DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby’s majority owner Patrick Drahi will invest $1 billion in the auction…
Explainer-How Trump could influence the Fed
(Reuters) – Republican presidential candidate Donald Trump on Thursday offered the most explicit indication so far of his interest in…
US releases $3.5 billion to Israel to spend on US weapons, military equipment, CNN reports
WASHINGTON (Reuters) – Washington is set to provide Israel with $3.5 billion to spend on U.S. weapons and military equipment,…
Fed responds to economic data, not politics or stocks, says Chicago Fed’s Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Thursday reiterated that the central bank’s job is not to…
Mexico cuts interest rate to 10.75% in divided vote, but sees higher inflation
By Ana Isabel Martinez, Adriana Barrera and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexico’s central bank lowered its benchmark interest rate…
Air-taxi maker Archer plans to launch air mobility network in LA as early as 2026
(Reuters) – Archer Aviation said on Thursday it plans to launch an air mobility network in Los Angeles, with operations…
Boeing’s new CEO moves to factory heartland to stem safety crisis
By Allison Lampert and David Shepardson WASHINGTON (Reuters) -Boeing’s new CEO Kelly Ortberg said on Thursday he would be based…
Novartis, Viatris face new lawsuit over ‘HeLa’ cell misuse claims
By Blake Brittain (Reuters) – Novartis and Viatris were hit with a federal lawsuit in Maryland on Monday by the…
Lucid gets up to $1.5 billion in funding from Saudi shareholder
(Reuters) -Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject up to $1.5 billion…
Nvidia’s AI chip demand to face limited impact from potential production delay, analysts say
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may be exaggerated, analysts said, as…