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Indonesia approves merger of units of Qatar’s Ooredoo, CK Hutchison

JAKARTA, Jan 4 (Reuters) - Indonesia on Tuesday approved a $6 billion merger of telco units of Qatar's Ooredoo and…

5 years ago

Ford doubles Lightning production as electric truck battle with GM heats up

Ford Motor Co (F.N) said on Tuesday that it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup…

5 years ago

Investors want $2.5 bln in class action over Bayer’s Monsanto deal

FRANKFURT, Jan 3 (Reuters) - Investors are demanding around 2.2 billion euros ($2.5 billion) from Bayer (BAYGn.DE) as part of a possible…

5 years ago

Toyota to launch its own automotive software platform by 2025 – Nikkei

Japanese automaker Toyota Motor Corp (7203.T) is planning to launch its own operating system, which would be capable of handling advanced operations…

5 years ago

S&P 500, Dow hit record highs on 1st trading day of 2022

The S&P 500 (.SPX) and Dow Jones Industrial Average (.DJI) posted closing record highs on the first trading day of the year on Monday,…

5 years ago

Apple’s $3 trillion market value follows 5,800% gain since iPhone debut

Apple (AAPL.O) on Monday became the first publicly traded company with a stock market value of over $3 trillion, marking the latest…

5 years ago

Exxon Q4 earnings poised to exceed pre-pandemic level -analysts

Exxon Mobil Corp's (XOM.N) fourth quarter profit should top Wall Street's consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from…

5 years ago

Oil prices steady ahead of OPEC+ meeting

Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output…

5 years ago

Dollar hits five-year high vs yen as Fed rate bets lift U.S. yields

The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a…

5 years ago

Global economy: Asian factories take Omicron risks in stride, for now

Asia's factory activity grew in December as companies took rising global cases of the new Omicron coronavirus variant in stride,…

5 years ago