By Chibuike Oguh and Abhirup Roy NEW YORK (Reuters) -Shares of Rivian Automotive Inc fell by nearly 23% on Thursday,…
UK to examine Amazon and Microsoft’s cloud dominance
By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate…
Global miner BHP to focus on cost cuts, patient on M&A
By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient…
US budget fight could create opening for China in the Pacific
By David Brunnstrom WASHINGTON (Reuters) – A 45-day stopgap measure passed by the U.S. Congress to avert a government shutdown…
EV maker Rivian plans $1.5 billion convertible bond sale, shares fall
By Savyata Mishra and Abhirup Roy (Reuters) -Electric-vehicle maker Rivian Automotive on Wednesday said it plans to sell convertible green…
Oil settles down more than $5 as US data shows weak demand for gasoline
By Laura Sanicola (Reuters) -Oil prices settled down more than $5 on Wednesday as fuel demand destruction and a bleaker…
Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
(Reuters) – Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two…
Kevin McCarthy ousted by US House Republicans in historic vote
By Moira Warburton, Richard Cowan and David Morgan WASHINGTON (Reuters) -A handful of Republicans in the U.S. House of Representatives…
Exclusive-Meta to lay off employees in metaverse silicon unit on Wednesday
By Katie Paul NEW YORK (Reuters) – Meta is planning to lay off employees on Wednesday in the unit of…
Yen surges against dollar, leads some to suspect intervention
By Chuck Mikolajczak, Saqib Iqbal Ahmed and Lucy Raitano NEW YORK/LONDON/TOKYO (Reuters) -The yen strengthened sharply against the dollar on…