Today: May 09, 2024
Today: May 09, 2024

Economy

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 in its stock in after-market trading

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

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger just hitting U.S. shelves will help reignite weak sales

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

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

Airbnb forecasts weaker Q2 revenue despite robust demand for international travel

By Doyinsola Oladipo and Aishwarya Jain (Reuters) -Airbnb reported a higher quarterly profit on Wednesday but forecast second-quarter revenue below Wall Street expectations, sending shares of the

Airbnb forecasts weaker Q2 revenue despite robust demand for international travel

Grayscale's application for ethereum futures ETF withdrawn

Crypto asset manager Grayscale Investments' proposal for an exchange-traded fund tied to ether futures was withdrawn last week, according to a Tuesday notice from the U.S.

Grayscale's application for ethereum futures ETF withdrawn

MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes

German engine manufacturer MTU Aero Engines reported higher first-quarter earnings on Tuesday, boosted by orders from the joint European Eurofighter jet project while its turbofan

MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes

This Tesla owner's annual charging bill will have you rethinking EV

In a groundbreaking revelation, a Tesla owner has gone viral online by revealing their shockingly low yearly electric cost of just $2.37 to charge their vehicle. This tiny figure has reignited debates about the real costs of running an electric car compared to gas-powered vehicles. The Tesla driver, known only as @Tesla_GTownTX, shared a screengrab of their utility statement showing the $2.37 balance owed after 12 months of charging their Tesla. As the story spread getting thousands of responses, many were surprised at how little electricity was required, thinking it would negate any fuel savings. However, the likely reason for

This Tesla owner's annual charging bill will have you rethinking EV

Georgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data-center break

Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year, but their efforts came to nothing

Georgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data-center break

Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed

President Joe Biden has laced into Donald Trump over a failed project that was supposed to bring thousands of new jobs into southeastern Wisconsin

Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed

Microsoft's AI lead puts Amazon cloud dominance on watch

Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch

Microsoft's AI lead puts Amazon cloud dominance on watch

Disney receives another key approval to expand Southern California theme parks

Disney has received another key approval to expand its Southern California theme parks in its first push to make major changes to its iconic Disneyland in decades

Disney receives another key approval to expand Southern California theme parks

AerCap sees tight jetliner market, places big engine order

By Tim Hepher and Nathan Gomes (Reuters) -The head of aircraft leasing giant AerCap predicted that tightness in global jet markets would last through the rest of the decade, fuelled by supply chain

AerCap sees tight jetliner market, places big engine order
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