Relentless U.S. stock rally faces Fed test
By David Randall NEW YORK (Reuters) -A U.S. stocks rally faces a potential inflection point next week as the Federal…
Category: General
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
FRANKFURT (Reuters) – Mercedes-Benz is making China, the world’s top auto market, central to its next electric vehicle (EV) campaign…
CME Group to lay off 3% of its workforce, reallocate positions
(Reuters) – CME Group, the world’s largest derivatives exchange, eliminated about 100 positions, or 3% of its workforce, this week…
American Airlines increases offer to pilots by $1 billion, matching United
(Reuters) – American Airlines Group Inc on Friday said it raised the value of its contract offer to pilots by…
OpenAI, Google, others pledge to watermark AI content for safety -White House
By Diane Bartz and Krystal Hu WASHINGTON/NEW YORK (Reuters) -AI companies including OpenAI, Alphabet and Meta Platforms have made voluntary…
AmEx’s profit view dampens strong results from record card spending
By Manya Saini (Reuters) -American Express kept its annual profit forecast unchanged despite a record spending on its credit cards…
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told…
China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to…
Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion
(Reuters) -Shares of Digital World Acquisition (DWAC) surged 55% on Friday as a settlement with U.S. securities regulator over fraud…
J&J upbeat on 2023 as devices rebound post-COVID, shares jump
By Bhanvi Satija and Patrick Wingrove (Reuters) -Johnson & Johnson on Thursday expressed optimism for strong growth this year, saying…