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Category: Business

Bitcoin hits record above $72,000 as demand frenzy intensifies
Business

Bitcoin hits record above $72,000 as demand frenzy intensifies

By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as…

March 11, 2024March 11, 2024
Ford to pay $365 million in US import tariff evasion case
Business

Ford to pay $365 million in US import tariff evasion case

By David Shepardson WASHINGTON (Reuters) – Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal…

March 11, 2024March 11, 2024
US FDA approves Novo Nordisk’s Wegovy for lowering heart risks
Business

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss drug Wegovy on…

March 11, 2024March 11, 2024
China’s lithium market set for long-term uptrend, says Ganfeng Lithium
Business

China’s lithium market set for long-term uptrend, says Ganfeng Lithium

By Siyi Liu and Colleen Howe BEIJING (Reuters) – China’s lithium industry would benefit from a stabilisation of prices of…

March 9, 2024March 9, 2024
U.S. job market data bolsters Fed’s ‘no rush’ rate cut view
Business

U.S. job market data bolsters Fed’s ‘no rush’ rate cut view

By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers weighing when to start interest-rate cuts got fresh reasons on…

March 9, 2024March 9, 2024
TikTok divestment bill would give government stronger legal position, US DOJ says
Business

TikTok divestment bill would give government stronger legal position, US DOJ says

By David Shepardson WASHINGTON (Reuters) -The U.S. government would be in a stronger legal position if lawmakers ordered China’s ByteDance…

March 8, 2024March 8, 2024
Oil dips 1%, posts weekly loss as markets weigh Chinese demand
Business

Oil dips 1%, posts weekly loss as markets weigh Chinese demand

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed 1% lower on Friday and fell even more for the week as…

March 8, 2024March 8, 2024
Apple retreats in Epic feud, allows Fortnite return in EU
Business

Apple retreats in Epic feud, allows Fortnite return in EU

By Stephen Nellis and Akash Sriram (Reuters) -Under pressure from European regulators, Apple took a step back in its feud…

March 8, 2024March 8, 2024
Bitcoin briefly rises to record high over $70,000
Business

Bitcoin briefly rises to record high over $70,000

By Hannah Lang (Reuters) – Bitcoin briefly rallied to a record high on Friday in volatile trading, as crypto mania…

March 8, 2024March 8, 2024
BYD spearheads Chinese electric car push in Australia, a friendlier market
Business

BYD spearheads Chinese electric car push in Australia, a friendlier market

(This March 5 story has been corrected to attribute a prediction to BMI, a unit of Fitch Group, and not…

March 8, 2024March 8, 2024

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