US Treasury targets Russia’s Gazprombank with new sanctions
By Timothy Gardner, Daphne Psaledakis WASHINGTON (Reuters) -The U.S. imposed fresh sanctions on Russia's Gazprombank on Thursday, the Treasury Department...
Technology & Startups
Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants
By Erwin Seba HOUSTON (Reuters) - Exxon Mobil Corp (XOM), which is facing a California lawsuit over its alleged role...
Temu Owner PDD’s Sales Slow Sharply After China Market Sputters
(Bloomberg) -- PDD Holdings Inc. reported sales that missed estimates, lending weight to fears that China’s slowdown is hurting its...
Alibaba Anoints New Chief in Revamp of Stalling Commerce Arm
(Bloomberg) -- Alibaba Group Holding Ltd. has appointed a veteran executive the overseer of its entire online e-commerce operation, setting...
Key events in Gautam Adani’s US indictment over alleged bribery scheme
NEW DELHI (Reuters) - Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a...
Bain-Backed Kioxia Plans Tokyo IPO at $4.8 Billion Valuation
(Bloomberg) -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange in mid-December at a value of about...
Justice Department Seeks Google Chrome Sale to Curb Monopoly
(Bloomberg) -- The Justice Department and a group of states proposed a raft of changes to the business practices of...
Oil prices firm as geopolitical tensions raise supply concerns
By Arathy Somasekhar (Reuters) - Oil prices edged higher on Thursday due to supply concerns triggered by escalating geopolitical tensions...
Snowflake Shares Jump on Strong Product Sales Growth Outlook
(Bloomberg) -- Snowflake Inc. gained 18% in extended trading after the company gave a better-than-expected sales outlook, suggesting newly launched...
Nvidia Forecast Fails to Meet Loftiest Estimates for AI Star
(Bloomberg) -- Nvidia Corp., the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed...
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