Uber shares tumble as weaker ride-share demand hurts Q2 forecast
By Yuvraj Malik (Reuters) -Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending ..
Headlines
Headlines
Oil prices rise after US crude stocks fall more than expected
NEW YORK (Reuters) –Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw in crude..
Headlines
Olympics-Flame arrives in Marseille amid tight security
MARSEILLE, France (Reuters) – The Olympic flame landed on French soil amid tight security on Wednesday, firing the starting gun ..
Headlines
UK tells tech firms to ‘tame algorithms’ to protect children
LONDON (Reuters) – Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms t..
Headlines
British pub group JD Wetherspoon expects profit at upper end of market forecast
(Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profit to be towards the upper end of market expectation..
Headlines
Alstom to ask shareholders for $1 billion in rights issue to slash debt
(Reuters) – French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) throug..
Headlines
Munich Re Q1 net profit up 68%, in line with preliminary figures
FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level tha..
Headlines
Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
STOCKHOLM (Reuters) – Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month,..
Headlines
Stocks rally anew on US rate cut hopes; dollar steady
NEW YORK/LONDON (Reuters) -Global shares traded close to one-month highs on Tuesday, boosted by revived optimism that the Federal Rese..
Headlines
Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of..
Headlines