By Gertrude Chavez-Dreyfuss, Brigid Riley and Sruthi Shankar NEW YORK/TOKYO/BENGALARU (Reuters) -The U.S. dollar rebounded on Wednesday due to month-end buying after recent declines that pushed it to[...]
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Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale
(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the conglomerate continues to[...]
Read moreUS says Bioceres genetically modified wheat safe to grow
By Tom Polansek and Julie Ingwersen CHICAGO (Reuters) -A type of genetically modified wheat developed by Argentina’s Bioceres Crop Solutions may be safely grown in the United States, the U.S. De[...]
Read moreKohl’s banks on cost controls, leaner inventories to lift profit target
By Juveria Tabassum (Reuters) -Kohl’s topped quarterly profit estimates and raised its annual forecast on Wednesday, as the department store operator leans on lower costs and slimmer inventories[...]
Read moreChinese hackers exploited bug to compromise internet companies, cybersecurity firm says
By Raphael Satter WASHINGTON (Reuters) -A Chinese hacking group exploited a software bug to compromise several internet companies in the United States and abroad, a cybersecurity firm said on Tuesday.[...]
Read moreAbercrombie & Fitch lifts sales forecast on trendy apparel demand; lofty expectations hit shares
By Aatrayee Chatterjee (Reuters) -Abercrombie & Fitch raised its annual sales target on Wednesday after reporting better-than-expected quarterly revenue, but shares of the company fell 14% as inve[...]
Read moreFactbox-Top streaming platforms in content-hungry India
BENGALURU (Reuters) -Apple signed a content deal with Indian telecoms operator Bharti Airtel late on Tuesday in its push for a larger slice of the country’s $28 billion entertainment market. Her[...]
Read moreChinese EV maker BYD boosts net profit despite discounts
BEIJING (Reuters) -Chinese electric vehicle maker BYD reported improved net profits in the second quarter thanks to its extended market leadership, even though it led a protracted price war with aggre[...]
Read moreReactions to China’s anti-subsidy probe on EU dairy imports
BEIJING/LONDON (Reuters) -China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc’s revised tariff plan for China-made electric vehicles. Wed[...]
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