Oil up on prospect of OPEC+ holding cuts, weaker US dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices rose by more than $1 a barrel on Tuesday on the expectation…
2024
Meme stock GameStop climbs after raising $933 million in share sales
(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing…
Hess shareholders approve merger with Chevron
By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and current market expectations for easing…
Exclusive-Operations to destroy illegal roads in Colombia’s Amazon hit standstill, sources say
By Oliver Griffin BOGOTA (Reuters) – Government measures to destroy illegal roads in and around Colombia’s Amazon rainforest are stalled,…
Elon Musk’s xAI valued at $24 billion after fresh funding
(Reuters) -Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion…
Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales
By Casey Hall SHANGHAI (Reuters) – AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer…
Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its…
Dell hits record high amid rally in AI stocks
By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies…