By Marc Jones LONDON (Reuters) -Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping[...]
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Middle East
Teva to pay Nevada $193 million over role in opioid epidemic
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries on Wednesday agreed to pay Nevada $193 million to settle claims that its marketing practices fueled opioid addiction, the state anno[...]
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Oil prices rise as Saudi output cuts outweigh weak demand signals
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed about 1% on Wednesday as Saudi Arabia’s plans for deep output cuts more than offset demand woes stemming from rising U.S. fuel stocks a[...]
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Airlines call for emissions help in long-haul to net-zero
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Global airlines called on Tuesday for broad co-operation to reach “very tough” emission targets and pledged to rel[...]
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Zhao-controlled Binance trading firms at heart of SEC lawsuit
By Angus Berwick and Tom Wilson LONDON (Reuters) – Two offshore trading firms controlled by Binance founder and CEO Changpeng Zhao lie at the centre of the Securities and Exchange Commission (SE[...]
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Oil prices ease as economic fears overshadow Saudi output cut
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Tuesday as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s pledge to deepen o[...]
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OpenAI CEO has no IPO plan due to ‘strange’ company structure
By Supantha Mukherjee STOCKHOLM (Reuters) – Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time soon, Chief Executive Sam Altman said at a conference in Abu D[...]
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Emirates looks at placing new order for long-haul jets
ISTANBUL (Reuters) -Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787 jets as the Dubai-based carrier looks ahead to demand through the 2030s.[...]
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Ports in China’s oil hub Shandong scrutinizing old tankers -sources
By Muyu Xu SINGAPORE (Reuters) -Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources[...]
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