Business News
ExxonMobil Exploration & Production Suriname, an affiliate of ExxonMobil, has announced its withdrawal from Block 52 offshore Suriname. This move is part of an ongoing assessment of its global portfolio by ExxonMobil, which has formally notified Staatsolie, a vertically integrated state-owned commercial entity, of its exit from the block. The company will transfer its 50% … Read more
RomanBabakin Huawei Technologies intends to begin mass-manufacturing of its most advanced AI chips in the first quarter of 2025, despite struggles to make enough processors due to U.S. export curbs, Reuters reported, citing people with knowledge of the matter. The Chinese
Former President Trump announces a new tax credit proposal while at his rally in Madison Square Garden. The state of Michigan is on track to allow for the unionization of home health care workers, including caregivers aiding ill and infirm family members, starting next year in a move that critics say would hurt caregivers The Democrat-controlled … Read more
By Anastasiia Malenko, Tom Balmforth and Max Hunder KYIV (Reuters) -Russia launched an intercontinental ballistic missile during an attack on Ukraine on Thursday, Kyiv’s air force said, in the first known use in the war of a powerful weapon designed to deliver nuclear strikes thousands of kilometres away. The launch was the latest sign of … Read more
More than 40,000 people marched on the New Zealand capital this week, in a show of anger at a proposed overhaul of a treaty underpinning Maori rights, as a conservative backlash against the liberal policies of former prime minister Jacinda Ardern gained traction. The protest — which included the famous “haka” dance — demonstrated the … Read more
As incoming White House chief of staff, one of Susie Wiles’ vexing challenges will be policing the buffet line of powerful interests who want something from Donald Trump. It’s a world she knows well. During Trump’s first presidency, she lobbied for many of them. Trump was first elected on a pledge to “drain the swamp” in … Read more
Aside from being multibillionaires, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett and MicroStrategy (NASDAQ: MSTR) CEO Michael Saylor don’t have too much in common. One is a traditional investor in his mid-90s while the other is in his late 50s and has branched out into newer investing ideas. Buffett has previously referred to Bitcoin … Read more
ismagilov Bitcoin (BTC-USD) is continuing its meteoric rise, becoming one of the most prominent “Trump trades” in the aftermath of the 2024 election. In early trading on Thursday, the crypto rose 4.3% to $97,548 and is now in clear sight of the $100,000
By Lucinda Elliott MONTEVIDEO (Reuters) – Uruguayan Alvaro Delgado, a 55-year-old former senator and the conservative ruling coalition’s continuity candidate for president, is counting on support from an eliminated ally to triumph against the center-left frontrunner in Sunday’s run-off election. Delgado trained as a vet and until recently was Cabinet chief for President Luis Lacalle … Read more
As OpenAI raced to raise almost $7bn last month, one investor was always on hand. Thrive Capital stayed close to the AI start-up’s co-founder and chief executive Sam Altman and contributed over $1bn to a funding round that valued the artificial intelligence group at $150bn. The bet is the boldest yet for the New York-based … Read more