By Douglas Gillison, Joanna Plucinska and Sophie Yu (Reuters) -Major international air carriers suspended or scaled back flights to or…
Month: October 2023
Tesla’s China-made EV sales volume falls 10.9% year-on-year in Sept
BEIJING/SHANGHAI (Reuters) – U.S. automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year…
Oil, gold jump on Middle East conflict; US stocks end higher
By Caroline Valetkevitch NEW YORK (Reuters) – Oil prices jumped more than 4%, gold gained and the safe-haven U.S. dollar…
Activist Peltz wants ‘multiple’ seats at Disney, owns $2.5 billion stake in Mouse House
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz is planning a new board challenge at Walt Disney…
Analysis-Why Elon Musk might lose his latest battle with the SEC over Twitter probe
By Chris Prentice WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) has taken Elon Musk to court again, and…
Middle East violence rattles markets, oil jumps
LONDON/NEW YORK (Reuters) – Oil surged, along with U.S. and European defense stocks, while airline shares plunged after Israel pounded…
Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal
By Michael Erman (Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to $5.8…
Sam Bankman-Fried judge cracks jokes, loses patience with defense at FTX trial
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried’s fraud trial has featured dense testimony about computer code, cryptocurrency and…
Attack on Israel boosts appeal of gold, safe-haven assets
NEW YORK (Reuters) -The violence in Israel that erupted this weekend is prompting a move into safe-haven assets as investors…
Walgreens pharmacy employees plan walkout at US stores, CNN reports
(Reuters) – Pharmacy employees at some U.S. Walgreens stores, including pharmacists, technicians and support staff, plan a walkout between Monday…