Today: November 14, 2024
Today: November 14, 2024

Latest From Reuters

Business|Finance|Technology

Musk's X taps former Tubi executive Banki as CFO

Elon Musk's X Corp has tapped former Tubi executive Mahmoud Reza Banki as chief financial officer, in one of the social media platform's biggest hires as its billionaire

Musk's X taps former Tubi executive Banki as CFO
Economy|Finance|US

U.S. October budget deficit jumps to $257 billion, handing hole to Trump

The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a

U.S. October budget deficit jumps to $257 billion, handing hole to Trump
Business|Economy

Senior aide to Argentina's Milei says Shell eying LNG investment, according to report

The cabinet chief to Argentine President Javier Milei cited oil major Shell as a potential investor in a future liquefied natural gas (LNG) project to be run by the country's

Senior aide to Argentina's Milei says Shell eying LNG investment, according to report
Economy|Political|US

Expect to hear the F-word a lot in the US Senate next year

Republican majorities in both chambers of the U.S.

Expect to hear the F-word a lot in the US Senate next year
Business|Finance|US

Nelson Peltz says new Disney chairman Gorman will find a 'respectable CEO'

Hedge fund manager Nelson Peltz, who lost a bruising boardroom challenge at Walt Disney this year, is confident the company's new board chairman will find a

Nelson Peltz says new Disney chairman Gorman will find a 'respectable CEO'
Economy|Finance|US

Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks

The Federal Reserve is in the "last mile" of its inflation fight, with price pressures converging towards the U.S. central bank's 2% target, though recent data have raised the risk that progress may

Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Business|Technology

Meta to introduce ads on Threads in early 2025, the Information reports

Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the

Meta to introduce ads on Threads in early 2025, the Information reports
MidEast|Political|World

Israel wants freedom to strike Lebanon even after ceasefire, France says

Israeli officials are insisting on maintaining a capacity to strike Lebanon at any moment as part of conditions to secure a ceasefire with Iran-backed Hezbollah, France's foreign

Israel wants freedom to strike Lebanon even after ceasefire, France says
Business|Economy|Finance|US

Fed's Schmid: extent of further rate cuts 'remains to be seen'

Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that inflation is headed

Fed's Schmid: extent of further rate cuts 'remains to be seen'
US|World

Kyiv 'cautiously optimistic' after discussing deep strikes in Russia with US

Ukrainian Foreign Minister Andrii Sybiha said on Wednesday he was "cautiously optimistic" after discussing with U.S.

Kyiv 'cautiously optimistic' after discussing deep strikes in Russia with US
MidEast|World

UN nuclear watchdog chief Grossi arrives in Iran for talks

U.N. atomic watchdog chief Rafael Grossi arrived in Iran for talks on Wednesday, Iranian state media reported, a day after he appealed to Iran's leadership to take steps to resolve

UN nuclear watchdog chief Grossi arrives in Iran for talks
Business|Technology

AMD to cut 4% of global workforce as it focuses on AI chip development

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether

AMD to cut 4% of global workforce as it focuses on AI chip development
Business|Economy|Election|US

US executives weigh risks from proposed Trump tariffs

Top executives at many U.S. companies are preparing for the impact from President-elect Donald Trump fulfilling his campaign promise of raising tariffs, a move that could disrupt supply

US executives weigh risks from proposed Trump tariffs
Business|Economy|Finance

D.E. Shaw takes $108 million short bet on Bayer, regulatory filing shows

Hedge fund D.E.

D.E. Shaw takes $108 million short bet on Bayer, regulatory filing shows
Asia|Business|Economy|Finance|US

India's Adani Group to invest $10 billion in US energy following Trump win

India's Adani Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs, chairman Gautam Adani said in a post on social media

India's Adani Group to invest $10 billion in US energy following Trump win
MidEast|World

Israel says it attacks Hezbollah arms smuggling routes in Syria

An Israeli attack targeted the area of Qusayr in the southern countryside of Homs province in central Syria, Syria's state media said on Wednesday.

Business|Economy|Technology

Amazon launches low-cost ecommerce service in US to challenge Temu

Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on

Amazon launches low-cost ecommerce service in US to challenge Temu
Americas|Business|Economy|Finance

Telefonica awarded $380 million from Colombian government in arbitration, company says

Spanish telecoms company Telefonica said on Wednesday that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) had ordered the Colombian

Telefonica awarded $380 million from Colombian government in arbitration, company says
MidEast|World

Hezbollah says it launched attack on military base in Tel Aviv, no sirens heard in city

Lebanon's Iran-aligned Hezbollah said on Wednesday that it had launched an attack on Tel Aviv's Hakirya military base, for the first time with drones, however there were no warning

Business|Finance|Stock Markets|US

Frontier shareholders approve $9.6 billion deal with Verizon

Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as a number of large investors sought to get a higher price.

Frontier shareholders approve $9.6 billion deal with Verizon
Americas|Economy|Environment|World

Pipeline fire in Venezuela almost completely extinguished, sources say

A fire that followed a pipeline explosion at a natural gas complex in Venezuela and has forced regions of the country to enforce tougher power rationing was almost completely

Europe|World

Greece declassifies intelligence records on 1974 Cyprus crisis

Greece's intelligence service on Wednesday declassified 58 intelligence reports connected to the Greek-led coup in Cyprus in 1974 and the subsequent Turkish invasion, giving an

Economy|Europe

Russia's GDP growth slows to 3.1% y/y in Q3, statistics service says

Russia's gross domestic product (GDP) grew by 3.1% in the third quarter of 2024, down from a 4.1% annual rise in the second quarter and 5.4% in the first quarter, state statistics service

Russia's GDP growth slows to 3.1% y/y in Q3, statistics service says
Business|Economy|Finance|US

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted

Boeing starts issuing layoff notices as planemaker trims 10% of workforce
Economy|Finance|World

Russia's 2024 inflation to exceed government's forecast after weekly jump

Russian consumer prices jumped by 0.3% in the latest week, bringing the headline number to 7% since January, close to the official government forecast of 7.3% for the full year,

Russia's 2024 inflation to exceed government's forecast after weekly jump

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