Chevron to take up to $4 billion in charges in Q4
By Arunima Kumar (Reuters) -Chevron said on Tuesday it would take non-cash writedowns on U.S. oil and gas production, primarily…
Category: Business
Bitcoin climbs above $45,000 to 21-month peak as new year kicks off
By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022,…
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…
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,…