Headlines

Intel shares set for record loss as turnaround struggle deepens

Intel shares set for record loss as turnaround struggle deepens

(Reuters) -Intel was set to erase about $35 billion in stock market value on Friday ..

Amazon says consumers cautious, forecasts revenue below Wall Street targets

Amazon says consumers cautious, forecasts revenue below Wall Street targets

By Greg Bensinger and Deborah Mary Sophia (Reuters) – Amazon.com reported slow..

Fears for US economy send investors to safe havens, fuel stock slump

Fears for US economy send investors to safe havens, fuel stock slump

By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Weak U.S. data reaffi..

Olympics-Triathlon-France and Britain victorious in thrilling Paris races

Olympics-Triathlon-France and Britain victorious in thrilling Paris races

By Helen Reid PARIS (Reuters) -France and Britain hogged the Olympic triathlon spotl..

Pfizer lifts profit forecast as investors await turnaround

Pfizer lifts profit forecast as investors await turnaround

By Michael Erman and Bhanvi Satija (Reuters) – Pfizer raised its annual profit..

Euro zone economy grows but outlook far from rosy

Euro zone economy grows but outlook far from rosy

By Francesco Canepa (Reuters) -The euro zone’s economy grew slightly more than..

World stocks gain, US yields fall at start of jam-packed week

World stocks gain, US yields fall at start of jam-packed week

By Chris Prentice and Wayne Cole NEW YORK/SYDNEY (Reuters) -Global stocks advanced a..

Surging yen upends popular global FX carry trades

Surging yen upends popular global FX carry trades

By Alun John, Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – A..

Factbox-Britain shakes up listings rules to attract investment

Factbox-Britain shakes up listings rules to attract investment

LONDON (Reuters) – Britain’s biggest reform of company listing rules in ..

EU short-term rental bookings surged 28% in first quarter – Eurostat

EU short-term rental bookings surged 28% in first quarter – Eurostat

By Leo Marchandon and Pauline Foret (Reuters) – Europe’s boom in short-t..

UK public sector workers get above-inflation pay rises, worth 9 billion pounds

UK public sector workers get above-inflation pay rises, worth 9 billion pounds

LONDON (Reuters) -British public sector workers such as teachers and doctors are set..

Global investors scramble to dodge US election curveballs

Global investors scramble to dodge US election curveballs

By Naomi Rovnick LONDON (Reuters) – Investors are scrambling to shore up globa..

Explainer-How Germany’s hydrogen economy could transform energy use

Explainer-How Germany’s hydrogen economy could transform energy use

By Vera Eckert FRANKFURT (Reuters) – German utility EnBW this week pledged 1 b..

German, French companies less hopeful over economic recovery

German, French companies less hopeful over economic recovery

By Francesco Canepa and Maria Martinez FRANKFURT/BERLIN (Reuters) – Companies ..

Nvidia supplier SK Hynix posts 6-year high profit on AI boom

Nvidia supplier SK Hynix posts 6-year high profit on AI boom

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix posted ..

Major Chinese banks cut deposit rates after reduction in lending rates

Major Chinese banks cut deposit rates after reduction in lending rates

BEIJING/SHANGHAI (Reuters) -Five of China’s major state-owned banks said on Th..

Ford profit disappoints, stock falls 11% as quality issues dog automaker

Ford profit disappoints, stock falls 11% as quality issues dog automaker

By Nora Eckert, Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter ..

UK car output logs fourth consecutive monthly fall in June, data shows

UK car output logs fourth consecutive monthly fall in June, data shows

(Reuters) – UK’s car output fell for the fourth consecutive month in Jun..

Reckitt to offload homecare brands, consider nutrition options

Reckitt to offload homecare brands, consider nutrition options

By Agata Rybska (Reuters) – Reckitt Benckiser will consider options for its tr..

As losses mount, CrowdStrike says bug in quality-control process led to botched update

As losses mount, CrowdStrike says bug in quality-control process led to botched update

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-con..

German cabinet agrees to expand tax relief to boost economy

German cabinet agrees to expand tax relief to boost economy

By Christian Kraemer BERLIN (Reuters) -Germany’s cabinet agreed on Wednesday t..

Meta unveils biggest Llama 3 AI model, touting language and math gains

Meta unveils biggest Llama 3 AI model, touting language and math gains

  By Katie Paul NEW YORK (Reuters) -Meta Platforms released the biggest version..

Oil prices rise as US crude, fuel inventories seen shrinking

Oil prices rise as US crude, fuel inventories seen shrinking

By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapp..

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla profit margins worst in five years as price cuts, incentives weigh

By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported its lowest profit ..

Britain’s gas network ready for hydrogen fuel, report says

Britain’s gas network ready for hydrogen fuel, report says

LONDON (Reuters) – Britain’s national gas network is ready to accommodat..

UK pay settlements hold at 4.9% in three months to June

UK pay settlements hold at 4.9% in three months to June

By David Milliken LONDON (Reuters) – British employers offered average annual ..

Visa reports rare quarterly revenue miss, shares drop

Visa reports rare quarterly revenue miss, shares drop

By Arasu Kannagi Basil (Reuters) -Visa’s third-quarter revenue growth fell sho..

Porsche cuts forecasts due to alloy shortage, shares fall

Porsche cuts forecasts due to alloy shortage, shares fall

By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tues..

GM beats quarterly expectations and raises forecast, but shares dive

GM beats quarterly expectations and raises forecast, but shares dive

By Nora Eckert DETROIT (Reuters) -General Motors reported second-quarter profit and ..

Digesting Biden exit, markets focus on earnings, data

Digesting Biden exit, markets focus on earnings, data

By Yoruk Bahceli and Tom Westbrook (Reuters) -World markets steadied on Tuesday as i..

Computer parts maker Logitech lifts full-year outlook on upbeat Q1 results

Computer parts maker Logitech lifts full-year outlook on upbeat Q1 results

ZURICH (Reuters) -Computer mouse maker Logitech International raised its full-year s..

Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift

Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift

By Rae Wee SINGAPORE (Reuters) – The Australian and New Zealand dollars langui..

TotalEnergies Texas refinery returns to normal operation, sources say

TotalEnergies Texas refinery returns to normal operation, sources say

HOUSTON (Reuters) – TotalEnergies’ 238,000 barrel-per-day (bpd) Port Art..

Google scraps plan to remove cookies from Chrome

Google scraps plan to remove cookies from Chrome

(Reuters) – Google is planning to keep third-party cookies in its Chrome brows..

UK Conservative Party to announce new leader on Nov. 2

UK Conservative Party to announce new leader on Nov. 2

LONDON (Reuters) -Britain’s Conservative Party said on Monday it will name its..

German software maker SAP’s quarterly cloud revenue leaps 25%

German software maker SAP’s quarterly cloud revenue leaps 25%

(Reuters) -Europe’s largest software maker SAP reported a 25% jump in its clou..

Galp’s quarterly profit up 16% and Namibia oil in focus

Galp’s quarterly profit up 16% and Namibia oil in focus

By Sergio Goncalves LISBON (Reuters) -Portugal’s Galp Energia reported on Mond..