Big oil enters 2024 strengthened by U.S. industry consolidation
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023,…
Tag: Updated
Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country
By Steven Scheer JERUSALEM (Reuters) -Israel’s government agreed to give Intel a $3.2 billion grant for a new $25 billion…
Christmas in China brings glittering decor and foreign influence concerns
By Ryan Woo BEIJING (Reuters) -Giant Christmas trees adorned with lights, tinsel and gift boxes greet shoppers at glittering malls…
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) – Wall Street is counting on the so-called Santa Claus Rally to bring record…
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost…
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above…
US inflation decelerating in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing…
Not so ‘Super’ Saturday: Retailers dangle fewer discounts for inflation-weary shoppers
By Katherine Masters NEW YORK (Reuters) – Last-minute shoppers looking for late deals ahead of Christmas may find smaller discounts…
More ships carrying oil avoid Red Sea route
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – At least two ships transporting oil or oil products between the…
Biden pardons marijuana offenders, cuts non-violent drug sentences
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Friday reduced the prison terms of 11 people serving decades-long…