By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world[...]
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April 21, 2023
Italy’s antitrust authority moves against Meta in music rights case
MILAN (Reuters) – Italy’s antitrust authority said on Friday it had taken measures against Meta Platforms over allegations it abused its position in the country, part of an investigation o[...]
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Ford defeats class action appeal over F-150, Ranger trucks’ fuel economy
By Jonathan Stempel (Reuters) – Ford Motor Co on Friday defeated an appeal by consumers who said the automaker cheated on fuel economy tests for its F-150 and Ranger trucks, allowing it to infla[...]
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Analysis-Bearish fundamentals, buoyant charts complicate outlook for US stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – As U.S. stocks test the top of a range that has held for months, two widely used analytical styles appear to be painting conflicting scenarios for where[...]
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SAP to embed ChatGPT in products as quarterly revenue beats estimates
By Andrey Sychev and Supantha Mukherjee (Reuters) – Business software maker SAP on Friday reported first-quarter revenue above analysts’ expectations, backed by growth in its cloud busines[...]
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Tech earnings to test markets’ ‘most crowded’ trade
By David Randall NEW YORK (Reuters) – A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine[...]
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Former investor questions Barclays vetting of ex-CEO over Epstein
LONDON (Reuters) – Former Barclays investor Edward Bramson on Friday questioned how the British bank and its chairman Nigel Higgins vetted its ex-CEO Jes Staley over his earlier business ties to[...]
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Amazon rallies after research firm predicts upbeat retail sales
By Noel Randewich and Akash Sriram (Reuters) – Amazon’s stock rallied to its highest in more than two months on Friday after a research firm predicted the online heavyweight’s retail[...]
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BlackRock CEO Larry Fink sells 7% of his stake
(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million. The sale was disclosed in a filing[...]
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