Oil heads for 7th weekly loss with supply surplus, weak China demand
(Reuters) – Oil benchmarks were headed for a seventh straight weekly decline on worries over a global supply surplus and…
Nvidia eyes partnership for AI cloud infrastructure in Johor Bahru
Nvidia Corporation (NASDAQ:NVDA) is reportedly nearing a collaboration with YTL Corporation Berhad to establish a cloud infrastructure project in Johor…
FedEx faces US racketeering lawsuit by former delivery contractor
(Reuters) – A company that FedEx (NYSE:FDX) once contracted to deliver packages on the California-Oregon border has sued the shipper,…
UK antitrust regulator reviewing Microsoft, OpenAI partnership
(Reuters) – Britain’s antitrust regulator will review whether Microsoft (NASDAQ:MSFT)’s partnership with OpenAI has resulted in an “acquisition of control,”…
Israel, on Reuters finding its forces killed Lebanon journalist, says area a combat zone
(Reuters) – The Israeli military, responding on Friday to a Reuters investigation that determined its forces killed a Reuters journalist…
Britain’s Marex Group files for US IPO
(Reuters) – Marex Group, a British commodities broker, announced plans on Friday to list its shares in New York, the…
Bernstein’s best idea for 2024? Short Tesla stock
Bernstein is promoting short Tesla (NASDAQ:TSLA) stock as its “best idea for 2024,” with their analysts seeing nearly 40% downside…
Cerevel options trading surge before AbbVie deal news raises eyebrows
(Reuters) – Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge along with its stock price…
TSMC November sales dip 7.5%, annual figures also down
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported a 7.5% drop in its November sales, totaling NT$206…
US envoy for North Korea to join Hyundai Motor as an adviser
(Reuters) – The U.S. special representative for North Korea Sung Kim will join South Korean automaker Hyundai Motor (OTC:HYMTF) as…