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Category: Business

US crude stockpiles likely rose last week, products seen down: Reuters poll
Business

US crude stockpiles likely rose last week, products seen down: Reuters poll

(Reuters) – U.S. crude oil stockpiles were expected to have risen last week, while distillate inventories likely fell with gasoline…

February 19, 2025
Baidu fourth-quarter revenue down 2% as advertising dip offsets AI cloud gains
Business

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…

February 18, 2025
Goldman Sachs raises year-end gold price forecast to $3,100
Business

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,…

February 18, 2025
Medtronic beats quarterly profit estimates on strong heart, diabetes device sales
Business

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…

February 18, 2025
US paper industry asks Trump to seek lighter EU deforestation rules
Business

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…

February 18, 2025
OpenAI weighs special voting rights to guard against hostile takeovers, FT reports
Business

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…

February 18, 2025
Taiwan electronics firms plan more Texas investments, industry body says
Business

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…

February 18, 2025
Tesla steps up India hiring after Musk-Modi meet, fast-tracking market entry plan
Business

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…

February 18, 2025
Restaurant Brands takes full control of Burger King China
Business

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…

February 18, 2025
Analysis-As gold eyes glittering milestone, bear case also rises
Business

Analysis-As gold eyes glittering milestone, bear case also rises

By Polina Devitt LONDON (Reuters) – Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty…

February 12, 2025

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