by Reuters | May 3, 2024 | General
By Aditya Soni (Reuters) -Apple shares jumped 7% on Friday as the iPhone maker’s record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China. The company...
by Reuters | May 3, 2024 | General
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Elon Musk’s carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name “Tesla Power” to promote its products, seeking damages and a permanent...
by Reuters | May 3, 2024 | General
By Manas Mishra and Christy Santhosh (Reuters) -Amgen shares headed for their best session since 2009 on Friday after the U.S. drugmaker hinted at encouraging interim trial data on its experimental obesity drug, denting rival stocks but leaving analysts frustrated...
by Reuters | May 3, 2024 | General
By Pritam Biswas and Laura Matthews (Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong demand for hedging products amid shifts in market volatility helped boost the exchange operator’s options trading volumes....
by Reuters | May 3, 2024 | General
By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) – Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners’ costs with a likely knock-on effect...