By Toby Sterling AMSTERDAM (Reuters) – The U.S. government has called on allies to force computer chip manufacturing equipment companies to stop maintaining some of the tools they have sold in C[...]
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April 4, 2024
US trade deficit widens in February on strong imports
WASHINGTON (Reuters) – The U.S. trade deficit widened for a second straight month in February as an increase in exports to a record high was offset by surging imports, suggesting trade could be[...]
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Paramount to enter into exclusive merger talks with Skydance, source says
By Dawn Chmielewski (Reuters) -Members of Paramount Global’s board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billio[...]
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Peltz loses at Disney but his investors win; changes may still be ahead
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Nelson Peltz lost but he also won. Hours after shareholders voted to keep the octogenarian hedge fund manager off the board at Walt Disn[...]
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Detained Binance executive in court on Nigerian tax, money laundry charges
By Camillus Eboh ABUJA (Reuters) – One of the two executives from Binance, the world’s largest cryptocurrency exchange, detained in Nigeria appeared in an Abuja court on Thursday to face t[...]
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Tesla begins making cars in Germany for export to India this year -sources
By Aditi Shah, Shivangi Acharya and Victoria Waldersee NEW DELHI/BERLIN (Reuters) – Tesla has begun production of right-hand drive cars at its plant in Germany for export to India later this yea[...]
Read moreEthereum Layer 2 Networks To Exceed $1 Trillion Valuation By 2030, Says Expert
Investment heavyweight VanEck has predicted that the base valuation of Ethereum layer 2 (L2) (CRYPTO: ETH) networks could surpass $1 trillion by the end of this decade. What Happened: VanEck conducted[...]
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Exclusive-Banking bottleneck causing six-month delays for Russia-China payments, sources say
MOSCOW (Reuters) – As the threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian bank with a Chinese branch and facing[...]
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Spotify names senior Saab executive Luiga as finance chief
(Reuters) – Spotify named Saab executive Christian Luiga as its chief financial officer on Thursday, replacing Paul Vogel who left in March after an about eight-year long stint at the Swedish mu[...]
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