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Category: Business

Bitcoin rises 7.15% to $70,900
Business

Bitcoin rises 7.15% to $70,900

(Reuters) – Bitcoin rose 7.15% to $70,900 at 2010 GMT on Monday. (This story has been corrected to say bitcoin…

March 25, 2024March 25, 2024
Luxury EV maker Lucid to raise $1 billion from Saudi’s PIF affiliate
Business

Luxury EV maker Lucid to raise $1 billion from Saudi’s PIF affiliate

(Reuters) -Lucid said on Monday it is raising $1 billion in capital from an affiliate of Saudi Arabia’s Public Investment…

March 25, 2024March 25, 2024
Yen steady after intervention warning, dollar dips
Business

Yen steady after intervention warning, dollar dips

By Karen Brettell NEW YORK (Reuters) – The yen was little changed on Monday, giving up earlier gains after Japan’s…

March 25, 2024March 25, 2024
Oil settles higher as Russia orders output cuts, geopolitical tensions persist
Business

Oil settles higher as Russia orders output cuts, geopolitical tensions persist

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Monday as orders from the Russian government to curb oil…

March 25, 2024March 25, 2024
Nissan to launch 30 new models by 2027, boost global sales volumes
Business

Nissan to launch 30 new models by 2027, boost global sales volumes

By Daniel Leussink ATSUGI, Japan (Reuters) -Nissan Motor said on Monday it would launch 30 new models over the next…

March 25, 2024March 25, 2024
McDonald’s stores close in Sri Lanka after deal with partner ended, lawyer says
Business

McDonald’s stores close in Sri Lanka after deal with partner ended, lawyer says

By Uditha Jayasinghe COLOMBO (Reuters) – McDonald’s has ended an agreement with its local partner in Sri Lanka and all…

March 25, 2024March 25, 2024
Google, Apple breakups on the agenda as global regulators target tech
Business

Google, Apple breakups on the agenda as global regulators target tech

By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust…

March 25, 2024March 25, 2024
China blocks use of Intel and AMD chips in government computers, FT reports
Business

China blocks use of Intel and AMD chips in government computers, FT reports

(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel and AMD from government personal computers and servers,…

March 24, 2024March 24, 2024
S&P 500 ends near flat but index posts biggest weekly gain of year
Business

S&P 500 ends near flat but index posts biggest weekly gain of year

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest…

March 22, 2024March 22, 2024
Nike, Lululemon sink as annual forecasts disappoint
Business

Nike, Lululemon sink as annual forecasts disappoint

By Savyata Mishra (Reuters) -Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in…

March 22, 2024March 23, 2024

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