DUESSELDORF, Germany (Reuters) -Germany’s IG Metall union on Tuesday said it had preliminary talks with Carlyle on the investment firm taking a majority stake in Thyssenkrupp Marine Systems and[...]
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April 30, 2024
Google to pay up to $6 million to News Corp for new AI content, The Information reports
(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content and products, the Informati[...]
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Euro zone rebounds from recession as inflation steadies
By Philip Blenkinsop BRUSSELS (Reuters) – The euro zone economy rebounded in the first quarter from a mild recession as Germany returned to growth and expansion accelerated elsewhere, while infl[...]
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US consumer confidence deteriorates in April
WASHINGTON (Reuters) – U.S. consumer confidence deteriorated in April, falling to its lowest level in more than 1-1/2 years amid worries about the labor market and income, a survey showed on Tue[...]
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Stellantis shares tumble on cautious margin forecast for H1
MILAN (Reuters) -Stellantis sees weaker profitability through the whole first half of the year, with margins at the low end of its forecasts, its CFO said on Tuesday after the automaker reported falli[...]
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Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results as customers in the U.S. and international markets shell out more m[...]
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Hong Kong businesses shut shop as city struggles to revive post pandemic
By Jessie Pang, Joyce Zhou and Edward Cho HONG KONG (Reuters) – When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the tourist and shopping district of Mong Ko[...]
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Corning forecasts second-quarter core sales above estimates on steady carrier spending
(Reuters) – Specialty glass maker Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, banking on price increases and healthy demand for its fiber optic cables a[...]
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US home prices jump by most in nearly two years in February, FHFA says
(Reuters) – U.S. home prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday, reflecting the effects that lean home supply continue to have on[...]
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