanne McGee and Hannah Lang (Reuters) – Asset management firms hoping to be among the first to win regulatory…