By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Wall St notches second lower finish as 2024 starts with profit-taking
By David French (Reuters) – U.S. stock indexes ended the second session of the year down again in extended profit-taking…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Apple agrees to settle lawsuit over iTunes gift card scam
By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit…
Intel spins out AI software firm with backing from DigitalBridge
By Stephen Nellis (Reuters) – Intel on Wednesday said it was forming a new independent company around its artificial intelligence…
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,…
Tesla extends lead in Norway sales, EVs take 82% market share
By Victoria Klesty OSLO (Reuters) – Tesla topped Norway’s car sales for a third straight year in 2023, extending its…
Sales of Indian SUVs soar, smaller cars skid in December
BENGALURU (Reuters) -Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data…
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…
World welcomes 2024 with New Year’s fireworks, reflection and a royal farewell
(Reuters) -The world welcomed 2024 with a mix of celebration and sombre reflection. Sydney sparkled under a shower of silver…