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CORRECTED-Apple in talks with Indian chip makers for assembly, packaging of iPhone parts, ET reports
Dec 17 (Reuters) - Apple AAPL.O is in preliminary talks with some Indian chip manufacturers for the assembly and packaging of iPhone component, local newspaper Economic Times reported on Wednesday, citing people with knowledge of the matter.Reuters could not immediately verify the report.Reuters
2 hours ago
Liquidity pools into Binance as volatility returns
Fresh data from CryptoQuant shows Binance, the world’s largest crypto exchange tightening its grip on spot and derivatives trading, setting new records. The activity surge comes as on-chain and options metrics suggest investors are repositioning for a more active market environment.Cryptopolitan
2 hours ago
Ripple (XRP) Holders To Wait Longer For Profits As Experts Call This Cheap Crypto December’s Hidden Gem
Ripple investors have been dealing with a pattern that is only too familiar, where the price is falling behind the influx of capital as well as the development of infrastructure.Cryptopolitan
2 hours ago
What The Clarity Act Means For Ripple And XRP Once Done
Although the anticipated crypto market structure bill, also known as the CLARITY Act, has not yet been passed into law, its proposed framework is already influencing conversations around how major cryptocurrencies could be classified and regulated in the future. The implications could be particularl...Bitcoinist
2 hours ago
Blackstone leads investment in data-security firm Cyera at a $9 billion valuation
Dec 16 (Reuters) - Blackstone BX.N is leading a $400 million investment in data-security firm Cyera that values the New York-based company at $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report.Reuters
2 hours ago
California regulator puts on hold order to suspend Tesla sales
A California regulator has put on hold an order to suspend Tesla TSLA.O sales in the state, the latest development in a case in which it accused the electric vehicle maker of falsely marketing and overstating self-driving capabilities.Reuters
2 hours ago
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
Russia-Ukraine peace talks raise hopes for easing sanctionsSurge in Chinese buying from Venezuela, glut in floating storage limit market impact of US tanker seizureBy Liz Hampton and Seher Dareen DENVER, Dec 16 (Reuters) - Oil futures settled at their lowest level since February 2021 on Tuesday a...Reuters
7 hours ago
Trump sues the BBC for $10 billion over speech edit
BBC admits error of judgment but denies legal basis for lawsuitTrump seeks $5 billion on each of two counts BBC faces crisis, resignations over documentary editBy Jack Queen and David Thomas Dec 15 (Reuters) - President Donald Trump sued the BBC for at least $10 billion in damages over edited cli...Reuters
10 hours ago
CORRECTED-PRECIOUS-Gold edges higher as dollar eases ahead of year-end US jobs data
US dollar at near two-month lowsFed Governor Stephen Miran says inflation closer to 2% targetUS Nov non-farm payrolls, unemployment rate data due at 1330 GMT By Ishaan Arora Dec 16 (Reuters) - Gold prices edged higher on Tuesday, supported by a softer dollar, as investors awaited the release of k...Reuters
17 hours ago
Japan's Nikkei falls 1% as AI stocks slip ahead of US jobs data
By Kevin Buckland TOKYO, Dec 16 (Reuters) - Japan's Nikkei share average dropped more than 1% on Tuesday, weighed down by declines in chip and other artificial intelligence-linked stocks ahead of crucial U.S. employment data later in the day.The Nikkei .N225 was down 1.3% at 49,510.60, as of ...Reuters
22 hours ago
Japan bonds drift ahead of US jobs data, BOJ policy meeting
By Kevin Buckland TOKYO, Dec 16 (Reuters) - Japanese government bonds (JGBs) barely budged on Tuesday as traders mainly remained on the sidelines ahead of crucial U.S. jobs figures later in the day, and a Bank of Japan policy decision this week.The yield on 10-year JGBs JP10YTN=JBTC was flat at 1Reuters
22 hours ago
Delayed US employment reports expected to show softening labor market
Nonfarm payrolls are forecast increasing 50,000 in NovemberEmployment is expected to have declined in October due to federal government job lossesUnemployment rate is estimated to come in at 4.4% in NovemberThere will be no jobless rate for October because the government shutdown prevented the colleReuters
22 hours ago
