Apple supplier Foxconn cautious despite beating earnings forecasts
By Sarah Wu and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to…
Category: General
New Covid vaccines are on the way as ‘Eris’ variant rises
By Michael Erman NEW YORK (Reuters) – A new COVID vaccine is due out next month, but health experts and…
U.S. Steel explores options after rejecting $7.3 billion offer from Cleveland-Cliffs
By Jyoti Narayan and Akanksha Khushi (Reuters) -United States Steel Corp on Sunday launched a formal review of its strategic…
Exclusive-SoftBank in talks to buy Vision Fund’s 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) -SoftBank Group Corp is in talks to acquire the 25% stake…
China State Council issues guidelines in bid to increase foreign investment
By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China’s State Council issued guidelines on Sunday that it said would further…
Big tech losses sink Nasdaq, S&P as US Treasury yields rise
By David French (Reuters) – The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight…
Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity…
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC Entertainment’s revised stockholder settlement on…
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb”…
Oil up on record demand forecast, 7th straight weekly gain
By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand…