Shipping stocks slide after US port strike ends
SEOUL (Reuters) – Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed…
Investors look to earnings to support record-high stock prices
By Lewis Krauskopf NEW YORK (Reuters) – A high-stakes corporate earnings season kicks into gear next week, with bullish investors…
Exxon’s deal with unions at Port Jerome refinery to allow job-cutting plan to move ahead
By Alban Kacher and Forrest Crellin (Reuters) – Energy major Exxon Mobil can move ahead with a plan to cut…
Levi Strauss shares fall on sluggish holiday quarter forecast
(Reuters) – Levi Strauss’ shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue…
Tesla recalls more than 27,000 Cybertrucks to fix rear-view camera delay
(Reuters) -Tesla said on Thursday it would recall more than 27,000 Cybertrucks due to delayed rear-view camera images that could…
Gold rally cripples physical demand in key markets
By Anjana Anil and Polina Devitt BENGALURU/LONDON (Reuters) – Physical demand for gold across key markets has tumbled as prices…
Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…
Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) -Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial…
StandardAero valued at $10.4 billion as shares jump in NYSE debut
By Niket Nishant (Reuters) -Carlyle-backed StandardAero racked up a $10.38 billion valuation after its shares opened 29% above the offer…
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company…