By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -The Reliance-Disney India merger has attracted Nita Ambani, wife of Reliance boss Mukesh Ambani, back into mainstream business as the new company's chair, where her experience in arts and sports, and…
By Aditya Kalra, Dawn Chmielewski and Munsif Vengattil NEW DELHI/LOS ANGELES (Reuters) -India's top conglomerate Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far…
By Leika Kihara SAO PAULO (Reuters) -Japan stands ready to take appropriate action against excessive exchange-rate moves, its top currency diplomat said following yen declines to levels seen by traders as heightening the chance of currency intervention. The warning by…
By Amanda Cooper LONDON (Reuters) -Bitcoin hit $60,000 on Wednesday for the first time in more than two years, as a surge of capital into new U.S. spot bitcoin exchange-traded products fuelled a rally that has reached 42% this month,…
By Harshita Mary Varghese (Reuters) -Theater chain AMC Entertainment on Wednesday posted a bigger-than-expected quarterly loss on higher distribution costs for Taylor Swift and Beyonce concert movies and lack of big releases from Hollywood studios after twin strikes. Shares of…
By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks closed slightly lower on Wednesday, a day ahead of a key inflation reading that could heavily influence expectations for the timing of an interest rate cut from the Federal Reserve. The…
By Purvi Agarwal and Fergal Smith (Reuters) -Canada's main stock index ended lower on Wednesday for a third straight day as investors weighed earnings from some of Canada's biggest banks and braced for economic data this week that could guide…
By Georgina McCartney HOUSTON (Reuters) -U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting interest rates in the near future, while growing U.S. crude stockpiles added further pressure.…
By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data due on Thursday, with month-end portfolio rebalancing also likely to sway market direction. Bitcoin hit…
By Caroline Valetkevitch NEW YORK (Reuters) -The dollar eased against the Japanese yen on Tuesday after data showed Japan's core consumer inflation exceeded forecasts while U.S. durable goods orders fell more than expected in January. Overnight data out of Japan…
