A look at the day ahead in U.S. and global markets from Mike Dolan. Brazil’s weekend political shock reminds world markets of fragile geopolitics, but investors more broadly appear happier to st[...]
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January 9, 2023
Euro zone unemployment rate unchanged in Nov as expected
BRUSSELS (Reuters) – The euro zone’s unemployment rate was unchanged at a record low in November as expected, with the absolute number of people without jobs falling slightly further, the[...]
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Russian rouble gains 3% on first working day of 2023
By Jake Cordell (Reuters) – The Russian rouble started the first full trading day of the new year on the front foot, advancing by more than 3% against the U.S. dollar to rebound from six-month l[...]
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Carmaker Stellantis seals batteries material deal with Element 25
MILAN (Reuters) – Carmaker Stellantis has signed a deal with Australian miner Element 25 for the supply of manganese sulphite for batteries for its electric vehicles (EVs), the two companies sai[...]
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Berkshire Hathaway sells 1.1 million H-shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$1[...]
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U.S. Trustee files objection to FTX’s planned asset sales
(Reuters) – A U.S. Trustee filed an objection on Saturday to plans by bankrupt crypto exchange FTX to sell its digital currency futures and clearinghouse LedgerX, as well as units in Japan and E[...]
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Meta’s Oversight Board tells company to allow ‘death to Khamenei’ posts
By Katie Paul (Reuters) – Meta’s Oversight Board on Monday overturned the company’s decision to remove a Facebook post that used the slogan “death to Khamenei” to critici[...]
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Efforts under way to refloat ship stuck in Suez Canal, authority says
DUBAI (Reuters) -Efforts are under way to refloat a cargo vessel carrying grain from Ukraine that has run aground in the Suez Canal, the chairman of the Suez Canal Authority told Al-Arabiya TV on Mond[...]
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Vodafone to receive $1.8 billion from sale of Hungarian unit
LONDON (Reuters) -British telecom group Vodafone said it had agreed the sale of its Hungarian business to local IT company 4iG and the Hungarian state, and would receive a total cash consideration of[...]
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