TikTok owner ByteDance offers to buy back shares from staff at $160 apiece
(Reuters) – China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees…
Oil prices sputter near 3-month lows as demand concerns mount
(Reuters) – Oil prices struggled on Wednesday after sliding to their lowest levels in over three months in the previous…
Gold prices under pressure with Powell speech in focus
Gold prices moved little in Asian trade on Wednesday, but were nursing steep losses over the past two sessions as…
Oil dives 4% to lowest since July on demand worry, strong dollar
(Reuters) – Oil prices fell more than 4% on Tuesday to their lowest since late July, as mixed Chinese economic…
Factbox-China property rescue: Who are Ping An Insurance Group and Country Garden?
(Reuters) – Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the…
Earnings call: Nine Energy Service optimistic about Q4 and 2024 despite Q3 decline
In its Q3 2023 earnings report, Nine Energy Service (NYSE:NINE) revealed a revenue of $140.6 million and adjusted EBITDA of…
Reaction to Reuters report on Ping An, Country Garden
(Reuters) – Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the…
Continental hikes car market forecast, warns on 2024 outlook
(Reuters) – Germany’s Continental expects a strong fourth quarter for its automotive business and higher growth in the global auto…
Expeditors misses profit estimates on gloomy freight demand
(Reuters) – Logistics services provider Expeditors International (NASDAQ:EXPD) of Washington missed estimates for third-quarter profit on Tuesday due to a…
Coinbase to cease Bitcoin SV support amid ongoing controversy
Coinbase (NASDAQ:COIN), a top-tier U.S. cryptocurrency exchange, has announced it is discontinuing support for Bitcoin SV (BSV) by January 9,…