(Reuters) – Bitcoin dropped 4.91% to $25,957 at 21:45 GMT on Thursday, losing $1,341 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 18.4% from[...]
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August 31, 2023
Marketmind: Asia kicks off September with eyes on Beijing
By Stephen Culp (Reuters) – A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian stocks could start September with a choppy session on Friday, as cruci[...]
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Delta Air says its entire in-service fleet now 5G-compliant
By David Shepardson WASHINGTON (Reuters) -Delta Air Lines said on Thursday that it has updated the radio altimeters in its in-service airplane fleet to address potential 5G C-Band interference. Transp[...]
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US crude futures climb over $2/bbl, notches third monthly hike
By Erwin Seba HOUSTON (Reuters) -U.S. crude oil prices gained more than $2 a barrel on Thursday, rising for a third month in row, on expectations that cuts by the OPEC+ group of oil producing nations,[...]
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Broadcom forecasts quarterly revenue below expectations on broader demand weakness
(Reuters) – Broadcom forecast fourth-quarter revenue slightly below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff competition in the networking chip space wil[...]
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Microsoft to unbundle Teams from Office, seeks to avert EU antitrust fine
By Foo Yun Chee Brussels (Reuters) – Microsoft said on Thursday it would unbundle its chat and video app Teams from its Office product and make it easier for competing products to work with its[...]
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UPS offers pilot buyout as demand falters
LOS ANGELES (Reuters) -United Parcel Service on Thursday said it has offered early retirement to some pilots as the world’s biggest package delivery firm grapples with a weak air freight market[...]
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Robot invasion slows in the face of weaker US economy, high interest rates
By Timothy Aeppel (Reuters) – Even a robot invasion can’t beat a slowing economy. Companies in North America sharply cut orders for the high-tech machines in the second quarter, according[...]
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US offers $12 billion to auto makers, suppliers for advanced vehicles
By Timothy Gardner WASHINGTON (Reuters) -The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advan[...]
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