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Asia markets mixed, sentiment tepid as Fed looms

By Gregor Stuart Hunter SINGAPORE, Dec 4 (Reuters) - The dollar hit a five-week low while Asian stocks made a lacklustre start to the trading session on Thursday, after weaker-than-expected economic data cemented expectations the Federal Reserve will cut interest rates at its meeting next ...
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Second ANZ proxy advisor recommends vote against pay report

By Scott Murdoch and Christine Chen SYDNEY, Dec 4 (Reuters) - Australian lender ANZ Group's influential proxy advisor Institutional Shareholder Services on Thursday recommended investors vote against the bank's executive pay report - making it the second advisor group to do so this week. CGI Glass ...
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Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks

By Colleen Howe BEIJING, Dec 4 (Reuters) - Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals ...
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Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

By Ankur Banerjee SINGAPORE, Dec 4 (Reuters) - The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief to the yen and pushing the euro to its highest level ...
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Virtu, a large market maker, to pay $2.5 million SEC fine over client trading data

NEW YORK, Dec 3 (Reuters) - Virtu Financial will pay a $2.5 million fine to settle U.S. Securities and Exchange Commission accusations the large market maker improperly allowed almost all employees at its broker-dealer unit access to confidential information about customers and their trades. The ...
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Chevron to spend up to $19 billion next year in focus on US, Guyana oil production

By Sheila Dang HOUSTON, Dec 3 (Reuters) - Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and investments connected to a recently-acquired oil stake in Guyana. The ...
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Paramount raises breakup fee in Warner Bros bid to $5 billion, Bloomberg News reports

Dec 3 (Reuters) - Paramount Skydance has raised the proposed breakup fee in its bid to acquire Warner Bros Discovery to $5 billion from $2.1 billion, Bloomberg News reported on Wednesday, citing people familiar with the offer. The sum would be paid to Warner Bros ...
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Wikipedia seeks more AI licensing deals similar to Google tie-up, co-founder Wales says

Dec 3 (Reuters) - Wikipedia is working with Big Tech on deals similar to its arrangement with Google, the online encyclopedia's co-founder, Jimmy Wales, said on Wednesday, in a bid to help the firm monetize AI companies' heavy reliance on its content. Speaking in ...
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Tesla UK sales fall 19% in November, New Automotive data shows

Dec 4 (Reuters) - Tesla's UK car sales fell 19% year-on-year in November, preliminary data from research group New AutoMotive showed on Thursday, as the U.S. electric vehicle maker continues to lose ground in Europe to its Chinese rivals. After halving in October, the automaker's ...
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Tesla’s UK car sales fall in November, New Automotive data shows

By Alessandro Parodi Dec 4 (Reuters) - Tesla's UK car registrations fell by 19% in November, preliminary data from research group New AutoMotive showed on Thursday, following steep drops reported in other European markets for the month. November registrations, a proxy for sales, of Tesla cars ...
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OpenAI agrees to acquire AI startup Neptune to boost model training capabilities

Dec 3 (Reuters) - OpenAI has agreed to acquire Neptune, a startup that provides tools that help companies track their AI model training, the ChatGPT maker said on Wednesday. While OpenAI did not disclose the financial terms of the deal, The Information reported that ...
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Salesforce CEO vies to overcome investors’ AI skepticism while touting company’s quarterly numbers

SAN FRANCISCO (AP) - After riding the artificial intelligence craze to new heights, business software maker Salesforce has been pummeled by a wave of investor skepticism that's intensified the pressure on its persuasive CEO Marc Benioff to reverse the tide. Benioff, who helped spearhead the ...
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