Alibaba Group says repurchased $9.5 billion worth shares in 2023
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5…
Category: Business
Mega-cap companies saw strong gains in 2023 amid tech optimism
(Reuters) – Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial…
China Evergrande’s EV share sale deal lapses
By Summer Zhen HONG KONG (Reuters) – A share sale plan between China Evergrande New Energy Vehicle Group, the electric…
DoorDash plots expansion outside core restaurant business in US – FT
(Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the…
BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF
By Suzanne McGee and Hannah Lang (Reuters) – Asset management firms hoping to be among the first to win regulatory…
Oil prices shed 10% in 2023 as supply, demand concerns weigh
By Nicole Jao NEW YORK (Reuters) -Crude futures lost over 10% in 2023 in a tumultuous year of trading marked…
Gold to enter 2024 with sights set on record highs
By Deep Kaushik Vakil (Reuters) – Gold investors anticipate record high prices next year, when the fundamentals of a dovish…
Boeing says Chinese airlines resumed operating all 737 MAXs in 2023
BEIJING/SEOUL (Reuters) -All Boeing 737 MAX jets operated by Chinese carriers are back in service at the end of 2023,…
Google settles $5 billion consumer privacy lawsuit
By Jonathan Stempel (Reuters) – Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use…
Boeing urges 737 MAX inspections for possible loose bolt
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Airplane maker Boeing is urging airlines to inspect 737 MAX airplanes for…