Finance
Investing.com– Gold prices rose in Asian trade on Thursday as heightened tensions between Russia and Ukraine underpinned safe haven demand, helping bullion weather strength in the dollar. Gold rose for a fourth consecutive session, extending a rebound from over two-month lows. But the yellow metal’s pace of gains now appeared…
By Jody Godoy (Reuters) -Alphabet’s Google (NASDAQ:) must sell its Chrome browser, share data and search results with rivals and take other measures – including possibly selling Android – to end its monopoly on online search, prosecutors argued to a judge on Wednesday. Such changes could result in Google being…
Jimmy Lai was the chief of the now-defunct Hong Kong tabloid Apple Daily.Now 77, he’s facing a life sentence in a national security trial in Hong Kong.He was arrested in August 2020 after the intense anti-China government protests of 2019.Jimmy Lai, once one of Hong Kong’s most outspoken media tycoons,…
By Lisa Baertlein LOS ANGELES (Reuters) – Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe. Their order books, however,…
By Hyunjoo Jin, Cynthia Kim and Kane Wu SEOUL (Reuters) -A takeover battle over Korea is adding pressure on Seoul to pass legislative reforms to ensure better protections for all investors in a country with a stock market dominated by family-run conglomerates. Korea Zinc Chairman Yun B. Choi, a grandson…
Ray Dalio said Trump’s approach to governance was tried by hard-right states in the 1930s.The billionaire said he isn’t labeling Trump or his government as fascist.But he said a “government renovation” and an “America First” policy were similar to the operational styles of those regimes.Billionaire investor Ray Dalio said studying…
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left government on Thursday introduced a bill in parliament that aims to ban social media for children under 16 and proposed fines of up to A$49.5 million ($32 million) for social media platforms for systemic breaches. Australia plans to trial an age-verification system…
Cher is dating Alexander Edwards, a music executive and producer.Edwards has worked with Def Jam and Sony Music. He co-produced a song for Cher’s 2023 holiday album.He has a 5-year-old son named Slash, who’s mentioned in a footnote in Cher’s new memoir.After six decades of iconic hits and tumultuous relationships,…
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein…
OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023…
