Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. The companies, which aim to reach a “final agreement” … Read more
U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters President-elect Donald Trump said Sunday Russian President Vladimir Putin has expressed his interest in a meeting regarding the war with Ukraine. “President Putin said that he wants to meet with me as soon as possible,” … Read more
Omer Taha Cetin | Anadolu | Getty Images Bitcoin fell sharply on Friday amid broader investor caution toward risk assets. Bitcoin dipped below the $93,000 mark earlier in the day before trading above that price in volatile trade. The digital asset was last trading at $97,491.71, according to Coin Metrics, down around 5% from 24 … Read more
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty Images News | Getty Images Italy’s UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives, as markets watch whether it will take the leap with a buyout … Read more
President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday after vowing an economic boom to a cheering crowd of traders and business leaders. “We’re with you all the way,” the incoming Republican president said in the NYSE building in lower Manhattan, where he was invited after becoming TIME’s “Person … Read more
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia shares were under pressure Monday after a regulator in China said it was investigating the chipmaker … Read more
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters Eight members of the OPEC+ oil producers’ alliance will postpone plans to unwind a voluntary 2.2-million-barrels-per-day output cut until April 2025, amid a lukewarm … Read more
A visitor looks at screens at the Korea Exchange (KRX) headquarters in Seoul, South Korea, on Wednesday, Dec. 4, 2024. Bloomberg | Bloomberg | Getty Images An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia’s fourth-largest economy, analysts say, although some see reason to be more upbeat … Read more
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Verona GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide … Read more
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters The OPEC+ oil alliance postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told … Read more