by Reuters | May 5, 2024 | General
(Reuters) -The European Union launched an investigation into China’s procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has also launched several probes into whether Chinese clean tech producers are dumping...
by Reuters | May 4, 2024 | General
By Ann Saphir PALO ALTO, California (Reuters) -The U.S. central bank’s 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal Reserve Bank President John Williams said on Friday. His defense...
by Reuters | May 3, 2024 | General
By Sheila Dang (Reuters) – Short-form video took center stage at tech and social media companies’ annual presentations to advertisers, as platforms like Snap and Meta look to capitalize on TikTok’s political uncertainty in the U.S. to take ad dollars...
by Reuters | May 3, 2024 | General
By Aditya Soni (Reuters) -Apple shares jumped 7% on Friday as the iPhone maker’s record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China. The company...
by Reuters | May 3, 2024 | General
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Elon Musk’s carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name “Tesla Power” to promote its products, seeking damages and a permanent...
by Reuters | May 3, 2024 | General
By Manas Mishra and Christy Santhosh (Reuters) -Amgen shares headed for their best session since 2009 on Friday after the U.S. drugmaker hinted at encouraging interim trial data on its experimental obesity drug, denting rival stocks but leaving analysts frustrated...
by Reuters | May 3, 2024 | General
By Pritam Biswas and Laura Matthews (Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong demand for hedging products amid shifts in market volatility helped boost the exchange operator’s options trading volumes....
by Reuters | May 3, 2024 | General
By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) – Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners’ costs with a likely knock-on effect...
by Reuters | May 2, 2024 | General
By Laurie Chen and Michel Rose BEIJING/PARIS (Reuters) -Chinese President Xi Jinping heads to Europe for the first time in five years next week in a visit that may lay bare European divisions over trade with Beijing and how the continent positions itself as a pole...
by Reuters | May 2, 2024 | General
(Reuters) – Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, following a years-long slump. Sales to Chinese smartphone makers jumped...
