By Alban Kacher and Forrest Crellin (Reuters) – Energy major Exxon Mobil can move ahead with a plan to cut…
Levi Strauss shares fall on sluggish holiday quarter forecast
(Reuters) – Levi Strauss’ shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue…
Gold rally cripples physical demand in key markets
By Anjana Anil and Polina Devitt BENGALURU/LONDON (Reuters) – Physical demand for gold across key markets has tumbled as prices…
Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…
Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) -Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial…
StandardAero valued at $10.4 billion as shares jump in NYSE debut
By Niket Nishant (Reuters) -Carlyle-backed StandardAero racked up a $10.38 billion valuation after its shares opened 29% above the offer…
AT&T sells stake in DirecTV to TPG for $7.6 billion
(Reuters) -AT&T said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity…
US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
NEW YORK (Reuters) -U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for…
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
By Akash Sriram and Abhirup Roy (Reuters) – Tesla is expected to report an 8% jump in third-quarter deliveries of…
Powell reveals little on size of next rate cut
(Reuters) – The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to…