By Byron Kaye SYDNEY, Dec 10 (Reuters) – The regulator overseeing Australia’s world-first teenage social media ban rejected the “technological…
Author: Active Trader Daily
Trump’s green light for Nvidia chip sales to China sparks US security concerns
By Karen Freifeld and Alexandra Alper Dec 9 (Reuters) – China hardliners and Democratic lawmakers slammed the Trump administration for…
Fed reappoints 11 regional bank presidents in unanimous vote
Dec 11 (Reuters) – The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to…
IMF urges China to take the ‘brave choice’: curb exports, boost consumption
(Adds dropped word ‘economy’ in second bullet point) By Joe Cash BEIJING, Dec 10 (Reuters) – The International Monetary Fund…
Costco beats quarterly sales estimates on strong demand
Dec 11 (Reuters) – Costco Wholesale beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient…
GlobalFoundries names Sam Franklin as CFO after interim stint
(Corrects first paragraph to say Franklin replaced John Hollister, not David Reeder) Dec 10 (Reuters) – GlobalFoundries on Wednesday appointed…
Brokerages stick with US rate cut forecasts despite Fed caution
By Siddarth S Dec 11 (Reuters) – Most global brokerages predict the U.S. Federal Reserve will reduce interest rates in…
Austrian appeals court blocks extradition of Ukrainian tycoon Firtash to US
VIENNA, Dec 10 (Reuters) – An Austrian court has dealt a final blow to U.S. attempts to extradite Ukrainian tycoon…
Bezos’ Blue Origin working on orbital data center technology, WSJ reports
Top News Today Bezos’ Blue Origin working on orbital data center technology, WSJ reports Meanwhile, âMusk’s SpaceX plans to use…
Boeing closes Spirit AeroSystems purchase in major supply chain realignment
By Dan Catchpole SEATTLE, Dec 8 (Reuters) – Boeing said on Monday it has closed its $4.7 billion takeover of…