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US Cash Crude-Grades mixed as Chevron resumes Venezuela oil exports to US
HOUSTON, Jan 5 (Reuters) - Grades were mixed on Monday, dealers said, as Chevron resumed oil exports from Venezuela to the U.S. while U.S. refining capacity ticked lower. Chevron CVX.N the only U.S. oil major operating in Venezuela, is calling employees back to the South American country as its cru
Tue, Jan 6
Meta created ‘playbook’ to fend off pressure to crack down on scammers, documents show
Meta worked to make scam ads "not findable," documents showMeta devised a "global playbook" to stall verification regulations Revenue loss, costs among Meta's concerns over verificationBy Jeff Horwitz SAN FRANCISCO, Dec 31 (Reuters) - Japanese regulators last year were ups...
Tue, Jan 6
Mystery trader garners $400,000-plus windfall on Maduro's capture
Mystery trader makes $410,000 profit after betting on near-term ousting of Venezuelan presidentUnknown trader made bets amounting to $34,000 in days leading up to Maduro's captureUS lawmakers have recently pushed for stricter insider trading rulesBy Anirban Sen NEW YORK, Jan 5 (Reuters) - An ...
Tue, Jan 6
US auto sales defy regulatory uncertainty to rise 2% in 2025
Affordability remains a barrier, with executives called to testify in Senate hearingGasoline-powered trucks and SUVs drive demand despite EV market turbulenceAnalysts split on 2026 auto market outlook amid economic uncertaintyBy Nora Eckert and Kalea Hall DETROIT, Jan 5 (Reuters) - Sales of new c
Tue, Jan 6
Intel launches next-gen PC chip at CES in Las Vegas
Intel's Panther Lake chip uses new 18A manufacturing processIntel aims to regain market share from AMD with new chipAMD and Nvidia also present at CES with AI chip announcementsBy Max A. Cherney Jan 5 (Reuters) - Intel INTC.O launched Panther Lake, its new AI chip for laptops, on Monday at th...
Tue, Jan 6
Tesla UK car sales slump 29% in December as competition heats up, data shows
Jan 6 (Reuters) - Tesla's TSLA.O UK car registrations dropped by more than 29% year-on-year in December, industry data showed on Tuesday, underscoring the intense competition faced by the U.S. electric vehicle maker in its largest European market.The Elon Musk-led company's UK registrations ...
Tue, Jan 6
South Korea's Lee says Seoul and Beijing need to expand AI cooperation, Yonhap says
South Korean President Lee Jae Myung said on Monday that South Korea and China need to expand economic cooperation over artificial intelligence (AI), the Yonhap News Agency reported.
Mon, Jan 5
Asian stocks hit early 2021 highs as AI optimism outweighs Venezuela risks
Singapore, S.Korea, Taiwan, Indonesia equities hit record highsRelative strength index for Taiwan, S.Korea in overbought zoneMSCI EM Asia at February 2021 highsASEAN index at January 2020 peakSingapore dollar at lowest since December 22By Shivangi Lahiri Jan 5 (Reuters) - Emerging Asian equities...
Mon, Jan 5
Venezuela's Maduro to appear in US court, Trump says further strikes possible
Trump considers further military action if Venezuela doesn't cooperateMaduro faces U.S. court on narco-terrorism chargesOther countries express concerns over legality of Maduro's seizure Jan 5 (Reuters) - Deposed Venezuelan President Nicolas Maduro was due to appear in a U.S. court on Mon...
Mon, Jan 5
Chicago wheat edges higher on Black Sea tensions; soy rebounds on bargain buying
BEIJING, Jan 5 (Reuters) - Chicago wheat futures ticked higher on Monday on uncertainty over Black Sea export flows and dry weather in the U.S. Plains, while ample global supplies capped gains.
Mon, Jan 5
Trump warns of higher tariffs on India over Russian oil purchases
The United States could raise tariffs on India if New Delhi doesn't meet Washington's demand to curb purchases of Russian oil, President Donald Trump told reporters aboard Air Force One.
Mon, Jan 5
Asian stocks hit early 2021 highs as AI optimism outweighs Venezuela risks
Emerging Asian equities rose to the highest point in nearly five years on Monday, led by record gains in Taiwan, South Korea, Singapore, and Indonesia, as investors stayed focused on AI-linked assets, unfazed by U.S. military action in Venezuela.
Mon, Jan 5
WRAPUP 11-Trump says second Venezuela strike possible if government does not cooperate
Trump suggests military action on Colombia, Mexico also possibleSays Venezuelan immigrants in the US were also a factor in the raidMaduro allies still run countryCaracas streets quiet amid anxiety over next developments ABOARD AIR FORCE ONE, Jan 4 (Reuters) - U.S. President Donald Trump ...
Mon, Jan 5
Investors face more geopolitical whiplash from Trump's Venezuela gamble
Markets face fresh geopolitical risk from US capture of MaduroUncertainty over Venezuela's oil output and investment prospectsFlight to safe-haven assets may materialise in short termBy Amanda Cooper, Dhara Ranasinghe and Saeed Azhar LONDON/NEW YORK, Jan 4 (Reuters) - Global investors are fac...
Mon, Jan 5
Restoring democracy in Venezuela must respect its people's will, EU countries say
BRUSSELS, Jan 4 (Reuters) - The principles of international law must be upheld in Venezuela and the will of the country's people must be respected, the European Union said on Sunday, in a statement supported by all members of the bloc except for Hungary.The U.S. attacked Venezuela on Saturday an...
Mon, Jan 5
Dollar firmer as Venezuela raid hangs over sentiment
TOKYO, Jan 5 (Reuters) - The dollar started the first full trading week of the new year on the front foot, rising to a 3-1/2-week high versus the euro and gaining against sterling.Currency moves have so far been modest on Monday, although the United States' audacious raid in...
Mon, Jan 5
Russian politicians say Trump strike on Venezuela unlawful, destabilising
MOSCOW, Jan 4 (Reuters) - Russia’s Security Council deputy chairman Dmitry Medvedev and a senior lawmaker said over the weekend that U.S. President Donald Trump’s actions in Venezuela were unlawful and destabilising, while portraying them as a blunt assertion of U.S. interests. The comments
Mon, Jan 5
Japan's factory activity steadies as demand declines slow, PMI shows
TOKYO, Jan 5 (Reuters) - Japan's manufacturing activity stalled in December as demand declined at a slower pace from the previous month, a private-sector survey showed, ending a five-month streak of deterioration.The S&P Global Japan Manufacturing Purchasing Managers&#...
Mon, Jan 5
Venezuela's oil and mining sectors: large potential, weak infrastructure
Jan 4 (Reuters) - Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by U.S. forces on Saturday, according to U.S. President Donald Trump. RESERVESVenezuela has the world's largest estimated oil reserves but its crude outp...
Mon, Jan 5
US sanctions policy to determine Venezuela's oil production outlook, Goldman says
SINGAPORE, Jan 5 (Reuters) - Venezuela's oil production outlook this year will depend on how U.S. sanctions policy evolves, Goldman Sachs analysts said, after U.S. President Donald Trump deposed Venezuelan President Nicolas Maduro.The U.S. snatched Maduro from Caracas at the weekend and Trump sa...
Mon, Jan 5
