By Stephen Nellis and Arsheeya Bajwa SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast fiscal first-quarter sales and profit…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
US economic resilience lifts spirits
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and…
US motor vehicle sales drop in October as EV subsidies expire
By Lucia Mutikani WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies…
China dismisses Taiwan safety concerns about hosting APEC next year
By Ryan Woo and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s foreign ministry has dismissed safety concerns raised by Taiwan about its…
Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
(Reuters) -Apple is preparing to launch a budget Mac in the first half of next year, entering the low-cost laptop market…
U.S. bank regulator looking to ensure big banks have scrapped ‘debanking’ policies
NEW YORK (Reuters) -A senior U.S. bank regulator said Tuesday that he is looking to ensure that large banks have…
Exxon explores more refinery upgrades as it hones in on higher-value products
By Sheila Dang HOUSTON (Reuters) -After starting up operations at four new refining and chemicals initiatives this year, Exxon Mobil…
Microsoft to invest over $15 billion in UAE, secures US export licenses for Nvidia chips
By Federico Maccioni ABU DHABI (Reuters) -Microsoft will invest over $15 billion in the United Arab Emirates in the seven…
Google owner Alphabet to tap US dollar, euro bond markets
By Matt Tracy WASHINGTON (Reuters) -Google owner Alphabet is tapping the U.S. dollar and euro debt markets in a multi-tranche…