Today: May 19, 2024
Today: May 19, 2024

Economy

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

By Nupur Anand NEW YORK (Reuters) -With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

Markets upbeat ahead of China data dump

A look at the day ahead in Asian markets.

Markets upbeat ahead of China data dump

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Dow tops 40,000, Biden trolls Trump in split-screen video

The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S.

Dow tops 40,000, Biden trolls Trump in split-screen video

Cisco rises as networking equipment demand rebound takes root

Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $

Cisco rises as networking equipment demand rebound takes root

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

The Dow's climb to a record 40,000 points

The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as

The Dow's climb to a record 40,000 points

Malaysia's economy grows faster than expected, inflation risks cloud outlook

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though

Malaysia's economy grows faster than expected, inflation risks cloud outlook

Oil gains 1% on hopes of firmer demand

Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the

Oil gains 1% on hopes of firmer demand

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative

Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze, document says

China's factories fire up but consumer slump persists

By Joe Cash and Ellen Zhang BEIJING (Reuters) -China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector

China's factories fire up but consumer slump persists

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden, providing a breather to the embattled Chinese

Chinese property developer Country Garden's Hong Kong liquidation hearing adjourned

China's economy to improve further, stats bureau says

China's economic improvement will be further consolidated and strengthened as macro policies take effect, Liu Aihua, a spokesperson of the National Bureau of Statistics, said on

China's economy to improve further, stats bureau says

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

(This May 16 story has been refiled to amend quotes to clarify that SoftBank was referring to workers and customers in general, not necessarily its own, in paragraphs 3 and 4) TOKYO (Reuters) -

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia

Russian President Vladimir Putin is concluding a two-day visit to China by emphasizing the countries' strategic ties as well as his own personal relationship with Chinese leader Xi Jinping as they seek to present an alternative to U.S. global influence

Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia

Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States

Taiwan is selling more to the US than China in major shift away from Beijing

South Sudan government and rebel groups sign 'commitment' for peace in ongoing peace talks in Kenya

The government of South Sudan and rebel opposition groups have signed a “commitment declaration” for peace during high-level mediation talks in Kenya, described as key step in efforts to end the conflict in South Sudan that has long crippled its economy

South Sudan government and rebel groups sign 'commitment' for peace in ongoing peace talks in Kenya

Psychedelic therapy and workers' rights bills fail to advance in California's tough budget year

California lawmakers on Thursday voted to keep hundreds of bills from advancing for a floor vote during a tough budget year

Psychedelic therapy and workers' rights bills fail to advance in California's tough budget year

What to know about how much the aid from a US pier project will help Gaza

A U.S.-built pier is in place to bring humanitarian aid to Gaza by sea, but no one will know if the new route will work until a steady stream of deliveries begins reaching starving Palestinians

What to know about how much the aid from a US pier project will help Gaza

Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data

The Environmental Protection Agency watchdog says the agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified data

Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

McDonald’s is planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

US Lawmakers seek $32 billion to keep American AI ahead of China

By David Shepardson and Alexandra Alper WASHINGTON (Reuters) -A bipartisan group of senators, including Majority Leader Chuck Schumer, on Wednesday called on Congress to approve $32 billion in funding

US Lawmakers seek $32 billion to keep American AI ahead of China

Anglo American has sought fertiliser partners for months, says CEO

Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told

Anglo American has sought fertiliser partners for months, says CEO

Fed remains cautious on cuts even as data improves

By Howard Schneider WASHINGTON (Reuters) -Data this week offered the U.S.

Fed remains cautious on cuts even as data improves
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