Elon Musk borrowed $1 billion from SpaceX in same month of Twitter deal – WSJ

(Reuters) – Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the…

Apple inks new long-term deal with Arm for chip technology – filing

(Reuters) – Apple (NASDAQ:AAPL) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to…

Google reaches tentative settlement in US Play Store lawsuit

(Reuters) – Alphabet (NASDAQ:GOOGL)’s Google on Tuesday tentatively settled a class action suit alleging that its U.S. Play Store had…

Oil edges lower as markets shrug off supply jitters

(Reuters) -Oil prices reversed course on Wednesday after rising over 1% in the previous session, as investors shrugged off jitters…

Gold prices under pressure as dollar nears 6-month peak

Gold prices moved little in Asian trade on Wednesday, pressured by overnight strength in the dollar and Treasury yields as…

Renault CEO says Ampere IPO value could reach $10 Billion

According to CEO Luca de Meol, Renault ‘s (EPA:RENA) Ampere electric vehicle division, set to go public through an initial…

Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023

(Reuters) – Oil prices spiked more than 1% on Tuesday after Saudi Arabia and Russia announced a fresh extension to…

American Express lifted at RBC Capital due to ‘top of wallet exposure’

RBC Capital analysts upgraded American Express (NYSE:AXP) to Outperform from Sector Perform with a new price target of $200, up…

Bernstein sees growth opportunity, initiates BYD at Outperform

Bernstein has initiated coverage of Chinese automaker, BYD Co (HK:1211) with an Outperform rating and set a 12-month price target…

UBS to absorb Credit Suisse’s Securities Research offering

(Reuters) -UBS will absorb Credit Suisse’s Securities Research service later this month, wrapping the business into its own research operations,…