By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China’s digital yuan took the centre stage in the world’s…
UAE wealth fund ADIA reports strong 2021 returns, restructures internally
By Yousef Saba DUBAI (Reuters) – The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds,…
Analysis-Ford, VW pop the automated-vehicle bubble with Argo AI exit
By Paul Lienert DETROIT (Reuters) – The road map to fully self-driving vehicles is being rewritten once again, this time…
Turkish competition board fines Meta Platforms $18.6 million
By Ebru Tuncay ISTANBUL (Reuters) – Turkey’s competition authority has fined Facebook parent Meta Platforms Inc 346.72 million lira ($18.63…
Weak dollar, big U.S. crude exports buoy oil markets
By David Gaffen NEW YORK (Reuters) – Oil prices surged nearly 3% on Wednesday, bolstered by record U.S. crude exports…
Intel’s Mobileye unit valued at $22 billion as shares cruise higher
(Reuters) -Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a…
Oil prices rise on weaker dollar, supply worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Tuesday, rebounding from an early fall of more than…
Google sets up high-tech school at Israeli University
JERUSALEM (Reuters) – Alphabet Inc’s Google and Israel’s Reichman University have set up a school to train high-tech professionals, offering…
Standard Chartered’s Winters says ‘gloom’ over economy arguably overdone
DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Tuesday it was appropriate to be cautious in the…