News Highlights: Top Company News of the Day - Tuesday at 1 AM ET
16 January 2024 - 6:30AM
Dow Jones News
Chinese Property Stocks Fall on Subdued Sentiment Following Weak Sales
Chinese property stocks fell in Hong Kong on subdued investor
sentiment, with companies reporting weaker contracted sales for
December and the full year of 2023 as the property sector downturn
continues.
Global Battery Race Heats Up With Billions for Europe's Northvolt
The startup plans to use the funding to expand battery
production at a factory in northern Sweden for customers such as
Volkswagen and BMW.
Closing of Kroger, Albertsons, C&S Deal Postponed
The proposed merger of U.S. grocery giants Kroger and
Albertsons, and sale of assets to C&S Wholesale Grocers, will
be later than previously anticipated as the companies continues
discussion with regulators.
Rio Tinto Annual Iron Ore, Aluminum Output Rises
Rio Tinto said it produced more iron ore, aluminum and copper
last year than the year before, reaching annual targets as it
ramped up new mining operations in Australia and Mongolia.
OpenAI Bans Use of AI Tools for Campaigning, Voter Suppression
The maker of ChatGPT and Dall-E aims to prevent abuse and
increase transparency.
Apple to Remove Blood-Oxygen Sensor From Watch to Avoid U.S. Ban
Tech giant's withdrawal of technology may end cloud hanging over
$18 billion smartwatch business.
Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024
Star Charge, a Chinese maker of electric-vehicle charging
stations, aims to go public in Hong Kong as early as the second
half of 2024, according to people familiar with the matter.
John Deere, Meet Elon Musk: SpaceX Satellites to Link Farm Giant's Equipment
Farm machinery maker hired SpaceX's Starlink service to provide
satellite internet connections for tractors, harvesters and crop
sprayers in remote areas.
Chip Wars Boost Europe's Top Tech Company-for Now
ASML's monopoly in the world's most sophisticated chip-making
equipment has turned it into both an investor darling and a
geopolitical battleground.
Baidu denies Chinese military link after report sent stock tumbling
Baidu on Monday said it had no links to a Chinese military lab,
after a report sent stock in the internet services company
tumbling.
(END) Dow Jones Newswires
January 16, 2024 01:15 ET (06:15 GMT)
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