Business
Maersk to invest more than $500 mln to boost South-East Asia supply chain
Maersk to invest $500m in South-East Asia's supply chain infrastructure expansion by 2026.
Italy’s iconic Vespa has a brand value of over 1 billion
Vespa's brand value increased by 19% to 1.079 billion euros in 2021.
Saudi wealth fund to buy stake in luxury hotel chain Rocco Forte
Dec 4 (Reuters) - Saudi Arabia's sovereign wealth fund will buy a "significant" minority stake in luxury hotel group Rocco Forte Hotels…
Dollar claws back some ground; bitcoin breaks $41,000
The dollar regained value amid expectations of a Federal Reserve interest rate cut; Bitcoin surpassed $41,000.
Britain sets out marketing rules for EU investment funds in the UK
UK proposes post-Brexit rules for EU investment funds' marketing.
Spotify to reduce staff by 17% in second layoff this year
Spotify plans to cut 17% of its staff despite recent profit growth.
Travelers ready to set sail on cruises at record levels next year
Cruise bookings for 2024 are surpassing pre-pandemic levels, despite rising prices and capacity constraints.
Gold prices sprint to all-time peak on Fed rate-cut bets
Gold prices hit a record high due to anticipated US interest rate cuts.
Oil down on persistent uncertainty over OPEC+ supply cuts
#Oil futures falter under #OPEC+ decision pressures and global fuel demand uncertainty, despite Middle East conflicts.
UPDATED: Bitcoin breaks $40,000 as momentum builds
SINGAPORE, Dec 4 (Reuters) - Bitcoin has broken above $40,000 for the first time this year as it rides a wave of…
Microsoft president says no chance of super-intelligent AI soon
Microsoft's President Brad Smith dismisses fear of super-intelligent AI creation within a year.
After Musk tirade, X faces prospect of more advertisers fleeing
#ElonMusk's controversial comments spark advertiser exit, risking social media firm #X's future.