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Business

China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools

BEIJING (Reuters) – China is “dissatisfied” with the Dutch goverment’s decision to expand export controls on ASML chipmaking equipment, the…

September 8, 2024
VW boss says European market shrinking amid tougher competition
Business

VW boss says European market shrinking amid tougher competition

FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s home market, said change was…

September 8, 2024
Social media platform X back up after brief outage, Downdetector shows
Business

Social media platform X back up after brief outage, Downdetector shows

(Reuters) -Social media platform X was back up on Saturday after it suffered an outage that lasted less than an…

September 8, 2024
Goldman Sachs expects OPEC+ production increases to start in December
Business

Goldman Sachs expects OPEC+ production increases to start in December

(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases…

September 7, 2024
Dell, Palantir and Erie Indemnity to join S&P 500
Business

Dell, Palantir and Erie Indemnity to join S&P 500

(Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and…

September 7, 2024
Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
Business

Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports

(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and…

September 7, 2024
US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners
Business

US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners

(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock’s $12.5 billion deal for Global Infrastructure Partners. Under…

September 7, 2024
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
Business

Broadcom shares slump as revenue target disappoints investors hoping for big AI boost

(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…

September 6, 2024September 6, 2024
AT&T makes final offer to striking CWA union
Business

AT&T makes final offer to striking CWA union

(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union…

September 5, 2024
Ford sales rise 13.4% in August on SUV, pick-up truck demand
Business

Ford sales rise 13.4% in August on SUV, pick-up truck demand

(Reuters) – Ford Motor said on Thursday U.S. vehicle sales in August rose 13.4% to 182,985 units, helped by robust…

September 5, 2024

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