(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a…
Category: Economy
Biden, McCarthy appear near two-year deal on US debt ceiling as default looms
By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy…
Companies beef up contingency plans ahead of US debt-ceiling deadline
By Laura Matthews NEW YORK (Reuters) – Some corporate treasurers are stepping up their contingency plans to address any upcoming…
Nvidia close to becoming first trillion-dollar chip firm after stellar forecast
By Aditya Soni (Reuters) -Nvidia Corp soared about 26% on Thursday taking it closer to a market value of $1…
Exclusive-From Russia with gold: UAE cashes in as sanctions bite
By Peter Hobson (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western…
White House criticizes Republicans, says ‘preventing default’ is not a concession
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -The White House on Wednesday criticized Republicans and said averting default is…
EU court rejects Meta challenge to antitrust information requests
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms suffered a setback on Wednesday as Europe’s second-top court ruled as…
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said…
Oil rises as US gasoline supplies tighten, Saudi says: ‘watch out’
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning…
Banks win dismissal of U.S. silver price-fixing litigation
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC…