Grocery chain Kroger forecasts annual sales above estimates on steady demand
(Reuters) -Kroger on Thursday forecast annual same-store sales largely above Wall Street estimates, fueled by steady grocery demand as value-conscious…
Category: Business
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 16% and dragged down rival chipmakers on Thursday, after an in-line revenue…
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak…
Self-driving technology startup Avride partners with Hyundai to expand robotaxi fleet
(Reuters) – Avride has partnered with Hyundai Motor Co to expand its fleet of robotaxis, and signed a deal with…
Google reports scale of complaints about AI deepfake terrorism content to Australian regulator
By Byron Kaye SYDNEY (Reuters) – Google has informed Australian authorities it received more than 250 complaints globally over nearly…
YouTube brings cheaper subscription tier to US with no ads, except for music
By Kenrick Cai SAN FRANCISCO (Reuters) – Alphabet’s YouTube on Wednesday rolled out a $7.99 monthly subscription service that is…
Explainer-Could Europe’s Eutelsat help to replace Starlink in Ukraine?
By Supantha Mukherjee and Gianluca Lo Nostro STOCKHOLM/GDANSK (Reuters) – Suggestions that Ukraine could lose access to Elon Musk’s Starlink…
US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say
By Shivangi Acharya and Aditi Shah NEW DELHI (Reuters) – The United States wants India to eliminate tariffs on car…
Starbucks taps Nordstrom’s Cathy Smith as CFO amid turnaround
(Reuters) -Starbucks named Nordstrom’s Cathy Smith as its finance chief on Tuesday, hiring a retail industry veteran to aid CEO…
Blackstone out of race for India’s Haldiram’s over valuation, sources say
By Aditya Kalra NEW DELHI (Reuters) – Private equity investor Blackstone has pulled out of the race to pick up…