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Category: Business

Factbox-Drugmakers racing to launch the first weight-loss pill
Business

Factbox-Drugmakers racing to launch the first weight-loss pill

(Reuters) -Weight-loss drugs are expected to pull in more than $150 billion in industry-wide revenue by the early 2030s, thanks…

August 7, 2025
Palantir shares jump as soaring AI demand powers forecast upgrade
Business

Palantir shares jump as soaring AI demand powers forecast upgrade

By Siddarth S and Akriti Shah (Reuters) -Palantir Technologies shares surged nearly 9% in early trading on Tuesday, after the…

August 5, 2025
Canada to give lumber industry up to C$1.2 billion in aid to cope with US duties
Business

Canada to give lumber industry up to C$1.2 billion in aid to cope with US duties

OTTAWA (Reuters) – Canada will provide up to C$1.2 billion ($870 million) to help softwood lumber producers deal with U.S.…

August 5, 2025
Firefly Aerospace lifts IPO price range, targets $6 billion valuation amid space investment boom
Business

Firefly Aerospace lifts IPO price range, targets $6 billion valuation amid space investment boom

By Ateev Bhandari (Reuters) -Northrop Grumman-backed Firefly Aerospace raised the proposed price range for its U.S. initial public offering on…

August 4, 2025
Amazon overhauls Wondery podcast studio, cuts 110 jobs
Business

Amazon overhauls Wondery podcast studio, cuts 110 jobs

By Jaspreet Singh (Reuters) -Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business…

August 4, 2025
Palantir raises annual revenue forecast again on surging AI demand
Business

Palantir raises annual revenue forecast again on surging AI demand

By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting…

August 4, 2025
Business

Analysis-Diageo’s new CEO needs actions, not just words

By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…

August 1, 2025August 18, 2025
EBay sees quarterly revenue above estimates on steady demand for refurbished items
Business

EBay sees quarterly revenue above estimates on steady demand for refurbished items

(Reuters) -E-commerce firm eBay forecast third-quarter revenue above Wall Street estimates on Wednesday, signaling robust demand for products like collector’s…

July 30, 2025
Ford raises projected tariff hit to results, trims annual guidance
Business

Ford raises projected tariff hit to results, trims annual guidance

By Nora Eckert and Nathan Gomes DETROIT (Reuters) -Ford Motor said on Wednesday its second-quarter results took an $800 million…

July 30, 2025
Warner Bros Discovery to lay off 10% of film group, source says
Business

Warner Bros Discovery to lay off 10% of film group, source says

LOS ANGELES (Reuters) -Warner Bros Discovery will lay off roughly 10% of its motion picture group employees as part of…

July 30, 2025

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