By Marc Jones LONDON, Dec 17 (Reuters) – Wall Street opened higher on Wednesday as the blockbuster battle for Warner Bros Discovery vied for attention with Federal Reserve speakers and leaping oil prices after U.S. President Donald Trump’s latest power-play in Venezuela. Netflix’s shares opened 2.5% higher after the WBD board rejected Paramount Skydance’s $108.4…
By Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) – The European Commission unveiled a plan on Tuesday to drop the EU’s effective ban on new combustion-engine cars from 2035 after pressure from the region’s auto sector, marking the bloc’s biggest retreat from its green policies in recent years. The move, which still needs approval from EU…
By Jamie McGeever ORLANDO, Florida, Dec 16 (Reuters) – Wall Street mostly fell on Tuesday – the Nasdaq bucked the trend and rose – while the dollar and Treasury yields slid after figures showed the U.S. unemployment rate in November rose to 4.6%, the highest in more than four years. More on that below. In…
Global Demand for Defense Metals Is Surging 7X Strange picture predicts the market’s next move? [sponsor] Global Demand for Defense Metals Is Surging 7X [sponsor] Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill…
By Heejin Kim SEOUL, Dec 15 (Reuters) – Former South Korean President Yoon Suk Yeol tried to provoke North Korea into mounting an armed aggression to create justification for the December 2024 martial law declaration and to eliminate political opponents, a special prosecutor said. The special prosecutor, Cho Eun-seok, told a briefing on Monday his…
By Jessie Pang and James Pomfret HONG KONG, Dec 15 (Reuters) – Hong Kong media tycoon and pro-democracy activist Jimmy Lai was found guilty on Monday in his landmark security trial on charges of conspiracy to collude with foreign forces and sedition, which could mean life in prison. The 78-year-old Lai, founder of the pro-democracy…
By Rajesh Kumar Singh and Nathan Gomes CHICAGO, Dec 15 (Reuters) – Spirit Airlines said Monday it has secured an additional $100 million in emergency financing to support its operations and restructuring efforts while under bankruptcy protection. The move comes amid mounting speculation about the ultra-low-cost carrier’s future. Aviation outlet The Air Current reported Friday…
By Tim McLaughlin Dec. 14 (Reuters) – BNSF Railway, one of the crown jewels of Warren Buffett’s sprawling Berkshire Hathaway conglomerate, calls itself an environmental leader in the U.S. rail industry with the cleanest locomotive fleet in North America. “When you see our orange locomotives’ and freight cars’ steel wheels moving on steel rails, think…
By Friederike Heine, Matthias Williams and Olena Harmash BERLIN/KYIV, Dec 14 (Reuters) – Ukraine has relinquished its ambition of joining the NATO military alliance in exchange for Western security guarantees as a compromise to end the war with Russia, President Volodymyr Zelenskiy said ahead of talks with U.S. envoys in Berlin. The move marks a…
By Menna AlaaElDin and Muhammad Al Gebaly CAIRO, Dec 14 (Reuters) – Hamas’ chief negotiator Khalil Al-Hayya said on Sunday that a targeted assassination by Israel on Saturday of one of the group’s senior commanders threatens the “viability of the truce” in the enclave. In a televised address, Hayya, who is also exile Gaza Hamas…
