Porsche warns luxury not immune to economic woes as shares hit 1-year low
BERLIN (Reuters) -Porsche AG shares on Wednesday hit a one-year low since its listing last September as the carmaker warned the luxury..
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Consumer Reports finds more lead and cadmium in chocolate, urges change at Hershey
NEW YORK (Reuters) -Consumer Reports said on Wednesday it had found “concerning” levels of lead and cadmium in a third of ..
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Stocks struggle as soft earnings compound interest rate headache
(Reuters) -Stocks slipped on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, ..
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Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients
(Reuters) -Microsoft is outstripping Alphabet in the race to make money from generative artificial intelligence through early bets on ..
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U.S. dollar gains as risk sentiment sours, Treasury yields rise
NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday, as investors’ appetite for riskier..
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Exclusive-Shell cuts low-carbon jobs, scales back hydrogen in overhaul by CEO
LONDON (Reuters) – Shell will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen..
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Dollar rises as US business activity ticks up in October
NEW YORK (Reuters) -The dollar rose against a basket of currencies on Tuesday as a slew of fresh economic data highlighted the strengt..
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Bitcoin soars to near 18-month high as ETF speculation mounts
LONDON/SINGAPORE/NEW YORK (Reuters) – Bitcoin rose 6% on Tuesday to $35,198, its highest in nearly a year-and-a-half, on mountin..
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Britain scraps cap on banker bonuses inherited from EU
LONDON (Reuters) -Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling a cle..
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Oil prices dip amid flurry of weak European economic data
LONDON (Reuters) – Oil prices dipped on Tuesday following the previous session’s slump, while a flurry of economic data fr..
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