By Alvise Armellini and Elvira Pollina ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple Inc for alleged abuse of its dominant[...]
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May 11, 2023
Facebook owner Meta announces tests of generative AI ads tool
By Katie Paul and Sheila Dang NEW YORK (Reuters) – Social media giant Meta Platforms Inc joined the generative AI product race on Thursday, saying it would begin testing artificial intelligence-[...]
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Stocks, yields fall after data seen halting more Fed rate hikes
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance slid on Thursday after U.S. jobless claims and a modest rise in producer prices suggested a slowing[...]
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US permit crackdown poses new hurdles for proposed LNG projects – analysts
By Curtis Williams HOUSTON (Reuters) – The U.S. Department of Energy’s refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction[...]
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Beyond Meat tumbles to new low after seeking to raise $200 million
(Reuters) – Shares of Beyond Meat tumbled 18% to new lows on Thursday after the plant-based substitute meat seller said it would sell up to $200 million worth of new shares as it faces a shrinki[...]
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Brazil’s Petrobras to pay $5 billion in dividends, but hints at changes
SAO PAULO (Reuters) -Brazil’s state-run oil company Petrobras said on Thursday its board approved dividends later this year of about 24.7 billion reais ($4.94 billion), but also hinted at future[...]
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Dollar stronger as market rethinks monetary policy outlook
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Thursday and set a more than one-week high against a basket of its major peers as traders sought safe[...]
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ECB’s de Guindos singles out services as top inflation worry
By Joan Faus BARCELONA (Reuters) – European Central Bank Vice President Luis de Guindos on Thursday singled out the rising price of services as his top concern in the ECB’s fight against i[...]
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Oil falls 2% on weak US and Chinese economic data
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a one-week low on Thursday as a political standoff over the U.S. debt ceiling stoked recession jitters in the world’s biggest oi[...]
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