(Reuters) – A record 21.3 million Americans have so far enrolled for coverage under Obamacare health insurance for 2024, a 31% jump over the year earlier, and the highest since …
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Nigeria central bank aims for 21% inflation, seeks to support naira
by Reutersby ReutersBy Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria’s central bank aims for inflation to fall to about 21% and will work to strengthen the country’s undervalued naira currency, Governor Olayemi Cardoso said …
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US Senate panel backs ‘big hammer’ plan to seize Russian assets to help Ukraine
by Reutersby ReutersBy Patricia Zengerle WASHINGTON (Reuters) -A U.S. Senate committee approved legislation on Wednesday that would help set the stage for the United States to confiscate Russian assets and hand them …
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PARIS (Reuters) – Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International …
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Energy Transfer: Dakota Access oil pipe won’t shut after environmental study
by Reutersby ReutersBy Arathy Somasekhar and Georgina McCartney HOUSTON (Reuters) – Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after …
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Morgan Stanley Direct Lending Fund’s shares tick down in market debut
by Reutersby Reuters(Reuters) – Shares of Morgan Stanley Direct Lending Fund (MSDL) dipped 1% in their market debut on Wednesday, as investor appetite for new issues continues to remain muted. The fund …
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By Shristi Achar A and Shubham Batra (Reuters) -European shares rose over 1% on Wednesday, boosted by technology stocks after software company SAP and chip-making equipment maker ASML Holding posted …
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Bank of Canada holds rates, says policy talks shift toward when to cut
by Reutersby ReutersBy Steve Scherer and Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada (BoC) held its key overnight rate at 5% on Wednesday and said that while underlying inflation was still …
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India’s Zee asks Sony to honour merger obligations, approaches tribunal
by Reutersby ReutersBy Chris Thomas and Kashish Tandon BENGALURU (Reuters) – Zee Entertainment on Wednesday called on Sony to honour its obligations to close a $10 billion merger deal between the companies …
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Japan’s Nippon Steel exec meets US Congress members amid US Steel deal
by Reutersby ReutersTOKYO (Reuters) – Japan’s Nippon Steel Executive Vice President Takahiro Mori has met U.S. Congress members to discuss acquisition of U.S. Steel, the company said, as it faces strong resistance …
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Woodside says Santos merger talks still at early stage as it forecasts higher production
by Reutersby ReutersBy Lewis Jackson and Himanshi Akhand (Reuters) -Woodside Energy CEO Meg O’Neill said on Wednesday there was no recent precedent for sizable premiums in oil and gas deals as the …
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Cleveland-Cliffs argued its US Steel bid was worth more than Nippon Steel’s, filing shows
by Reutersby ReutersBy Greg Roumeliotis (Reuters) -Cleveland-Cliffs Inc sought to convince U.S. Steel Corp last month that its cash-and-stock acquisition offer was worth $1.4 billion more than an all-cash winning bid from …
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Ford recalls 2.24 million Ford Explorer SUVs over trim-retention clips
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide because trim retention clips may not be properly engaged. The …
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US court clears Altana Fund to take part in auction of shares in Citgo parent
by Reutersby ReutersBy Marianna Parraga and Gary McWilliams (Reuters) -A U.S. court on Wednesday ruled that a holder of Venezuelan bonds, Altana Credit Opportunities Fund, could seek proceeds from an auction of …
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Boeing installed piece that blew off Alaska MAX 9 jet – Seattle Times
by Reutersby Reuters(Reuters) – The door plug that blew off an Alaska Airlines MAX 9 jet this month was removed for repair and reinstalled by Boeing’s <BA.N> mechanics at its Renton assembly …
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DuPont’s quarterly loss warning, gloomy forecast send shares plunging 14%
by Reutersby ReutersBy Sourasis Bose (Reuters) -Chemical maker DuPont De Nemours on Wednesday flagged a swing to a loss for the fourth quarter and forecast first-quarter sales below Wall Street estimates, sending …
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Ukraine says Russia did not ask it to ensure air space security where Russian plane crashed
by Reutersby Reuters(Reuters) – Ukraine military intelligence said Kyiv was not asked to ensure air space security on Wednesday around the Belgorod area in southern Russia as had been the case during …
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By Mike Scarcella (Reuters) -Brown, Yale and Columbia universities have agreed to pay a combined $62 million to resolve a lawsuit that accused them and others of favoring wealthy applicants, …
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Google settles AI-related chip patent lawsuit that sought $1.67 billion
by Reutersby ReutersBy Blake Brittain and Nate Raymond (Reuters) -Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing …
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Kimberly-Clark results miss estimates as boost from price hikes fade
by Reutersby Reuters(Reuters) – Kleenex tissue maker Kimberly-Clark missed expectations for fourth-quarter sales and profit on Wednesday as price-hike benefits soften, sending the company’s shares down 4.6%. The company also warned that …
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By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s central bank announced a deep cut to bank reserves on Wednesday, in a move that will inject about $140 billion of …
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By Steven Scheer JERUSALEM (Reuters) – Google is investing $8 million to support Israeli tech firms and Palestinian businesses, the Alphabet-owned group said on Wednesday, citing the need for small …
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By Jonathan Stempel (Reuters) – Levi Strauss has sued Brunello Cucinelli, accusing the Italian luxury fashion brand of infringing its trademarked rectangular pocket tab. In a complaint filed on Tuesday …
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ECB asks some lenders to monitor social media for early signs of bank runs -sources
by Reutersby ReutersBy Stefania Spezzati LONDON (Reuters) – The European Central Bank has asked some banks to closely monitor activity on social media to detect a worsening in sentiment which could lead …
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Textron sees strong 2024 profit on US Army deal, higher plane deliveries
by Reutersby ReutersBy Aishwarya Jain and Allison Lampert (Reuters) – Cessna business jet maker Textron on Wednesday forecast higher private plane deliveries this year and 2024 profit above Wall Street estimates as …