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

Latest From Reuters

Asia|Business|Economy|Finance

Chinese regulator announces penalty exemptions for employees in inclusive credit defaults

China's financial regulator said on Friday that employees and managers can be exempted from penalties if they fulfilled their duties in cases of loan defaults in inclusive credit

Uncategorized

Alphabet's fund CapitalG cut stake in CrowdStrike before July global outage

Google-parent Alphabet's independent growth fund CapitalG cut its stake in cybersecurity company CrowdStrike , according to a regulatory filing on Friday, much before a global outage last

Alphabet's fund CapitalG cut stake in CrowdStrike before July global outage
Business|Finance

Chevron earnings slide, Hess merger arbitration drags on

Chevron Corp on Friday posted sharply weaker second-quarter earnings and the oil major's CEO discounted the chance to close a $53 billion acquisition of

Chevron earnings slide, Hess merger arbitration drags on
Business|Finance|Stock Markets

Walmart's low price promise in focus after Amazon's warning

Walmart's "Everyday Low Price" promise will be put to the test when it reports quarterly results, after rival Amazon.com's warning that customers

Walmart's low price promise in focus after Amazon's warning
Business|Economy|Finance|Stock Markets|Technology

Rethinking recession risks and AI, markets take fright

A look at the day ahead in U.S. and global markets from Mike Dolan August looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for

Rethinking recession risks and AI, markets take fright
Business|Finance|Stock Markets

Stocks drop, Nasdaq confirms correction as recession fears mount

U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked

Stocks drop, Nasdaq confirms correction as recession fears mount
Africa|Economy|Finance

Ethiopia to save $4.9 billion from debt restructuring, says state finance minister

Ethiopia will save $4.9 billion from its debt restructuring exercise, State Finance Minister Eyob Tekalign said on Friday.

Ethiopia to save $4.9 billion from debt restructuring, says state finance minister
News

US expands probe into nearly 1 million Dodge SUVs over door locks

The National Highway Traffic Safety Administration on Friday upgraded and expanded its investigation into nearly 1 million Stellantis Dodge

US expands probe into nearly 1 million Dodge SUVs over door locks
Business|Economy|Finance|Stock Markets

Global rate cuts? We're halfway there

Global stock markets tumbled on Monday at the start of another volatile week, as a so-far reasonably robust earnings season failed to offset fears of a U.S. recession and worries that

Global rate cuts? We're halfway there
News|World

Russian drone hits bus in Kharkiv region, injuring six, official says

A Russian drone hit a bus in Ukraine's northeastern Kharkiv region early on Friday, injuring six construction workers, including one who was in a critical condition, the regional

Business|Technology

Tesla's China-made EV sales rise 15.3% y/y in July

U.S. automaker Tesla's sales of China-made electric vehicles rose 15.3% from a year earlier to 74,117 units in July, data from the China Passenger Car Association (CPCA) showed on

Tesla's China-made EV sales rise 15.3% y/y in July
Business|Finance|Technology

Intel shares slump 26% as turnaround struggle deepens

Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its dividend and slashed its workforce to fund a

Intel shares slump 26% as turnaround struggle deepens
Asia|Education

Chinese university announces first marriage-related degree course

China's Civil Affairs University announced a new undergraduate marriage program to develop marriage-related industries and culture, drawing scorn of social media users who

Chinese university announces first marriage-related degree course
Food|News|World

World food prices ease slightly in July, UN says

The United Nations world food price index eased slightly in July according to data released on Friday, with a decline in the index for cereals offset in part by increases for meat,

World food prices ease slightly in July, UN says
Africa|Crime|News

Nigerian police may seek army help after violent protests

Nigerian police are on red alert and may seek the help of the military after protests against the cost of living and governance issues turned violent in some cities

Nigerian police may seek army help after violent protests
Asia|News|World

Philippines, Japan militaries hold first joint exercises in South China Sea

The Philippines and Japan held their first joint military exercises in the South China Sea on Friday, the Philippine armed forces said, in the latest collaboration between countries

Asia|Business|Technology

Tesla registers insurance brokerage in China, national corporate database shows

Tesla registered an insurance broking firm in China at the end of July, based on a national corporate information database, in a sign that the U.S. automaker may be trying again to

Tesla registers insurance brokerage in China, national corporate database shows
Business|Europe|Finance|Stock Markets

European shares tumble as global equity rout amplifies

Europe's STOXX 600 fell close to 3% on Friday as global equity markets ran into turbulence after a U.S. jobs report exacerbated worries of an economic

European shares tumble as global equity rout amplifies
Business|Europe|Technology

Volvo Cars' July sales rise 6% driven by European EVs

Volvo Cars' sales rose 6% year-on-year in July to 57,447 cars, driven by an increase in fully electric vehicles in Europe, the Sweden-based automaker said on Friday.

Volvo Cars' July sales rise 6% driven by European EVs
Asia|News|World

Rescuers in China race to find the missing, seal dykes after deadly floods

Rescuers in China scrambled on Friday to locate dozens of people still missing a week after the year's most powerful typhoon roared into the southern province of Hunan,

Rescuers in China race to find the missing, seal dykes after deadly floods
Business|Finance|Technology

Nvidia shares fall 2% in Frankfurt after media report of US probe

Nvidia shares fell 2.3% in Frankfurt on Friday, following media reports of the U.S. government launching an antitrust probe into the company following complaints from rival

Nvidia shares fall 2% in Frankfurt after media report of US probe
Asia|Economy|Finance

China central bank adviser calls for greater stimulus, inflation goal

China should ramp up its fiscal stimulus to spur economic growth and set a firm inflation target to prevent the country falling into a "low inflation trap", a central bank policy

China central bank adviser calls for greater stimulus, inflation goal
Asia|Business|Technology

Audi's new China EV series won't have signature four-ring logo, sources say

Audi's new electric cars series developed in China for the Chinese market will not sport its four-ring logo, two people with direct knowledge of the plans said.

Audi's new China EV series won't have signature four-ring logo, sources say
Business|Finance|Stock Markets|Technology

Amazon shares drop on slowing online sales growth

Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper

Amazon shares drop on slowing online sales growth
Business|MidEast|World

Italy's ITA Airways suspends flights to and from Tel Aviv until Aug. 6

Italy's ITA Airways is suspending flights to and from Tel Aviv "due to the geopolitical developments in the Middle East and to ensure the safety of its passengers and crews", the

Italy's ITA Airways suspends flights to and from Tel Aviv until Aug. 6

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