By Jayshree P Upadhyay and Chris Thomas BENGALURU (Reuters) – India’s market regulator is examining a rout in the shares of billionaire Gautam Adani’s companies, a source with direct[...]
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February 1, 2023
Boeing gets $1.62 billion contract to provide support for Minuteman III missile
(Reuters) – Boeing Co has been awarded a $1.62 billion U.S. Air Force contract to provide guidance subsystem support for Minuteman III Intercontinental Ballistic Missile, the U.S. Department of[...]
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Musk did not need Tesla board to review buyout tweets, directors testify
By Hyunjoo Jin and Jody Godoy (Reuters) -Tesla Inc’s board had no obligation to review CEO Elon Musk’s 2018 tweets announcing a bid to take the electric car maker private, which investors[...]
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Explainer-Spilt milk? Why are the U.S. and Canada fighting over dairy?
WINNIPEG, Manitoba (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, accusing Canada of not meeting ob[...]
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Fed delivers small rate increase; Powell suggests ‘couple’ more hikes coming
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it had turned a key corner in the fight against high inflation, but that “victory” would stil[...]
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U.S. investors have plowed billions into China’s AI sector, report shows
By Alexandra Alper WASHINGTON (Reuters) – U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligen[...]
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U.S. backs smaller version of ConocoPhillips Alaska oil project
By Nichola Groom (Reuters) -President Joe Biden’s administration said on Wednesday it would support a scaled-back version of ConocoPhillips’ planned $6 billion Willow oil and gas drilling[...]
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Marketmind: Riding the Fed dragon
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Asian markets are set for an upbeat Thursday as U.S. stocks whipsawed to a highe[...]
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Adani abandons $2.5 billion share sale in big setback to Indian tycoon
By Aditya Kalra, Jayshree P Upadhyay and Aditi Shah NEW DELHI (Reuters) -Gautam Adani’s flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked[...]
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