Today: May 17, 2024
Today: May 17, 2024

Business

China unveils 'historic' steps to stabilise crisis-hit property sector

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, allowing local governments to buy "some" apartments

China unveils 'historic' steps to stabilise crisis-hit property sector

Republicans urge Biden to prevent French work with Russian nuclear power company

Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working on civil nuclear power

Republicans urge Biden to prevent French work with Russian nuclear power company

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Probe launched after Boeing cargo plane lands in Istanbul without front landing gear

By Huseyin Hayatsever and Bulent Usta ISTANBUL (Reuters) -A FedEx Airlines Boeing 767 cargo plane landed at Istanbul Airport on Wednesday without its front landing gear, a Turkish Transport Ministry

Probe launched after Boeing cargo plane lands in Istanbul without front landing gear

Egypt's foreign debt rises $3.5 billion in last quarter of 2023

Egypt's foreign debt climbed by $3.5 billion in the three months to the end of December, according to central bank data released on Thursday.

Egypt's foreign debt rises $3.5 billion in last quarter of 2023

Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States

Taiwan is selling more to the US than China in major shift away from Beijing

Turkey unveils package to rein in spending, boost efficiency

Turkey will rein in public spending and boost efficiency under a savings plan announced on Monday, launching only essential state investment projects in a fresh

Turkey unveils package to rein in spending, boost efficiency

China rolls out new measures to fix its property crisis, spur growth

China has announced fresh measures to reinvigorate its ailing property industry after the latest data showed housing prices slumped in April

China rolls out new measures to fix its property crisis, spur growth

US crude, fuel inventories fall as refining, demand pick up, EIA says

By Liz Hampton and Laila Kearney (Reuters) -U.S. crude oil, gasoline and distillate inventories fell last week as both refining activity and fuel demand rose, the Energy Information Administration (

US crude, fuel inventories fall as refining, demand pick up, EIA says

Cannabis stocks rally after DOJ proposal to reclassify marijuana

Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S.

Cannabis stocks rally after DOJ proposal to reclassify marijuana

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

Markets upbeat ahead of China data dump

A look at the day ahead in Asian markets.

Markets upbeat ahead of China data dump

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

AI voiceover company stole voices of actors, New York lawsuit claims

By Blake Brittain (Reuters) -Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and using them

AI voiceover company stole voices of actors, New York lawsuit claims

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Dow tops 40,000, Biden trolls Trump in split-screen video

The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S.

Dow tops 40,000, Biden trolls Trump in split-screen video

OpenAI strikes deal to bring Reddit content to ChatGPT

(Reuters) -Reddit has partnered with OpenAI to bring its content to popular chatbot ChatGPT, the companies said on Thursday, sending the social media platform's shares up 12% in extended trade.

OpenAI strikes deal to bring Reddit content to ChatGPT

White House's Brainard says China's exports can undermine investments in US

White House National Economic Adviser Lael Brainard said on Thursday China's industrial capacity and exports in certain sectors are so large, they can undermine the viability of

White House's Brainard says China's exports can undermine investments in US

IMF: U.S. should keep open trade, work with China to resolve disputes

By David Lawder WASHINGTON (Reuters) -The U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties on Chinese goods, the International Monetary Fund

IMF: U.S. should keep open trade, work with China to resolve disputes

Georgia's central bank spends $60 million to support lari amid political crisis

Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its

Georgia's central bank spends $60 million to support lari amid political crisis

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

The United Auto Workers union faces the latest test of its ambitious plan to unionize auto plants in the historically nonunion South when a vote ends at two Mercedes-Benz factories near Tuscaloosa, Alabama

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

Fine dining, at a new high. A Michelin-starred chef will take his cuisine to our upper atmosphere

A Danish Michelin-starred chef has teamed up with the Florida-based startup Space Perspective to take fine-dining to our upper atmosphere in late 2025

Fine dining, at a new high. A Michelin-starred chef will take his cuisine to our upper atmosphere

The Dow's climb to a record 40,000 points

The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as

The Dow's climb to a record 40,000 points

Oil set for weekly gain on hopes of firmer demand

By Alex Lawler LONDON (Reuters) -Oil prices rose on Friday, with global benchmark Brent set for its first weekly gain in three weeks as economic indicators from big consumers China and the United

Oil set for weekly gain on hopes of firmer demand

GM, LG agree on $150 million relief fund for Chevy Bolt EV owners over faulty batteries

General Motors and South Korean battery firm LG Energy Solution reached a settlement to establish a $150 million fund to provide monetary relief to Chevrolet Bolt EV owners who were

GM, LG agree on $150 million relief fund for Chevy Bolt EV owners over faulty batteries
LA Post

Follow