Today: October 18, 2024
Today: October 18, 2024

Amazon seeks dismissal of lawsuit over Kuiper satellite launch contracts

FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves
April 26, 2024
Reuters

(Reuters) - Amazon.com asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a Monday filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant's biggest capital expenditures.

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Truck maker Volvo's Q3 adjusted profit falls more than expected

Swedish truck maker AB Volvo reported on Friday a bigger drop than expected in its third-quarter adjusted operating profit and said it sees roughly unchanged demand next year as

Truck maker Volvo's Q3 adjusted profit falls more than expected
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China approves BNP Paribas, Prudential insurance ventures

China has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday, as it looks to further open up the world's second-

China approves BNP Paribas, Prudential insurance ventures
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China cenbank chief flags more interest rate cuts

China's central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on

China cenbank chief flags more interest rate cuts
Asia|Business|Finance|Technology

TSMC stock hits new high after forecast-beating earnings

The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for

TSMC stock hits new high after forecast-beating earnings
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Apple's new iPhone sales in China jump 20% in first 3 weeks, Counterpoint says

Apple's new iPhone sales in China jump 20% in first 3 weeks,  Counterpoint says
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Bank of Japan chief warns of unstable markets, global uncertainties

Bank of Japan chief warns of unstable markets, global uncertainties
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Investor tax hikes may hurt UK plc more than the super-rich

Investor tax hikes may hurt UK plc more than the super-rich
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The UK's budget - it's all about the 'working people'

The UK's budget - it's all about the 'working people'