Today: September 24, 2024
Today: September 24, 2024

Latest From Reuters

Europe|Finance

ECB's Rehn: Rate cuts can continue if downward inflation trend strengthens

The European Central Bank can continue cutting interest rates if confidence in the slowing inflation trend strengthens in the near future, Finnish ECB policymaker Olli Rehn said

ECB's Rehn: Rate cuts can continue if downward inflation trend strengthens
Business|Health

Zimmer Biomet beats profit estimates on strong demand for medical devices

Zimmer Biomet Holdings beat Wall Street estimates for second-quarter profit on Wednesday, driven by robust demand for its devices used in joint reconstruction procedures.

Zimmer Biomet beats profit estimates on strong demand for medical devices
Europe|News|Political

Putin says Ukrainian attack on Kursk is a major provocation

Russian President Vladimir Putin said on Wednesday that a Ukrainian incursion into Russia's Kursk region was a major provocation.

Putin says Ukrainian attack on Kursk is a major provocation
Business|Economy|News

UK house prices rise by most since January, Halifax data shows

British house prices rose by the most six months in July, according to figures published on Wednesday by mortgage lender Halifax that suggested fresh momentum in the property market

UK house prices rise by most since January, Halifax data shows
Business|Finance|Technology

Shopify soars as AI focus powers quarterly beat, bullish forecast

Shopify beat analysts' estimates for second-quarter results and forecast upbeat sales growth on Wednesday as its AI-enabled tools attracted more merchants to its e-commerce services,

Shopify soars as AI focus powers quarterly beat, bullish forecast
Crime|Europe|News|World

Man jailed for three years for violent disorder, punching police officer in UK anti-Muslim riots

A British man was on Wednesday jailed for three years for violent disorder during anti-Muslim riots last week, as the first sentences from a wave of violence after the

Man jailed for three years for violent disorder, punching police officer in UK anti-Muslim riots
Business|Economy|Technology

US auto regulator opens probe into more than 77,000 Nissan SUVs

U.S. auto safety regulator has opened a preliminary evaluation into 77,131 Nissan vehicles over reports of an issue with the steering tie rod, it said on Wednesday.

US auto regulator opens probe into more than 77,000 Nissan SUVs
Business|News|Technology

NYT subscribers surge as The Athletic shines in sports-filled summer

The New York Times handily beat expectations for second-quarter digital subscriber growth, benefiting from its bundling strategy and strong growth at sports publication The Athletic in a

NYT subscribers surge as The Athletic shines in sports-filled summer
Business|Finance|Stock Markets|Technology|Travel

Airbnb shares slumps as weak forecast signals slowing travel demand

Shares of Airbnb slumped nearly 14% on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter

Airbnb shares slumps as weak forecast signals slowing travel demand
Business|Finance|Technology

KKR to help Fuji Soft go private under $4 billion management buyout, Nikkei reports

U.S. private equity firm KKR & Co plans to help Japanese system developer Fuji Soft go private under a management buyout worth about 600 billion yen ($4.09 billion), the Nikkei

KKR to help Fuji Soft go private under $4 billion management buyout, Nikkei reports
Business|News|Technology

Former Canadian spy agency chief Vigneault joins US intelligence firm Strider

Former Canadian spy agency chief David Vigneault, who stepped down after seven years in that post in July, is joining U.S. security firm Strider Technologies as the managing

Former Canadian spy agency chief Vigneault joins US intelligence firm Strider
Business|Finance|Health

CVS Health expects medical costs to remain high through the year

CVS Health said on Wednesday that high demand for medical care among older adults hit second-quarter results, a trend that continued into July,

CVS Health expects medical costs to remain high through the year
Europe|News|World

Russian shelling kills four in Ukraine's Donetsk region

Russia shelled the frontline Donetsk region in Ukraine's east on Wednesday, killing at least four people, the regional governor said.

Business|Economy|Finance|Stock Markets

Nasdaq ends down 1% as tech shares fall; Treasury auction weak

U.S. stocks ended lower on Wednesday, with the Nasdaq falling 1% as technology shares declined and weak demand in a 10-year Treasury auction stoked

Nasdaq ends down 1% as tech shares fall; Treasury auction weak
Business|Economy|Finance

Uganda cuts key rate as shilling recovery helps inflation outlook

Uganda's central bank reduced its key lending rate by 25 basis points to 10.00% on Wednesday, saying a recovery in the shilling currency had led to an

Europe|News|World

Ukraine says it raided Russian-controlled spit in Black Sea

Ukraine's military intelligence agency confirmed on Wednesday that its forces had conducted a raid on the Russian-controlled Tendra Spit in the northwest of the Black Sea, saying they

Business|Finance|Travel

Hilton lifts profit view as international travel offsets weak US demand

Hotel operator Hilton Worldwide raised its forecast for 2024 profit after beating second-quarter estimates on Wednesday as robust demand for international travel offset

Hilton lifts profit view as international travel offsets weak US demand
Business|Finance|Stock Markets|Technology

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast

Shares of AI high-flier Super Micro Computer tumbled to a six month low on Wednesday as a faster-than-expected contraction in the server maker's gross margin overshadowed a

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast
Finance|News|Stock Markets

BOJ eases market migraine, Super Micro aches

A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to

BOJ eases market migraine, Super Micro aches
Business|Economy|Finance|News

Air Canada shifts capacity to Pacific routes after profit falls

Air Canada said it would redeploy capacity to Asia Pacific routes on softer European demand, after reporting a lower second-quarter profit that came in ahead of analysts' estimates on

Air Canada shifts capacity to Pacific routes after profit falls
Election|News

Minnesota's economy under Walz in five charts

Vice President Kamala Harris, the Democratic nominee to succeed U.S.

Minnesota's economy under Walz in five charts
Business|Finance|Technology

Lyft's soft forecast fans worries of losing ground to Uber, shares tank

Lyft's shares tanked 16% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber.

Lyft's soft forecast fans worries of losing ground to Uber, shares tank
Crime|Europe

Polish man given prison sentence for punching Danish prime minister

A Polish man was sentenced to four months in prison on Wednesday for punching Danish Prime Minister Mette Frederiksen while she walked through Copenhagen

Polish man given prison sentence for punching Danish prime minister
Europe|News

Pope's weekly audience disrupted by animal rights activists

Pope Francis's weekly general audience at the Vatican on Wednesday was briefly interrupted by two women from an animal rights group, who shouted and held up signs against

Pope's weekly audience disrupted by animal rights activists
Asia|News|World

Thai court orders dissolution of opposition Move Forward Party

Thailand's Constitutional Court on Wednesday ordered the dissolution of the popular opposition Move Forward party over its campaign to amend a royal insults law that protects the

Thai court orders dissolution of opposition Move Forward Party

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