Tag: travel

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OpenAI Considers Special Voting Rights to Thwart Musk Takeover

OpenAI considers granting special voting rights to its non-profit board to preserve directors' power amid Elon Musk's takeover bid.

Asian Stocks Advance as China Signals Support for Private Sector

Asian stocks surge, with Hong Kong leading gains after China's President Xi Jinping's meeting with business leaders raised expectations of increased support for the private sector.

Mongolia Plans Coal Exports to China Increase Despite Market Challenges

Plan to boost coal exports to China by 20% amid expanded energy cooperation. Mongolia aims to increase capacity to 165 million tons through rail connections and export to other Asian nations.

Honda Willing to Resume Nissan Talks if CEO Steps Down

Honda is open to restarting takeover negotiations with Nissan, but only if CEO Makoto Uchida steps down, according to sources.

BHP Profit Slumps 23% on Weak Demand in China

BHP Group Ltd. sees first-half profit drop 23% as China's demand for iron ore weakens, leading to a cut in interim dividend. Copper revenue rises to 44%, prompting focus on capital management and growth in commodities key to energy transition.

ACCC to consider five-year alliance between Virgin Australia and Qatar Airways

Virgin Australia and Qatar Airways proposing five-year alliance for flights between Doha and four major Australian cities. ACCC seeking feedback on draft determination.

Asia Stocks Set to Track Europe Gains; BHP Profit Slumps 23%

Asian stocks set to rise following gains in Europe, driven by defense spending optimism and rising bond yields.

5 Charts That Show How the World's Key Commodities Are Reacting to Tensions

Five charts that illustrate the impact of trade wars and supply chain disruptions on global commodity markets, including copper, oil, corn, jet fuel, and the Bloomberg Commodity Spot Index.

Brookdale's Earnings Tomorrow: Revenue Growth Expected, EPS Loss Predicted

Brookdale Senior Living (BKD) to report earnings; revenue growth expected to slow to 3.6%. Analysts maintain revenue estimates, suggesting a steady outlook.

S&P 500 Sets Record High as Inflation Data Raises Hopes for Fed Rate Cuts

The S&P 500 hit a record high last week as inflation readings signaled the Federal Reserve's likelihood to cut rates. Alibaba, Walmart, and 46 other S&P 500 companies release quarterly earnings in the upcoming holiday-shortened week. Minutes from the Fed's January meeting and economic data updates will also be in focus.