Exclusive-China state-owned banks soak up dollars to slow yuan gains, sources say
Dec 4 (Reuters) – China’s major state-owned banks bought dollars in the onshore spot market this week and held on…
Author: The Trading Report
US judge blocks 250 State Department layoffs for now
By Daniel Wiessner Dec 4 (Reuters) – A judge on Thursday blocked the U.S. State Department from immediately laying off…
New York Times sues Perplexity AI for ‘illegal’ copying of content
Nvidia’s Most Valuable List for 2026 In Today’s News The “Skim Codes” That Helped Make $274 Million [sponsor] [adv] New York…
Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion
By Harshita Mary Varghese and Aditya Soni Dec 5 (Reuters) – Netflix on Friday agreed to buy Warner Bros Discovery’s…
Succession at LVMH? We don’t talk about it, says Arnault’s wife
PARIS, Dec 4 – Succession plans at luxury giant LVMH are seldom discussed within the controlling Arnault family, according to…
US official denounces EU’s fine of Musk’s X, says Europe is taxing Americans
(Refiles to add story identifier for some readers, no change to content of story) WASHINGTON, Dec 5 (Reuters) – The…
New York Times sues Perplexity AI for ‘illegal’ copying of content
Dec 5 (Reuters) – The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the artificial…
Exclusive-European Rearmament Bank seeks merger with JPMorgan-backed rival multilateral lender
By Maria Martinez and Iain Withers BERLIN/LONDON, Dec 3 – European Rearmament Bank (ERB), an initiative to create a state-backed…
Trading Day: Tech, Fed hopes do the heavy lifting
By Jamie McGeever ORLANDO, Florida, Dec 2 (Reuters) – World stocks rose on Tuesday, regaining their poise after wobbling the…
Hermes heir takes aim at LVMH’s Arnault in missing shares civil lawsuit, court document shows
By Tassilo Hummel and Juliette Jabkhiro PARIS, Dec 2 (Reuters) – Hermes heir Nicolas Puech has sued Bernard Arnault and…