Biden blocks Nippon Steel’s $14.9 billion takeover of U.S. Steel
(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel’s $14.9 billion buyout of U.S. Steel, citing reasons related to
Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds taking long and short bets on stocks last year sported their highest average returns since 2020,
US announces $5.9 billion in military and budget aid to Ukraine
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -The United States on Monday announced nearly $6 billion in additional military and budget assistance for Ukraine
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
(Reuters) – Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout. The
Jimmy Carter funeral service to be held at Washington National Cathedral on Jan 9, NYT says
(Reuters) – A state funeral for Jimmy Carter, the former U.S. president who died on Sunday at the age of 100, will be held at
US pending home sales hit 21-month high in November
(Reuters) – Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused
Elon Musk backs AfD party in German newspaper opinion piece
BERLIN (Reuters) – U.S. billionaire Elon Musk backed Germany’s Alternative for Germany (AfD) in a guest opinion piece for Germany’s Welt am Sonntag newspaper published
Explainer-Why OpenAI plans transition to public benefit corporation
By Jaspreet Singh and Rishi Kant (Reuters) – OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit
Bezos’ Blue Origin gets FAA license for its first New Glenn rocket launch
(Reuters) – The Federal Aviation Administration said on Friday that it has issued a commercial space launch license for Blue Origin’s — Jeff Bezos’ rocket
China to cut import tariffs on some recycled copper and aluminium raw materials
SHANGHAI (Reuters) – China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on