Chevron takeover of Hess resurrects multi-billion dollar tax shield
(Reuters) – Chevron’s deal to buy Hess (NYSE:HES) will unlock $15 billion worth of tax benefits that had once been…
Gold prices sink below $1,950 as CPI data looms
Gold prices fell below key levels in Asian trade on Tuesday, as traders pivoted into the dollar before U.S. inflation…
Yen on cusp of multi-decade lows keeps markets on intervention watch
(Reuters) – The yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either…
Dollar subdued ahead of key inflation data; sterling gains on wage growth
The U.S. dollar traded largely unchanged in early European trade Tuesday ahead of the latest inflation data that could determine…
FBI struggled to disrupt dangerous casino hacking gang, cyber responders say
(Reuters) – The U.S. Federal Bureau of Investigation (FBI) has struggled to stop a hyper-aggressive cybercrime gang that’s been tormenting…
Google antitrust trial mirrors Microsoft case, nearing conclusion
The high-profile antitrust trial involving tech giant Google (NASDAQ:GOOGL), which commenced in September, is approaching its final stages, with expectations…
Morgan Stanley sees minimal upside for S&P 500 in 2024
Morgan Stanley expects the Japanese equity market to outperform in 2024, benefitting from reflation and ROE improvement, which are considered…
Qualcomm to release Snapdragon 7 Gen3 for cost-effective smartphones
Qualcomm (NASDAQ:QCOM), a leading semiconductor and telecommunications equipment company, is set to introduce its latest mid-range processor, the Snapdragon 7…
Snap gains on report it agreed a deal with Amazon on shopping ads
Snap Inc. (NYSE:SNAP) shares rose 3.5% in early Tuesday trade after The Information reported that the social media company reached…
Microsoft, Google to not challenge EU gatekeeper designation
(Reuters) – Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL)’s Google will not challenge an EU law that would require them to make…