Baidu fourth-quarter revenue down 2% as advertising dip offsets AI cloud gains
(Reuters) – Chinese search engine giant Baidu reported a 2% drop in quarterly revenue, dragged down by a slowdown in…
Day: February 18, 2025
Goldman Sachs raises year-end gold price forecast to $3,100
(Reuters) – Goldman Sachs on Monday raised its year-end 2025 gold price forecast to $3,100 per ounce, up from $2,890,…
Medtronic beats quarterly profit estimates on strong heart, diabetes device sales
(Reuters) – Medtronic beat Wall Street estimates for quarterly profit on Tuesday, on strong demand for its heart and diabetes…
US paper industry asks Trump to seek lighter EU deforestation rules
By Richa Naidu and Kate Abnett LONDON/BRUSSELS (Reuters) – The U.S. paper and pulp industry is lobbying President Donald Trump’s…
OpenAI weighs special voting rights to guard against hostile takeovers, FT reports
(Reuters) -OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as…
Taiwan electronics firms plan more Texas investments, industry body says
By Wen-Yee Lee TAIPEI (Reuters) – Taiwanese electronics companies are planning more investments in the U.S. state of Texas, with…
Tesla steps up India hiring after Musk-Modi meet, fast-tracking market entry plan
(Reuters) – Elon Musk’s Tesla is looking to hire senior staff in India, job advertisements posted this week showed, signalling…
Restaurant Brands takes full control of Burger King China
(Reuters) – Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee…