Factbox-Citi raises three-month gold price target to $3,500 per ounce
(Reuters) – Citi Research raised its gold price target for the next three months to $3,500 per ounce from $3,200,…
Category: Business
Bankers get creative to sign M&A deals in Trump’s trade war
By Milana Vinn, Amy-Jo Crowley and Abigail Summerville (Reuters) – After U.S. President Donald Trump’s tariffs sent global markets sideways,…
Ford halts shipments of vehicles to China amid tariffs, WSJ reports
(Reuters) -Ford Motor has halted shipments of its SUVs, pick-up trucks and sports cars to China in the wake of…
Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports
(Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, has laid off hundreds of employees in the past several months…
Zoom down for thousands of users, Downdetector shows
(Reuters) – Video-conferencing platform Zoom Communications services were down for thousands of users on Wednesday, according to outage tracking website…
Intel will need license to export AI chips to Chinese clients, FT reports
(Reuters) – American chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its…
Judge scraps US rule capping credit card late fees at $8
By Jonathan Stempel (Reuters) -A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit…
United Airlines warns of profit risks if US economy falters
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines forecast lower-than-expected profit for the current quarter on Tuesday and warned of…
UnitedHealth asks healthcare providers for hack loan repayments
By Amina Niasse and Bhanvi Satija (Reuters) -UnitedHealth Group is demanding that healthcare providers repay the loans they received from…
Foreign investors dump $6.5 billion of U.S. equities in a week
LONDON (Reuters) – Foreign investors dumped $6.5 billion of U.S. equities in the five trading sessions ending Wednesday, BofA Global…