By Summer Zhen HONG KONG (Reuters) -Investors are waiting for a big burst of stimulus from China before they make…
Category: Business
Lofty valuations on US stocks a growing worry for investors
By Lewis Krauskopf NEW YORK (Reuters) -Some Wall Street banks are sounding caution on the U.S. stock rally, warning that…
US opens probe into Ford Explorer recalls over power loss reports
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Saturday they are investigating Ford Motor’s prior recalls of…
Exclusive-Nissan investigates claims CEO put deputy under surveillance
By Daniel Leussink, Norihiko Shirouzu and Maki Shiraki TOKYO (Reuters) – Nissan has launched an investigation into claims by a…
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new…
IBM nears $5 billion deal for software provider Apptio – WSJ
(Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported…
Goldman Sachs faces big writedown on GreenSky deal – CNBC
(Reuters) – Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky…
Bitcoin hits more than 1-year high amid BlackRock ETF excitement
By Hannah Lang and Chibuike Oguh (Reuters) -Bitcoin, the world’s largest cryptocurrency, hit a more than one-year high on Friday,…
Pot producer Canopy raises going concern doubts, shares tumble
(Reuters) – Shares of Canada’s Canopy Growth fell 6.5% on Friday after the pot producer posted a wider quarterly loss…
3M reaches tentative $10.3 billion deal over US ‘forever chemicals’ claims
By Clark Mindock (Reuters) -3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems…