Today: May 08, 2024
Today: May 08, 2024

Technology

TikTok sues US to block law that could ban the social media platform

TikTok and its Chinese parent company, ByteDance, are suing the U.S. government over a law that would ban the popular video-sharing app unless it’s sold to an approved buyer

TikTok sues US to block law that could ban the social media platform

Oil settles lower as U.S. business activity cools, concerns over Middle East ease

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Wednesday as worries over conflict in the Middle East eased and business activity in the United States slowed, although a fall in U.S. crude oil

Oil settles lower as U.S. business activity cools, concerns over Middle East ease

Morning Bid: Tesla catches break, Meta next; TikTok countdown

A look at the day ahead in U.S. and global markets from Mike Dolan Ailing Tesla shares caught a rare 10% break overnight despite the electric auto giant's quarterly revenue miss, underscoring a better

Morning Bid: Tesla catches break, Meta next; TikTok countdown

Silicon Valley and Hollywood worlds collide as David Ellison bids for Paramount

By Dawn Chmielewski (Reuters) - David Ellison, 41, would not be the first rich guy to arrive in Hollywood with a fat bank account and dreams of making movies, though the son of billionaire Oracle

Silicon Valley and Hollywood worlds collide as David Ellison bids for Paramount

Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro

Apple on Tuesday unveiled its next generation of iPad Pros and Airs — lineups that will boast faster processors, new sizes and a new display system

Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro

Greg Norman and Phil Mickelson make for an interesting week on LIV Golf

Brooks Koepka delivered the action on the course for LIV Golf

Greg Norman and Phil Mickelson make for an interesting week on LIV Golf

Apple unveils new AI-focused chip in upgraded iPad Pro

By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing as it rushes to catch up with its Big Tech rivals in a race to dominate

Apple unveils new AI-focused chip in upgraded iPad Pro

IAEA's Grossi seeks deal with Iran on nuclear steps 'soon'

By Francois Murphy and Parisa Hafezi VIENNA (Reuters) -Iran and the U.N. nuclear watchdog will continue talks aimed at ending an impasse on many issues between them and should strike a deal on a

IAEA's Grossi seeks deal with Iran on nuclear steps 'soon'

China's Zeekr to close $367.5 million New York IPO one day early, sources say

By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology Holding will close its New York initial public offering (IPO) bookbuilding to raise up to $367.5 million

China's Zeekr to close $367.5 million New York IPO one day early, sources say

Factbox-Chinese EV makers' plans to make cars in Europe

By CHERY and AUTO (Reuters) - Some Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they aim to ramp up sales in the region of lower costs cars to rival their

Factbox-Chinese EV makers' plans to make cars in Europe

Scientists are learning the basic building blocks of sperm whale language after years of effort

Scientists studying the sperm whales that live around the Caribbean island of Dominica have described for the first time the basic elements of how they might be talking to each other, in an effort that could one day help better protect them

Scientists are learning the basic building blocks of sperm whale language after years of effort

Embraer reaffirms 2024 outlook, says no plans for new narrowbody

By Gabriel Araujo SAO PAULO (Reuters) -Brazilian planemaker Embraer on Tuesday reaffirmed its full-year outlook after posting a smaller first-quarter net loss, while rebuffing speculation that it

Embraer reaffirms 2024 outlook, says no plans for new narrowbody

Ferrari shares decline as it sticks to full-year forecasts

By Giulio Piovaccari MILAN (Reuters) - Ferrari's core earnings rose 13% in the first quarter helped by sales of models such as the 2 million-euro ($2.2 million) Daytona SP3 limited-series luxury car

Ferrari shares decline as it sticks to full-year forecasts

US announces new restrictions on firearm exports

By David Shepardson WASHINGTON (Reuters) - The Biden administration is imposing new restrictions on firearms exports and increasing scrutiny on transactions to limit diversions of guns to drug cartels

US announces new restrictions on firearm exports

Future pandemics will have the same human causes as ancient outbreaks − lessons from anthropology can help prevent them

Human factors − such as how people produce food and how they organize themselves and live together − influence disease outbreaks.

Future pandemics will have the same human causes as ancient outbreaks − lessons from anthropology can help prevent them

Atos says it will need more cash than expected

By Diana Mandia (Reuters) -Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt

Atos says it will need more cash than expected

Instacart partners with Uber Eats to offer restaurant deliveries

Instacart is partnering with Uber Eats to offer restaurant deliveries to its customers

Instacart partners with Uber Eats to offer restaurant deliveries

Morning bid: Risk asset resilience, Indonesia's rate call

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets.

Morning bid: Risk asset resilience, Indonesia's rate call

Private equity firms consider potential Peloton buyout, CNBC reports

(Reuters) -A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of

Private equity firms consider potential Peloton buyout, CNBC reports

GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery

(Reuters) - GlobalFoundries forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand for semiconductors after a years-long slump that was caused by surplus

GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery

Australian budget to target housing woes with more construction workers

SYDNEY (Reuters) - The Australian government will boost the number of skilled workers in the housing sector in next week's national budget, spending A$90.6 million ($59.76 million) on free training

Australian budget to target housing woes with more construction workers

PepsiCo's results beat as international demand, higher prices drive growth

By Ananya Mariam Rajesh (Reuters) -PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday as demand for its sodas and snacks like Cheetos and Doritos in international

PepsiCo's results beat as international demand, higher prices drive growth

Kimberly-Clark lifts annual forecasts fueled by robust demand, higher prices

(Reuters) -Kimberly-Clark raised 2024 sales and profit forecasts on Tuesday after it topped quarterly expectations, banking on higher pricing and steady demand for its premium personal care and

Kimberly-Clark lifts annual forecasts fueled by robust demand, higher prices

Weakness in Europe drives down Daimler Truck shares

By Louis van Boxel-Woolf and Isabel Demetz (Reuters) -Daimler Truck shares fell as much as 6.5% on Friday as the German truck and busmaker highlighted weakness in its European market after reporting

Weakness in Europe drives down Daimler Truck shares

Novo Nordisk drops 5% after rival Amgen teases weight-loss drug data

(Reuters) - Shares in Danish drugmaker Novo Nordisk dropped as much as 5.3% on Friday, set for their biggest one-day fall since August 2022, after rival Amgen said it was encouraged by interim trial

Novo Nordisk drops 5% after rival Amgen teases weight-loss drug data
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