Reuters Financial News

07.07 / 08:59

COST UPS Reuters Progressive Browser UK banks must accelerate rate rises for savers, says watchdog

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07.07 / 08:59

UPS Reuters Manufacturing Samsung Browser Samsung profit likely lowest in more than 14 years

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07.07 / 07:55

Target Reuters Booking Aviat Manufacturing Airlines Boeing India books record Airbus orders in June 2023: Report

Reuters. Efforts by Indian airlines to keep pace with the world's fastest-growing aviation market, serving the largest population, have sent industry records tumbling even though manufacturers are struggling to meet output goals due to supply chain snags. A Reuters report confirmed that Airbus gross orders before cancellations stood at 1,080 aircraft in the first half and said that had delivered 316 jets during the period. Following the cancellation in the first half of 2022, Airbus won 442 orders or a net total of 259 and delivered an unadjusted total of 297 jets.

07.07 / 03:35

Reuters Tencent NetEase audit US renews audit inspection of China firms: Report

NetEase Inc, Bloomberg News reported on Thursday. The inspection, part of an agreement signed last year, comes amid rising tensions between the United States and China, including U.S.

07.07 / 03:35

Facebook UPS Reuters Google PwC Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans

PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were surprised to find out PwC's advice may have been based on leaked government plans. The «big four» firm is under pressure to name all the clients it advised on the basis of confidential government tax plans leaked by a former partner between 2014 and 2017 while consulting for the government on international taxation. Citing two sources, Reuters reported on Wednesday Google had received confidential information from a former PwC employee confirming the likely Jan.

07.07 / 03:35

IPO Reuters JPMorgan valuation Catterton mulls IPO for Birkenstock at more than $6 bln valuation

LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more than $6 billion, Bloomberg News reported on Thursday. L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S.

07.07 / 03:07

Twitter Reuters CEO Platform Action Apple Threat elon Elon Musk hits out at Zuckerberg as Threads seems 'Threat' to Twitter after 30 million sign-ups

Elon Musk, Musk took to Twitter and responded to different threads with jabs directed at Mark Zuckerberg. In response to DogeDesigner's tweet suggesting that Meta's new app logo resembles a tapeworm, Musk humorously replied, "Metaphorically too." Meanwhile, a username Enrique, said, "no following tab on threads? uninstalled." Musk replied, by saying, “A closed source, algorithm-only system means that manipulation of what information people see is essentially undetectable." Meanwhile, Twitter responded on Thursday by threatening to sue Meta, according to the publication Semafor, citing a letter delivered to Zuckerberg by a lawyer for Twitter.

07.07 / 02:31

Reuters Trump us house Donald Trump's aide Marjorie Taylor Greene voted out from US House Freedom Caucus after heated altercation with member

Joe Biden for compromise debt ceiling legislation. The hardline Republicans had said McCarthy and his leadership team failed to deliver on promised spending cuts and ignored their input. (With Reuters inputs)

07.07 / 02:05

Reuters DOW NIFTY Samsung Nikkei Indian fall Gift Nifty trades flat, Asian markets fall after sell-off on Wall Street; key global cues for Indian stock market

labour market data spurred the threat of inflationary pressures, leaving room for more rate hike by the Fed. Earlier, the minutes of the Federal Reserve’s June meeting also showed that most central bank officials would support more interest rate increases ahead. In Asia, Japanese household spending fell 4.0% in May from a year earlier, a third month of decline, government data showed, Reuters reported.

07.07 / 01:15

Target Reuters Aware Platform HSBC Aster Healthcare's promoters in talks with private equity groups, look to sell India business

Healthcare led by Azad Moopen have initiated stake-sale talks with private equity groups such as Blackstone and KKR among others, said people aware of the matter. The promoters may even be open to selling a controlling stake in their India-listed hospital chain to capitalise on the ongoing sectoral consolidation, the people said. Aster Healthcare operates 32 hospitals, 127 clinics, 521 pharmacies, 16 laboratories and 189 patient experience centres in seven countries in West Asia and India.

