Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Cola Yao earns 40% less than last year promoting credit…
July 27, 2023
Explainer-How the military coup in Niger threatens stability in West Africa
By Nellie Peyton (Reuters) – Niger’s regional and international partners are scrambling to respond to a military coup which political…
Intel turns unexpected profit, higher forecast as PC market slide slows
By Max A. Cherney, Chavi Mehta and Stephen Nellis (Reuters) -Chipmaker Intel on Thursday posted a surprise quarterly profit as…
American Airlines pilots reach deal to match gains at rival United
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ pilots union on Thursday said it has reached an agreement in principle…
Cadbury-maker Mondelez raises annual forecasts boosted by strong demand
(Reuters) -Mondelez International on Thursday raised its full-year growth forecasts for the second time this year, helped by robust demand…
Wall Street closes down, Dow snaps longest winning streak since 1987
By Carolina Mandl and Herbert Lash (Reuters) – U.S. stocks ended lower on Thursday after news that the Bank of…
U.S. orders antiviral drugs worth $138 million from SIGA Tech
(Reuters) – SIGA Technologies Inc on Thursday said it has won a new contract for its antiviral drug, Tpoxx, from…
US Justice Dept investigating Memphis police for civil rights violations
By Jonathan Allen (Reuters) -The U.S. Department of Justice’s Civil Rights Division has opened an investigation into whether the Memphis…
Roku shares surge as better ad spending powers upbeat revenue forecast
(Reuters) -Roku forecast upbeat third-quarter revenue and posted market-beating results for the second quarter on improved ad sales, sending the…
Ford slows EV ramp as Q2 commercial vehicle profit booms
By Joseph White, Paul Lienert and Nathan Gomes (Reuters) -Ford Motor Chief Executive Jim Farley on Thursday outlined a significant…