By Joe Cash and Antoni Slodkowski BEIJING (Reuters) -China’s President Xi Jinping will meet with American business leaders in Beijing on Wednesday, according to three sources with knowledge of t[...]
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March 26, 2024
Flutter forecasts 30% earnings jump in 2024 as US takes off
By Padraic Halpin DUBLIN (Reuters) -Flutter, the world’s largest online betting company, said on Tuesday it expects to increase its core profit by around 30% this year thanks to a four-fold rise[...]
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Tesla offers U.S. customers a month’s trial of its driver-assist technology
By Hyunjoo Jin and Jyoti Narayan (Reuters) -Electric carmaker Tesla will offer U.S. customers a month’s free trial of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk said on[...]
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Japan’s mixed inflation picture complicates BOJ rate hike path
By Leika Kihara TOKYO (Reuters) -Japan’s business-to-business service prices continued to rise steadily but a key measure of trend inflation slowed in February, painting a mixed picture on the p[...]
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Fevertree’s annual profit meets estimates on strong US performance
(Reuters) -British tonic maker Fevertree Drinks posted an annual profit in line with estimates, buoyed by a robust performance of its U.S. market and increased regional production to offset inflationa[...]
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Adam Neumann bids over $500 million to buy back WeWork, source says
(Reuters) -Adam Neumann has submitted a bid of more than $500 million to buy back WeWork, the office-sharing company he co-founded and propelled to a $47 billion valuation before it fell into bankrupt[...]
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Fisker deal talks with big automaker collapse, NYSE to delist stock
By Akash Sriram and Zaheer Kachwala (Reuters) -Cash-strapped Fisker’s talks with a large automaker for a potential deal have collapsed and the New York Stock Exchange plans to delist the electri[...]
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Japan says it won’t rule out any steps to prop up faltering yen
By Tetsushi Kajimoto TOKYO (Reuters) -Japan would not rule out any measures to rein in weakness in the yen, finance minister Shunichi Suzuki said in the latest warning against speculators as the natio[...]
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Analysis-Bank of Japan may be less dovish than markets think
By Leika Kihara TOKYO (Reuters) – The Bank of Japan has ditched its dovish forward guidance in favour of a more “data-dependent” approach to policy deliberations after ending negativ[...]
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