By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% lower on Thursday, reversing early gains after U.S. Energy Secretary Jennifer Granholm told lawmakers that refilling the country’s Strat[...]
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Middle East
US trade chief Tai says open to discussions with China
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that she is open to trade conversations with Chinese officials, but the Biden administration would defend U.S. int[...]
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Oil up 2% as dollar weakens on small US Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low after the U.S. Federal Reserve delivered an expected small rate hike[...]
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Nvidia positions for quantum computing with new products
By Jane Lanhee Lee (Reuters) – Nvidia Corp, the computing company powering the bulk of artificial intelligence, is positioning itself as a key player in quantum computing with the launch of new[...]
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Streaming boosts recorded music revenue, China market growing
LONDON (Reuters) – Global recorded music revenues rose 9% last year to $26.2 billion, with growth registered in every region and an increase in paid subscription streaming helping drive sales, a[...]
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Lebanon to sell unlimited US dollars to prop up collapsing pound
BEIRUT (Reuters) – Lebanon’s central bank will begin selling unlimited amounts of U.S. dollars in a bid to halt the spiralling devaluation of the Lebanese pound, Governor Riad Salameh said[...]
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Oil prices rebound after hitting lowest since 2021 on banking fears
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rebounded and rose over 1% on Monday after diving to their lowest levels in 15 months as the market worried that risks in the global banking sector co[...]
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Chevron-chartered tanker involved in collision with sanctioned vessel in Venezuela
HOUSTON (Reuters) – A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in Venezuelan waters on Sunday, according to sources and a shippi[...]
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EY’s ‘paused’ split dragged into $2.7 billion London lawsuit
By Sam Tobin LONDON (Reuters) -EY’s plans to split its auditing and consulting arms have been dragged into a $2.7 billion lawsuit brought in London by the administrators of troubled hospital operator[...]
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