Citigroup CEO says most clients can absorb 10% tariffs
NEW YORK (Reuters) -Citigroup CEO Jane Fraser said on Monday most of the bank’s clients could absorb U.S. tariffs of…
Category: Business
Shell is studying merits of buying BP, Bloomberg News reports
(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting…
Big Oil earnings show split in production strategy, shareholder returns
By Sheila Dang and Shadia Nasralla HOUSTON/LONDON (Reuters) -Big Oil’s first-quarter earnings have shown a clear split in how companies…
Jaguar Land Rover restarts car exports to the US, London’s Times reports
(Reuters) -Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of…
Google faces September trial on ad tech antitrust remedies
By David Shepardson and Jody Godoy ALEXANDRIA, Virginia (Reuters) -Alphabet’s Google will face a trial in September on antitrust enforcers’…
Cboe delivers record profit as tariff risks drive hedging rush
By Arasu Kannagi Basil (Reuters) -Derivatives exchange Cboe Global Markets reported a record first-quarter profit on Friday and boosted its…
Spotify’s US app update with purchase links gets Apple approval
By Jaspreet Singh (Reuters) -Spotify said on Friday its U.S. app update has secured Apple’s approval to show pricing information…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
Mastercard profit beats expectations on resilient consumer spending
By Arasu Kannagi Basil (Reuters) -Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending…
Ford’s April US sales rise 16%, EV sales plummet
By Nathan Gomes and Nora Eckert (Reuters) -Ford Motor on Thursday reported a 16% rise in U.S. auto sales for…