Solid US job growth, drop in unemployment rate underscore labor market resilience
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in November while the unemployment rate fell to 3.7%, signs…
Year: 2023
Google against potential EU break-up order, says not proportionate
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google on Friday criticised a potential order from EU antitrust regulators to sell…
Factbox-US corporate bankruptcies set for highest level since 2020
By Bansari Mayur Kamdar (Reuters) -Bankruptcy filings by U.S. companies this year are on track to hit their highest since…
Fear of cheap Chinese EVs spurs automaker dash for affordable cars
By Nick Carey and Paul Lienert LONDON/DETROIT (Reuters) – The rise of inexpensive Chinese electric vehicles has upped the pressure…
US self-driving industry seeks federal support, cites China risk
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department needs to support the development of autonomous vehicles, a coalition of…
Alphabet soars as Wall Street cheers arrival of AI model Gemini
By Aditya Soni (Reuters) – Alphabet shares ended 5.3% higher on Thursday as Wall Street cheered the launch of Gemini,…
AbbVie’s $8.7 billion bet on Cerevel is risky but smart, analysts say
By Bhanvi Satija and Khushi Mandowara (Reuters) – AbbVie’s decision to buy Cerevel Therapeutics before key data on the drug…
Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday…
Governments spying on Apple, Google users through push notifications -US senator
By Raphael Satter WASHINGTON (Reuters) -Unidentified governments are surveilling smartphone users via their apps’ push notifications, a U.S. senator warned…
Exclusive-AbbVie nears roughly $8 billion deal for drug developer Cerevel-sources
By David Carnevali NEW YORK (Reuters) – AbbVie Inc is nearing an approximately $8 billion deal to acquire Cerevel Therapeutics…