Nov 22, 2024
Gold surges and euro sags as broader war risks rise
By Tom Westbrook SINGAPORE (Reuters) - Gold was headed for its largest weekly gain in nearly eight months on Friday and the euro hovered at a 13-month low as Russia lowered its...
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Nov 22, 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
By Luc Cohen NEW YORK (Reuters) - In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid...
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Nov 22, 2024
Oil prices rise, head for weekly gain on Russia-Ukraine tensions
-- Oil prices rose in Asian trade on Friday and were headed for a positive week as increased concerns over Russia and Ukraine saw traders attach a greater risk premium...
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Nov 22, 2024
Hong Kong developer New World to focus on managing debt, SCMP reports
HONG KONG (Reuters) - Hong Kong property developer New World Development aims to focus on its debt load before any consideration of mergers or acquisitions, according to chairman...
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Nov 21, 2024
Target PT Cut to $160 from $180 at Morgan Stanley
 Morgan Stanley cut its price target for Target (NYSE:TGT) to $160 from $180 on Thursday, citing recent challenges and heightened uncertainty in the retail...
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Nov 21, 2024
Incoming FCC chair says unlikely commission could reinstate Starlink subsidy
WASHINGTON (Reuters) - The incoming chair of the Federal Communications Commission said it is "very unlikely" the commission could reconsider its 2022 decision to deny Elon Musk's...
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Nov 21, 2024
Fed's Goolsbee says pace of rate cuts may need to slow
By Ann Saphir (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more...
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Nov 21, 2024
Kenya cancels proposed deals with Adani Group
NAIROBI (Reuters) - Kenyan President William Ruto said on Thursday he had ordered the cancellation of procurement process to expand the country's main airport, in which the...
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Nov 21, 2024
Buyback strategies remain a bright spot for Europe, says Barclays
Buyback strategies have emerged as a rare source of optimism in Europe's challenging equity market landscape, according to analysts at Barclays ...
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Nov 21, 2024
Stifel: Nvidia results incrementally positive for MTSI, SMTC, and SITM
 Nvidia’s latest earnings report has yielded positive implications for key players in the semiconductor supply chain, according to Stifel analysts. Nvidia...
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