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Suspected China-linked hack on US telecoms worst in nation's history, senator says
  • November 22, 2024

Suspected China-linked hack on US telecoms worst in nation's history, senator says

(Reuters) - A breach of telecoms companies that the United States said was linked to China was the "worst telecom hack in our nation's history - by far", the chairman of the...

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Oil rises as intensifying Ukraine war increases supply risk
  • November 22, 2024

Oil rises as intensifying Ukraine war increases supply risk

By Laila Kearney (Reuters) - Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of...

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Microsoft’s LinkedIn lays off 200 employees- The Information
  • November 22, 2024

Microsoft’s LinkedIn lays off 200 employees- The Information

-- LinkendIn laid off about 200 employees over the past two weeks, The Information reported on Thursday, with the cuts happening within the engineering and customer...

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Gold surges and euro sags as broader war risks rise
  • November 22, 2024

Gold surges and euro sags as broader war risks rise

By Tom Westbrook SINGAPORE (Reuters) - Gold was headed for its largest weekly gain in nearly eight months on Friday and the euro hovered at a 13-month low as Russia lowered its...

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How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
  • November 22, 2024

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

By Luc Cohen NEW YORK (Reuters) - In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid...

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Oil prices rise, head for weekly gain on Russia-Ukraine tensions
  • November 22, 2024

Oil prices rise, head for weekly gain on Russia-Ukraine tensions

-- Oil prices rose in Asian trade on Friday and were headed for a positive week as increased concerns over Russia and Ukraine saw traders attach a greater risk premium...

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Hong Kong developer New World to focus on managing debt, SCMP reports
  • November 22, 2024

Hong Kong developer New World to focus on managing debt, SCMP reports

HONG KONG (Reuters) - Hong Kong property developer New World Development aims to focus on its debt load before any consideration of mergers or acquisitions, according to chairman...

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Target PT Cut to $160 from $180 at Morgan Stanley
  • November 21, 2024

Target PT Cut to $160 from $180 at Morgan Stanley

 Morgan Stanley cut its price target for Target (NYSE:TGT) to $160 from $180 on Thursday, citing recent challenges and heightened uncertainty in the retail...

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Incoming FCC chair says unlikely commission could reinstate Starlink subsidy
  • November 21, 2024

Incoming FCC chair says unlikely commission could reinstate Starlink subsidy

WASHINGTON (Reuters) - The incoming chair of the Federal Communications Commission said it is "very unlikely" the commission could reconsider its 2022 decision to deny Elon Musk's...

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Fed's Goolsbee says pace of rate cuts may need to slow
  • November 21, 2024

Fed's Goolsbee says pace of rate cuts may need to slow

By Ann Saphir (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more...

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