US Postal Service seeks to hike stamp prices to 73 cents
By David Shepardson WASHINGTON (Reuters) -The United States Postal Service (USPS) said on Tuesday it wants to raise the price…
Author: Wall St Mavens
Global steel demand to return to growth in 2024, says World Steel
LONDON (Reuters) -Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to…
Moderna jumps as vaccine shows benefit in head and neck cancer in early study
(Reuters) -Moderna shares rose 8% to a three-month high on Tuesday after the company’s individualized cancer vaccine developed with Merck…
US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration plans to announce it is awarding more than $6 billion to South…
Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall
(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers…
Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably…
Bain Capital to sell $429 million stake in India’s Axis Bank, term sheet shows
By M. Sriram MUMBAI (Reuters) -Bain Capital plans to sell stake worth $429 million in Indian private lender Axis Bank…
Brazil judge opens inquiry into Musk after refusal to block accounts on X
By Anthony Boadle BRASILIA (Reuters) – A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court…
China top EV forum to be held in California in May
BEIJING (Reuters) – China’s top electric vehicle forum, the World New Energy Vehicle Congress (WNEVC) will hold a conference in…
China central bank to set up $70 billion tech re-lending programme
BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion) re-lending programme to support the…