PARIS (Reuters) – Russia-born billionaire and Telegram owner Pavel Durov was still being detained for questioning by French police on Monday, local news channel franceinfo reported, after he was[...]
Read moreAugust 26, 2024
Meyer Burger halts solar plant in Colorado, plans restructuring
ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it announced restructuring measures and suggested profitability would be lower[...]
Read moreChina robots conference spotlights the changing face of humanoids
By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) – As China seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot confer[...]
Read moreWoodside Energy earnings set to dip as investors eye strategic deals
By Archishma Iyer and Rajasik Mukherjee (Reuters) – Woodside Energy, Australia’s top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors foc[...]
Read moreAnalysis-Darkening global outlook, central bank pivots signal more turbulence
By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global[...]
Read moreWhat went wrong for Nestle CEO Mark Schneider
By Richa Naidu LONDON (Reuters) – Mark Schneider, Nestle’s recently ousted CEO, steered the world’s biggest food maker through the COVID-19 pandemic, grew margins despite a subsequen[...]
Read moreMorning Bid: Markets reassured by the Powell put
A look at the day ahead in European and global markets from Wayne Cole. Asia has seen an extension of the Powell rally so far on Monday with yields and the dollar down, and most stocks edging higher.[...]
Read moreFactbox-Who is Pavel Durov, CEO of messaging app Telegram?
(Reuters) -Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unidentified so[...]
Read moreWoolworths and Coles FY24 earnings to show challenging outlook for supermarkets
By John Biju and Sneha Kumar (Reuters) – Earnings of Australia’s top supermarket chains are likely to show constricted spending presenting a challenging outlook for Woolworths and Coles, a[...]
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