Cloudy 47°. Wind: E 4 mph.
Loading advertisement…
Trending: ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
HomeNewsNationalBusiness ( Page 685)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

South Korea exports rebound on tech boost but US, China shipments extend losses

SEOUL (Reuters) -South Korea’s exports rose in June on the back of strong tech demand, after falling in May for the first time in four months, trade data showed on Tuesday, though shipments to the U.S. and China remained weak amid tariff uncertainty. Exports ...
by

Japan business mood improves despite tariff risks, BOJ tankan shows

By Leika Kihara TOKYO (Reuters) -Business sentiment among Japan’s big manufacturers unexpectedly improved in the three months to June, a central bank survey showed on Tuesday, a sign companies are still awaiting clarity on the potential hit from steep U.S. tariffs. Sentiment among big non-manufacturers worsened ...
by

In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

BUENOS AIRES, Argentina (AP) — The fate of Argentina’s state-run oil company was thrown into doubt Monday as a U.S. judge ordered the cash-strapped country to give up its 51% controlling stake in YPF in partial compensation for seizing the shares of former investors ...
by

Bombardier secures $1.7 billion aircraft order with service deal

(Reuters) -Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027. Bombardier said the customer, who has chosen to remain anonymous, would ...
by

New Zealand second-quarter business confidence improves, think tank says

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s business confidence improved in the second quarter, a private think tank said on Tuesday, amid indications that inflationary pressures were easing. A net 22% of firms surveyed expected general business conditions to improve compared with 19% optimism in the ...
by

Judge allows antitrust lawsuit against Apple to proceed

A federal judge on Monday rebuffed Apple’s request to throw out a U.S. government lawsuit alleging the technology trendsetter has built a maze of illegal barriers to protect the iPhone from competition and fatten its profit margins. The 33—page opinion from U.S. District Judge ...
Loading advertisement…
by

S&P 500, Nasdaq close at record highs, cap best quarter in over a year

NEW YORK (Reuters) – The S&P 500 and Nasdaq reached record closing highs on Monday, capping their best quarter in over a year as hopes for trade deals and possible rate cuts eased investor uncertainty. Both indexes ended the quarter with double-digit gains. The S&P ...
by

Chinese money fires up Hong Kong shares

By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States. A record $90 billion of cash from the mainland has driven a ...
by

OpenAI says it has no plan to use Google’s in-house chip 

-OpenAI said it has no active plans to use Google’s in-house chip to power its products, two days after Reuters and other news outlets reported on the AI lab’s move to turn to its competitor’s artificial intelligence chips to meet growing demand.  A spokesperson for OpenAI ...
by

Todd Boehly-backed Accelerant files for NYSE listing as IPO market gathers steam

(Reuters) -Billionaire sports financier Todd Boehly-backed insurance tech company Accelerant filed for an initial public offering in the United States on Monday, almost two years after it first considered a stock market flotation. The move comes as the IPO market, which had been languishing ...
by

Slander or ‘trash-talking’? Drake-Kendrick Lamar feud has a day in court

NEW YORK (AP) — A federal judge is pondering the nature of rap battles and the cutting wordplay in Kendrick Lamar ’s “Not Like Us,” the megahit diss track that spurred a defamation lawsuit from his fellow superstar Drake. Drake sued Universal Music Group ...
by

Morgan Stanley sees Brent at $60/bbl by early next year

(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied and geopolitical risk abating following the Israel-Iran de-escalation, Morgan Stanley said in a note on Monday. The bank added it sees robust supply growth ...
First Previous681682683684685686687688689Next Last