By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world’s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,922, having gained 156% last…
By Lidia Kelly (Reuters) – Ukraine President Volodymyr Zelenskiy honoured his people’s resilience in times of bloodshed in a long and lyrical New Year speech, while Russian leader Vladimir Putin stressed his country’s unity in a short and stern message that made only passing reference to the war. The speeches – traditional Dec. 31 messages…
By Liz Lee BEIJING (Reuters) -China’s President Xi Jinping exchanged congratulations with U.S. President Joe Biden on the 45th anniversary of diplomatic ties between the two countries, the Chinese foreign ministry said on Monday. Xi, in his message, said both countries have “weathered the storms and moved forward in general”, which has enhanced the well-being…
By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any guide. The S&P 500 ended the year on Friday with an annual gain of just over 24%. The benchmark index also stood near its first record closing high in…
By Suzanne McGee and Hannah Lang (Reuters) – Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants said a decision from the…
BEIJING/SEOUL (Reuters) -All Boeing 737 MAX jets operated by Chinese carriers are back in service at the end of 2023, the U.S. planemaker’s China head said on Friday, nearly a year after they started flying following a global grounding in 2019. The best-selling Boeing model was grounded after fatal crashes in Indonesia and Ethiopia. The…
By Michael Erman and Patrick Wingrove NEW YORK (Reuters) -Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors. Excluding different doses and formulations, more than 140 brands of drugs will…
By Jonathan Stempel (Reuters) – Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. 5, 2024 trial in the proposed class action on hold…
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Airplane maker Boeing is urging airlines to inspect 737 MAX airplanes for a possible loose bolt in the rudder control system, the Federal Aviation Administration (FAA) said on Thursday. The FAA said it was closely monitoring Boeing 737 MAX targeted inspections and will consider additional action based…
By Steve Stecklow (Reuters) -Two U.S. senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly” recall any steering and suspension parts that pose a safety risk. The letter cites “an alarming” Reuters investigation published on December 20 that exposed how Tesla has blamed drivers for frequent failures of components it…
