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Oil falls more than 1% on demand fears, strong dollar

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone BaseRegister now for FREE unlimited access to Reuters.comRegisterStrong dollar weighs as Fed rate decision loomsSupply concerns limit declineEasing COVID-19 restrictions in China could lend supportLONDON, Sept 19 (Reuters) – Oil fell by …

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Indian billionaire Adani seeks to control NDTV; media group says move without consent

India’s richest man, Adani, seeks to expand media businessNDTV says Adani unit moved without its consentAdani takeover may not be friendly -legal expertDeal to buy NDTV could heat up competition among billionairesBENGALURU, Aug 23 (Reuters) – Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control a majority stake in the popular New …

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SoftBank’s Alibaba sale could end breakup taboo

Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-HoonRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Aug 10 (Reuters Breakingviews) – Masayoshi Son is thinking the unthinkable at SoftBank Group (9984.T). His $63 billion technology and telecom empire will slash its stake in Alibaba …

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Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File PhotoRegister now for FREE unlimited access to Reuters.comRegisterAug 6 (Reuters) – The slide in U.S. stock prices punished Berkshire Hathaway …

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JetBlue, Spirit near takeover deal that could come on Thursday-source

July 28 (Reuters) – JetBlue Airways Corp (JBLU.O) is nearing a deal to buy Spirit Airlines (SAVE.N) that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings (ULCC.O).The latest developments mark a victory for JetBlue in its months-long battle …

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Rogers to invest C$10 billion in AI, testing after massive outage

The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. REUTERS/Chris HelgrenRegister now for FREE unlimited access to Reuters.comRegisterJuly 24 (Reuters) – Rogers Communications Inc (RCIb.TO)said on Sunday it will invest C$10 billion ($7.74 billion) over the next three years in Artificial …

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Russia seizes control of Sakhalin gas project, raises stakes with West

Putin signed decree to secure all rights on ThursdayFive-page decree follows tightening Western sanctionsMove raises risks for Western firms still in RussiaShell was already in talks to sell up Sakhalin stakeTOKYO/LONDON, July 1 (Reuters) – President Vladimir Putin has raised the stakes in an economic war with the West and its allies with a decree …

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Large U.S. law firms mostly quiet on abortion ruling, are walking a ‘tightrope’

June 26 (Reuters) – The largest U.S. law firms did not take a public stance following the U.S. Supreme Court’s reversal of Roe v. Wade on Friday, diverging from the approach of some major companies that have made statements on the closely watched abortion case.The high court’s 6-3 Dobbs decision upheld a Republican-backed Mississippi law …

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