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Category: Business

EA forecasts quarterly bookings below expectations on cautious gamer spending
Business

EA forecasts quarterly bookings below expectations on cautious gamer spending

(Reuters) -Electronic Arts forecast net bookings below Wall Street expectations on Tuesday, pressured by uncertain consumer spending on its core…

July 29, 2025
Starbucks beats revenue estimates on China strength, turnaround strategy
Business

Starbucks beats revenue estimates on China strength, turnaround strategy

By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Thursday, as steadying sales in China and…

July 29, 2025
US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say
Business

US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say

By Rishika Sadam and Sai Ishwarbharath B HYDERABAD/BENGALURU (Reuters) -U.S. retailer Costco Wholesale Corp will open its first technology centre…

July 21, 2025
US-based ADM shuts down Brazil pet food plant
Business

US-based ADM shuts down Brazil pet food plant

By Ana Mano SAO PAULO (Reuters) -U.S.-based grain merchant Archer Daniels Midland is closing a pet food plant in Brazil,…

July 17, 2025
GM to produce lower-cost battery cells at Tennessee plant
Business

GM to produce lower-cost battery cells at Tennessee plant

By Nora Eckert DETROIT (Reuters) -General Motors is planning to produce lower-cost battery cells at its joint-venture plant with South…

July 14, 2025
Cognition AI to buy Windsurf, doubling down on AI-driven coding
Business

Cognition AI to buy Windsurf, doubling down on AI-driven coding

(Reuters) -Artificial intelligence startup Cognition AI on Monday agreed to acquire Windsurf, an integrated development environment platform, strengthening its position…

July 14, 2025
US senator says United, JetBlue partnership could harm competition
Business

US senator says United, JetBlue partnership could harm competition

By David Shepardson (Reuters) -Democratic Senator Richard Blumenthal said a proposed partnership between United Airlines and smaller JetBlue Airways could…

July 11, 2025
Kraft Heinz is planning a breakup, WSJ reports
Business

Kraft Heinz is planning a breakup, WSJ reports

(Reuters) -Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal reported on Friday, citing…

July 11, 2025
Trump’s copper tariffs pile more metal misery on US auto industry
Business

Trump’s copper tariffs pile more metal misery on US auto industry

By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) -U.S. President Donald Trump’s threat of a 50% tariff on copper imports…

July 11, 2025
Porsche expects $351 million tariff hit for April and May
Business

Porsche expects $351 million tariff hit for April and May

FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import…

July 9, 2025

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