06.07 / 23:23

UPS Reuters Ball Dreams Marsh’s dream return leaves third Ashes Test in balance

Mitch Marsh has celebrated his Test return with a thunderous century at Headingley, before taking a late wicket to leave the third Ashes match in the balance after day one.

06.07 / 19:03

Facebook Twitter Reuters CEO Platform Twitter is threatening to sue Meta over Threads: Semafor report

Meta Platforms over its new Threads platform, Semafor reported on Thursday, citing a letter sent to the Facebook parent's CEO Mark Zuckerberg by Twitter's lawyer Alex Spiro. «Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information,» Spiro wrote in the letter.

06.07 / 18:43

UPS Provident Reuters Future play AI robots could play future role as companions in care homes

Nadine, a social robot powered by Artificial Intelligence (AI) with human-like gestures and expressions, could have an important future role to play in tending to the sick and elderly, according to a professor who helped invent it. Nadia Magnenat Thalmann, a robot expert from the University of Geneva, who served as the model for Nadine's dark brown eyes and auburn hair, said Nadine and robots like it could prove more effective than human carers. «She (Nadine) has time 24 hours a day.

06.07 / 17:01

Reuters DISH Dish's Charlie Ergen looks to merge Dish and EchoStar - Semafor

(Reuters) — Dish Network (NASDAQ:DISH) Chairman Charlie Ergen is considering merging the two halves of his telecom empire, Dish and EchoStar, news publication Semafor reported on Thursday, citing people familiar with the matter.

06.07 / 16:19

UPS Twitter Target Reuters Platform Apple After hitting 18-month high ahead of launch, Meta stock up 1% after millions sign up on Threads

Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace one of social media's most iconic companies, despite its recent struggles. The Threads app went live on Apple and Android app stores in 100 countries and will run with no ads for now. Twitter, by comparison, had 229 million monthly active users in May 2022, according to a statement made before Musk's buyout of the social media platform.

06.07 / 15:55

UPS Twitter FIVE Reuters Platform Apple After hitting 18-month high ahead of launch, Meta stock edges lower even as millions sign up on Threads

Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace one of social media's most iconic companies, despite its recent struggles. The Threads app went live on Apple and Android app stores in 100 countries and will run with no ads for now. "10 million sign ups in seven hours," Zuckerberg wrote on his official Threads account on Thursday.

06.07 / 15:39

COST Reuters CEO Action Browser Covenant dividend UK's Currys drops dividend on uncertain economic outlook

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06.07 / 14:39

Provident Reuters Strategy Insight Partners raises $118 million fund to back underrepresented VCs

By Krystal Hu

06.07 / 12:01

COST UPS Reuters CME ADP analysts index Gold Prices Range-bound gold prices amidst dollar index ease and rising yields, analysts cautious on near-term prospects

gold prices rose 91 rupees to ₹58,564 per 10 grams in futures trade as investors opened new positions in response to strong spot demand. Gold futures for August delivery traded at ₹58,564 per 10 grammes on the Multi Commodity Exchange, up ₹91, or 0.16 percent, in a transaction of 10,916 lots. According to analysts, investors new positions is what caused gold prices to increase. Gold remained range-bound on Thursday as investors awaited the release of U.S.

06.07 / 10:09

Reuters ETF NASDAQ CoinMarketCap BlackRock Bitcoin 500 Bitcoin hits 13-month high, trading at $31,500

Reuters, which added the cryptocurrency rose by as much as 3.28 percent. According to crypto trading exchange CoinMarketCap, the current market capitalization of bitcoin rose by 2.2 percent at $610,122,773,744.

06.07 / 09:53

UPS Target Reuters Diodes Beijing's curbs on niche metal exports threaten China supply glut

BEIJING (Reuters) — China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing on domestic prices even as overseas prices of the thinly traded minerals jumped this week.

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