Today: May 08, 2024
Today: May 08, 2024

Economy

Theater chain AMC beats revenue estimates, expects weaker second quarter

By Akash Sriram (Reuters) -AMC Entertainment on Wednesday beat estimates for first-quarter revenue, but the world's largest theater chain said the current quarter could be weaker than a year ago as

Theater chain AMC beats revenue estimates, expects weaker second quarter

Ippei Mizuhara, ex-interpreter for baseball star Shohei Ohtani, will plead guilty in betting case

The former interpreter for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to bank and tax fraud in a sports betting case

Ippei Mizuhara, ex-interpreter for baseball star Shohei Ohtani, will plead guilty in betting case

US Federal Election Commission gives Trump 45 more days to file personal financial disclosures

WASHINGTON (Reuters) -The U.S. Federal Election Commission on Wednesday granted Republican presidential candidate Donald Trump a 45-day extension to file personal financial disclosures.

US Federal Election Commission gives Trump 45 more days to file personal financial disclosures

EU envoys agree to use profits from frozen Russian assets for Ukraine

Ambassadors from European Union countries agreed on Wednesday to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the

EU envoys agree to use profits from frozen Russian assets for Ukraine

Aid for Gaza loading in Cyprus as U.S. offshore jetty completed

NICOSIA (Reuters) -Aid for Gaza was being loaded onto a ship in Cyprus on Wednesday in what was expected to be the first cargo to be delivered using a U.S. pier built to expedite supplies to the

Aid for Gaza loading in Cyprus as U.S. offshore jetty completed

News Corp misses quarterly revenue estimates

Media conglomerate News Corp on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book

News Corp misses quarterly revenue estimates

Bank of England likely to move closer to first rate cut since 2020

The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be

Bank of England likely to move closer to first rate cut since 2020

UK property surveyors see pick-up in house sales later in 2024

British property surveyors expect an increase in property sales later this year, despite an ongoing drag from high borrowing costs, as the number of homes being

UK property surveyors see pick-up in house sales later in 2024

Beyond Meat reports wider-than-expected Q1 loss, sales decline

(Reuters) -Beyond Meat posted a wider-than-expected quarterly loss and an 18% drop in revenue on Wednesday as its higher priced plant-based meat products hit volumes.

Beyond Meat reports wider-than-expected Q1 loss, sales decline

Shoigu says Russia and allies should step up military exercises in Asia

Russia and its allies in Asia should expand joint military exercises as they face a direct threat from attempts by the United States to expand its security influence in the region,

Shoigu says Russia and allies should step up military exercises in Asia

Swiss parliamentary committee backs $5.5 billion aid plan for Ukraine

A Swiss parliamentary committee late on Thursday voted to back a 5 billion Swiss franc ($5.5 billion) aid contribution for Ukraine as part of a broader package aimed at improving

Swiss parliamentary committee backs $5.5 billion aid plan for Ukraine

Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

By Mike Spector and Chris Prentice (Reuters) -U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-

Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

China approves first gene-edited wheat in step to open up GM tech to food crops

China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.

China approves first gene-edited wheat in step to open up GM tech to food crops

Mercedes rejects claims it prevented union organising at US plant

BERLIN (Reuters) -German premium carmaker Mercedes-Benz rejected on Wednesday claims it has been trying to prevent the formation of a union at its Alabama plant, ahead of a critical vote there next

Mercedes rejects claims it prevented union organising at US plant

Insurance firms deny Chevron's $57 million claim for Iran oil seizure

HOUSTON (Reuters) -Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California.

Insurance firms deny Chevron's $57 million claim for Iran oil seizure

Gaza war cools Israel's once red-hot business ties with UAE

The war in Gaza has cooled Israeli business activity with the United Arab Emirates, with the once-celebrated relationship now conducted

Gaza war cools Israel's once red-hot business ties with UAE

Ukrainians in embattled east mark third Easter under fire

Ukrainians in the embattled east flocked to church on Sunday to mark their third wartime Easter as Russian troops inched closer to threatening some

Ukrainians in embattled east mark third Easter under fire

UK's Labour Party says PM Sunak is out of touch on economy

By William Schomberg LONDON (Reuters) -Britain's opposition Labour Party accused Prime Minister Rishi Sunak on Tuesday of being out of touch by signalling that voters will soon feel the benefit of the

UK's Labour Party says PM Sunak is out of touch on economy

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

Airbnb shares slide on lower revenue forecast despite a doubling of net income

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop for its stock in after-market trading Wednesday

Airbnb shares slide on lower revenue forecast despite a doubling of net income

Beyond Meat revenue falls in Q1 on weak demand for plant-based meat in US and abroad

Beyond Meat is reporting higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad

Beyond Meat revenue falls in Q1 on weak demand for plant-based meat in US and abroad

Robinhood's crypto business drives massive earnings beat

By Sri Hari N S and Niket Nishant (Reuters) -Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading volumes and rate hikes that

Robinhood's crypto business drives massive earnings beat

IMF and DR Congo reach agreement on final review of loan deal

The International Monetary Fund said on Wednesday it had reached a staff-level agreement with Democratic Republic of Congo on the final review of a $1.5 billion loan

IMF and DR Congo reach agreement on final review of loan deal

Bumble revenue beats estimates on paying users strength, shares jump

By Jaspreet Singh (Reuters) -Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company's shares up more than 9% in aftermarket

Bumble revenue beats estimates on paying users strength, shares jump

Argentina industrial output crashes near pandemic lows as Milei austerity bites

BUENOS AIRES (Reuters) -Argentina's industrial output plunged 21.2% in March from a year ago, the INDEC statistics agency said on Wednesday, the worst slide since the depths of the COVID-19 pandemic

Argentina industrial output crashes near pandemic lows as Milei austerity bites
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