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EU agrees path to compete in clean tech production
Business

EU agrees path to compete in clean tech production

By Philip Blenkinsop BRUSSELS (Reuters) -European Union policymakers agreed new rules on Tuesday to promote local production of equipment for…

February 6, 2024February 6, 2024
Energy heavyweights push European shares higher; Germany’s DAX hits fresh record high
Economy

Energy heavyweights push European shares higher; Germany’s DAX hits fresh record high

By Sruthi Shankar and Shashwat Chauhan (Reuters) -European stocks advanced on Tuesday as bumper earnings from BP and higher crude…

February 6, 2024February 6, 2024
Toyota to invest $1.3 billion in Kentucky facility for new electric SUV
Business

Toyota to invest $1.3 billion in Kentucky facility for new electric SUV

(Reuters) -Toyota said on Tuesday it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of…

February 6, 2024February 6, 2024
Adidas predicts 2024 operating profit leap after Kanye West break-up
Business

Adidas predicts 2024 operating profit leap after Kanye West break-up

MUNICH (Reuters) – German sportswear maker Adidas expects operating profit to nearly double to about 500 million euros ($542.3 million)…

February 1, 2024February 1, 2024
US bank stocks sink after New York Community Bancorp cuts dividend
Economy

US bank stocks sink after New York Community Bancorp cuts dividend

By Niket Nishant and Nupur Anand (Reuters) -Regional U.S. bank stocks sank on Wednesday, dragged by a 38% plunge in…

February 1, 2024February 1, 2024
Nasdaq ends lower ahead of big tech earnings, focus on Fed
Business

Nasdaq ends lower ahead of big tech earnings, focus on Fed

By Stephen Culp NEW YORK (Reuters) -The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of…

January 31, 2024January 31, 2024
Payments firm PayPal to reduce global workforce by 9% in 2024
Business

Payments firm PayPal to reduce global workforce by 9% in 2024

By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9%…

January 30, 2024January 30, 2024
Stocks meander, yields mixed after strong US labor data
Business

Stocks meander, yields mixed after strong US labor data

By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs…

January 30, 2024January 30, 2024
Investor Griffin gave $5 million to pro-Haley group in January -source
Domestic

Investor Griffin gave $5 million to pro-Haley group in January -source

By Svea Herbst-Bayliss and Alexandra Ulmer (Reuters) – Hedge fund billionaire Kenneth Griffin gave $5 million to an outside group…

January 30, 2024January 30, 2024
Economy

Indian government appoints members for new finance panel

(Reuters) – The Indian government on Tuesday appointed four members of the new Finance Commission that will recommend how federal…

January 30, 2024January 30, 2024

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