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

Latest From Reuters

Europe|Finance|News

EU governments give green light to 4.2 billion euros payout to Ukraine

European Union governments approved on Tuesday the first regular payment to Ukraine of 4.2 billion euros ($4.58 billion) of the 50 billion euros the EU has set aside as financial

EU governments give green light to 4.2 billion euros payout to Ukraine
Business|Finance|Technology

Tesla to fix 1.7 million vehicles in China, says market regulator

Tesla is performing a remote recall of 1.7 million vehicles in China with an over-the-air software update, the state market regulator said on Tuesday.

Tesla to fix 1.7 million vehicles in China, says market regulator
Business|Technology

US transport safety board releases documents on Boeing 737 MAX 9 mid-air emergency

The U.S. National Transportation Safety Board released documents on Tuesday morning ahead of hearings into a January mid-air panel blowout of a near new Boeing 737 MAX 9 jet.

US transport safety board releases documents on Boeing 737 MAX 9 mid-air emergency
Business|Finance

FIS raises 2024 profit forecast above estimates on strong consumer spending

Banking and payments processing conglomerate Fidelity National Information Services raised its annual adjusted profit forecast above Wall Street estimates on Tuesday, benefiting from

Business|Technology

Jacobs beats Q3 revenue estimates on steady demand in infrastructure business

Engineering consulting firm Jacobs Solutions beat third-quarter revenue estimates on Tuesday, helped by sustained demand in its infrastructure services unit.

Business|Finance|Technology

GlobalFoundries sees Q3 adjusted profit below estimates as inventory woes persist

GlobalFoundries marginally beat Wall Street expectations for second quarter revenue on Tuesday but forecast third-quarter adjusted profit below expectations, indicating a slower-than-

GlobalFoundries sees Q3 adjusted profit below estimates as inventory woes persist
Business|Finance|Technology

Starboard urges Autodesk board to explore CEO change, cost cuts

Activist investor Starboard Value urged Autodesk's board to explore a CEO change and cost cuts on Tuesday, saying the design software maker has missed financial targets and underperformed

Starboard urges Autodesk board to explore CEO change, cost cuts
Business|Crime|Europe

Two more Wirecard executives charged over accounting scandal

German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into

Two more Wirecard executives charged over accounting scandal
Business|Finance

Vulcan Materials posts downbeat results on subdued demand for construction supplies

Construction supplies maker Vulcan Materials on Tuesday missed Wall Street estimates for second-quarter revenue and profit and lowered its full-year adjusted EBITDA forecast as high

Economy|Finance

Brazil central bank will raise rates if needed, minutes show

Brazil's central bank won't hesitate to raise interest rates if necessary to bring inflation down to its target, minutes from its July 30-31 policy meeting

Brazil central bank will raise rates if needed, minutes show
Business|Economy

Taco Bell still 'crown jewel' for Yum even as boycotts, KFC weakness weigh

Yum Brands beat expectations for second-quarter profit as strength in the U.S.

Taco Bell still 'crown jewel' for Yum even as boycotts, KFC weakness weigh
Business|Technology

Joby Aviation applies for aircraft certification in Australia

Electric air taxi maker Joby Aviation said on Tuesday the it has formally applied for its aircraft to be certified for use in Australia.

Joby Aviation applies for aircraft certification in Australia
News|World

UN expert condemns Israeli killing of Al Jazeera journalist in Gaza

A United Nations expert on Tuesday condemned Israel's killing last week of Al Jazeera journalist Ismail Al-Ghoul and cameraman Ramy El Rify in Gaza and urged that the deaths be

UN expert condemns Israeli killing of Al Jazeera journalist in Gaza
News|World

Iraq condemns 'reckless' attacks on bases

Iraq's military condemned on Tuesday "reckless" actions against bases on its soil and said it had captured a truck with a rocket launcher a day after at least five U.S. personnel

Business|Finance|Stock Markets

Online brokerages Futu, UP Fintech suspend night trading of U.S. stocks

Online brokerages Futu Holdings and UP Fintech Holding, known for helping Chinese investors buy global stocks, have told clients that night trading of U.S. shares would be

Online brokerages Futu, UP Fintech suspend night trading of U.S. stocks
Asia|Business|Technology

ByteDance joins OpenAI's Sora rivals with AI video app launch

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also

ByteDance joins OpenAI's Sora rivals with AI video app launch
Business|Finance|Stock Markets

MarketAxess profit rises on demand for high-grade credit, government bonds

MarketAxess Holdings' second-quarter profit rose 8% due to robust trading activity in high-grade corporate debt and government bonds, it said on Tuesday.

MarketAxess profit rises on demand for high-grade credit, government bonds
News

Iran executes man accused of murder during Mahsa Amini unrest

Iran executed a 34-year-old man accused of killing a security officer during unrest over the death of Kurdish-Iranian woman Mahsa Amini, state media said, the first known protest-

News|Political|World

North Korea says German entry into UN monitoring force is bid to create Asian NATO

North Korea said Germany's entry into a U.S.-led U.N. border monitoring force on the Korean peninsula would raise tensions, accusing Washington of creating an Asian version of NATO,

North Korea says German entry into UN monitoring force is bid to create Asian NATO
Business|Finance

Caterpillar beats profit estimates as strong pricing cushions easing demand

Caterpillar beat Wall Street estimates for second-quarter profit on Tuesday, as higher prices and easing manufacturing costs countered moderating

Caterpillar beats profit estimates as strong pricing cushions easing demand
Economy|Europe

Irish unemployment rises to two-and-a-half year high of 4.7%

Ireland's unemployment rate hit its highest rate in two-and-a-half years in July, rising to 4.7% from an upwardly revised 4.5% a month earlier, Central Statistics Office data showed

Irish unemployment rises to two-and-a-half year high of 4.7%
News

Hezbollah pledges to respond alone or with allies to Israeli killing of commander

The leader of Hezbollah on Tuesday pledged a "strong and effective" response to the killing of its military commander by Israel last week no matter

Hezbollah pledges to respond alone or with allies to Israeli killing of commander
Business|Economy|Environment|Technology

US to invest $2.2 billion to overhaul national power grid

The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation's power grid to protect it against growing threats of extreme weather events.

US to invest $2.2 billion to overhaul national power grid
Business|Finance|Health

Listerine-maker Kenvue beats estimates on strong essential health product sales

Kenvue beat Wall Street estimates for second-quarter profit and revenue on Tuesday, helped primarily by better-than-expected sales in its essential health products unit that sells brands

Listerine-maker Kenvue beats estimates on strong essential health product sales
Business|Finance|Technology

Uber's second-quarter results beat on ride-sharing demand

Uber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 5% on

Uber's second-quarter results beat on ride-sharing demand

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