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Amazon sees cloud slowdown in April, shares erase gains

BY Reuters  • April 28, 2023April 28, 2023
By Akash Sriram, Jeffrey Dastin and Arriana McLymore (Reuters) -Amazon.com Inc signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and c[...]
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Business Economy NEWSLETTER Technology Top News Updated

Domino’s Pizza warns of challenging delivery business, shares fall

BY Reuters  • April 27, 2023April 27, 2023
By Ananya Mariam Rajesh (Reuters) -Domino’s Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the com[...]
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Business Economy NEWSLETTER Updated US

First Republic plumbs new lows, options dwindle

BY Reuters  • April 26, 2023April 26, 2023
By Nupur Anand, Saeed Azhar and Niket Nishant (Reuters) -First Republic Bank’s market value plunged again on Wednesday as investors waited to see if it would be able to find buyers for assets an[...]
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Business Economy NEWSLETTER Updated US

Factbox-US banks hit by deposit flight as clients seek higher returns

BY Reuters  • April 26, 2023April 26, 2023
(Reuters) – The closure of two U.S. regional banks in March shook investor confidence in the banking industry and drove spooked customers to seek refuge in “too-big-to-fail” institut[...]
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Business Economy NEWSLETTER Updated US

Is this solar panel American? Companies eyeing US subsidy await rules

BY Reuters  • April 24, 2023April 24, 2023
By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon re[...]
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Business Economy Environment NEWSLETTER Top News Updated US

US business activity rises to 11-month high in April – S&P Global survey

BY Reuters  • April 21, 2023April 21, 2023
WASHINGTON (Reuters) – U.S. business activity accelerated to an 11-month high in April, according to a survey on Friday, which was at odds with growing signs that the economy was in danger of sl[...]
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Business Economy NEWSLETTER US

Tesla tumbles as investors balk at Musk’s price-cutting spree

BY Reuters  • April 20, 2023April 20, 2023
By Aditya Soni and Noel Randewich (Reuters) – Tesla Inc’s stock tumbled nearly 10% on Thursday after CEO Elon Musk signaled the electric vehicle maker will keep cutting prices to drive up[...]
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Business Economy NEWSLETTER Technology Updated US

Stellantis recalls 131,700 Ram trucks over powertrain software issue – NHTSA

BY Reuters  • April 19, 2023April 19, 2023
(Reuters) – Stellantis will recall 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue, the National Highway Traffic Safety Administration’s (NHTSA) webs[...]
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Business Economy Europe NEWSLETTER

Nissan aims for 80% of model line-up to be electrified by 2030 – exec

BY Reuters  • April 18, 2023April 18, 2023
TOKYO (Reuters) – Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its line-up to be electrified by 2030 in China, chief operating officer Ashwani[...]
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