By Foo Yun Chee BRUSSELS (Reuters) – The European Union (EU) will consult the technology and telecoms sectors on whether tech giants like Alphabet Inc’s Google, Meta and Amazon.com Inc sho[...]
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January 31, 2023
Business groups want more time to consider FTC’s noncompete rule
WASHINGTON (Reuters) – The U.S. Chamber of Commerce, which has indicated that it would oppose a broad rule banning most noncompete agreements for employees, asked the Federal Trade Commission Tu[...]
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Oil prices settle steady on higher U.S. demand, weaker dollar
By Shariq Khan BENGALURU (Reuters) -Oil prices closed steady on Tuesday after recovering from a near three-week low, drawing support from a weakening dollar and on data showing that demand for U.S. cr[...]
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Seven EU states warn Commission against subsidy race with U.S
BERLIN/PRAGUE (Reuters) – Seven European Union member states from the north and east of the bloc have written to Valdis Dombrovskis, vice president of the European Commission, to warn against a[...]
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Cryptoverse: Big investors edge back to bitcoin
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often fav[...]
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Marketmind: Fed games
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Asian stocks are primed for a green Wednesday on the heels of a broad rally on W[...]
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Amgen revenue falls slightly as Lilly COVID deal contributes less
By Sriparna Roy and Michael Erman (Reuters) -Amgen Inc on Tuesday said its fourth-quarter revenue fell slightly as a 4% increase in sales of its own drugs was offset by lower revenue from its deal to[...]
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Stocks gain, yields dip after U.S. data; Fed eyed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks advanced on Tuesday as it closed out a strong month while U.S. Treasury yields fell as investors assessed economic data and ear[...]
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White House blasts Exxon over historical $56 billion annual profit
By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp’s record net profit in 2022 of $56 billion, a historical h[...]
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