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Business News

A Fed Governor Reiterates That Rate Cuts Are Coming

16/01/2024 21:01 - Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as inflation cools — though timing was uncertain. ...

Shell to Sell Its Onshore Nigeria Oil Business for $1.3 Billion

16/01/2024 21:01 - The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. ...

Judge Blocks JetBlue From Buying Spirit Airlines

16/01/2024 20:01 - A federal judge said the $3.8 billion deal would reduce competition in the airline industry. ...

The Emmys Signal the End of the Peak TV Era

16/01/2024 17:01 - The Emmys on Monday night felt in many ways like a book end to one of the defining features of the streaming era: a never-ending supply of new programming. ...

Shell to Sell Its Nigeria Oil Business for $1.3 Billion

16/01/2024 17:01 - The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. ...

Musk Demands Bigger Stake in Tesla as Price for A.I. Work

16/01/2024 16:01 - Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent. ...

Lawmakers Strike Tax Deal, but It Faces Long Election-Year Odds in Congress

16/01/2024 16:01 - A $78 billion package to revive an expansion of the child tax credit and expired business breaks has drawn bipartisan support in the House and Senate. ...

Goldman Sachs Sticks the Landing at End of Tumultuous Year

16/01/2024 15:01 - The Wall Street bank earned $2 billion in the fourth quarter, beating expectations, after a period marked by management missteps. ...

Fujitsu apologises for its part in UK Post Office scandal

16/01/2024 15:01 - Fujitsu, the company behind the Horizon IT contract that caused a scandal for the UK Post Office, has apologised for its part in the fiasco and says it is planning to contribute to the compensation package for the wronged sub-postmasters. ...

Artificial Intelligence, Ukraine, China — The Big Buzz at Davos

16/01/2024 15:01 - C.E.O.s and world leaders gather in the Swiss Alps this year as war, trade risks and disruptive new technologies loom large. ...


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