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Venezuela loads oil only for Chevron as PDVSA exports stall
Venezuela is exporting crude only to Chevron as PDVSA cargoes for China remain halted amid a U.S. tanker blockade.
Hyundai Motor Group plans to deploy humanoid robots at US factory from 2028
LAS VEGAS, Jan 5 (Reuters) – Hyundai Motor Group plans to deploy humanoid robots at its U.S. manufacturing plant in Georgia starting in 2028, marking a step toward automating higher-risk and repetitive manufacturing tasks, the South Korean company said. Hyundai unveiled the production version of the Atlas humanoid robot, developed by its unit Boston Dynamics, […]
Nvidia says next-gen Rubin AI chips in full production
Nvidia CEO Jensen Huang says the new Rubin chip platform delivers up to five times more AI computing power.
Dow hits record, energy stocks end higher after US strikes Venezuela
Jan 5 (Reuters) – Wall Street ended higher on Monday, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a U.S. military strike captured Venezuelan President Nicolas Maduro. Investors bet Washington’s move against Venezuela’s leadership would allow U.S. firms access to the world’s largest [&hellip[...]
US auto sales defy regulatory uncertainty to rise 2% in 2025, analysts forecast
DETROIT, Jan 5 (Reuters) – Sales of new cars in the United States rose about 2% in 2025, analysts estimate, defying extraordinary disruptions all year in an industry where “black swan” events have become routine. Several automakers on Monday reported strong December sales to close out the year. Toyota Motor notched an 8% increase in […]
US refiner Phillips 66 to acquire Britain’s Lindsey oil refinery assets
U.S. refiner Phillips 66 will acquire assets of Britain’s Lindsey oil refinery after liquidation and integrate them into its Humber site.
US oil companies gain after Trump signals access to Venezuela’s reserves
U.S. oil and refining stocks surged after Trump said American firms could access Venezuela’s vast oil reserves amid political upheaval.
S&P 500, Nasdaq dip to start 2026 after last year’s robust gains
Jan 2 (Reuters) – The S&P 500 and the Nasdaq pared early gains and then dipped on Friday in the first session of the new year, with declines in communications and consumer discretionary stocks dragging the indexes which notched double-digit gains in 2025. Industrials were up 1% and utilities gained 1.3%, the top boosts to […]
Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand
Jan 2 (Reuters) – Tesla ceded its crown as the world’s top electric vehicle maker to China’s BYD, after annual sales fell for a second year, hit by rising competition, the expiry of U.S. tax credits and brand backlash. With global EV sales rising 28% last year, BYD outsold Tesla for the first time on […]
Berkshire Hathaway enters post-Buffett era as shares drift lower
Jan 2 (Reuters) – Berkshire Hathaway‘s post-Buffett era began quietly Friday, as shares slipped slightly after the “Oracle of Omaha” handed Greg Abel the top job following six decades at the helm. The world’s most famous conglomerate now must protect its record without its chief architect, who remade modern investing and transformed the company […]
