Tag: Business
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Five cloud business groups urge EU interim measures against Broadcom
BRUSSELS, July 14 : The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend some business practices of U.S. chipmaker Broadcom, according to a joint letter seen by Reuters.CISPE , which has nearly 50 members acros
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Oil prices rise as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains as the U.S. said it had begun a new wave of strikes against Iranian military installations on Wednesday, aiming to limit Tehran’s ability to strike commercial shipping in the Strait of Hormuz.Washington had earlier reimposed a naval blockade of Iranian ports and launched o
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Warren Buffett on the market today: ‘It’s tough to find values when everybody is preferring gambling’
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
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Inflation cools, Morgan Stanley earnings, IBM’s bad day and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Goldman Sachs’ Ruemmler to face House questioning on Jeffrey Epstein
Kathryn Ruemmler said earlier this year she would leave Goldman Sachs at the end of June after fallout over her emails with Jeffrey Epstein.
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Alibaba’s U.S.-listed shares rise 4% after Qwen AI set to be integrated in Apple Intelligence
The Cyberspace Administration of China on Wednesday included Apple’s AI services on a list of approved providers.
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Stocks making the biggest moves premarket: BlackRock, PayPal, ASML, Morgan Stanley & more
These are the stocks posting the largest moves premarket.
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Google urges EU top court to back ruling scrapping $1.7 billion antitrust fine
LUXEMBOURG, July 15 : Alphabet unit Google on Wednesday urged Europe’s top court to dismiss EU antitrust regulators’ appeal against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying the regulators’ arguments were flawed.The dispute reached the Court of Justice of the European Un
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Oil prices rise 1% as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains by around 1 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran’s Islamic Revolutionary Guard Corps threatened to close “all other export corridors that benefit the U.S. and its allies”.Brent futures gained 69 cents, or
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Japan to receive first Mexican crude cargo since start of Iran war
TOKYO, July 15 : A tanker carrying Mexican crude oil for Japan’s Cosmo Oil, a unit of Cosmo Energy, is expected to arrive in the country as early as Friday, Japan’s industry ministry said on Wednesday, providing an alternative to Middle Eastern supplies.This would mark the first arrival of Mexican crude in Ja
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