Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion
By Shivansh Tiwary and Anirban Sen (Reuters) -Japan’s Nippon Steel clinched a deal on Monday to buy U.S. Steel for…
Category: Business
Global shares up with Treasury yields, oil rallies on supply worries
By Sinéad Carew NEW YORK (Reuters) -MSCI’s global equity index advanced slightly, oil prices rallied on supply concerns and U.S.…
OpenAI outlines AI safety plan, allowing board to reverse decisions
By Anna Tong Artificial intelligence company OpenAI laid out a framework to address safety in its most advanced models, including…
Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth
(Reuters) -Global growth will likely slow in 2024 but a dovish tilt in the Federal Reserve’s rhetoric has raised hopes…
Goldman Sachs faces rocky exit from Apple credit card partnership
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Four years after Goldman Sachs introduced a credit card with Apple,…
US stock short sellers down $145 billion in 2023 – Ortex
By Saqib Iqbal Ahmed NEW YORK (Reuters) -A late-year surge in stocks is exacerbating the pain of short-sellers, who are…
US SEC says no to new crypto rules; Coinbase asks court to review
By Chris Prentice, Michelle Price and Mike Scarcella WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday denied a…
BlackRock, State Street subpoenaed by U.S. House in ESG probe
By Makini Brice (Reuters) -The U.S. House of Representatives Judiciary Committee said it had subpoenaed BlackRock and State Street for…
OpenAI CEO promotes crypto project Worldcoin after fundraising report
By Elizabeth Howcroft and Martin Coulter LONDON (Reuters) – OpenAI CEO Sam Altman has doubled down on his vision for…
Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling over 2 million vehicles in the U.S. to install new safeguards in…