Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source
By Sinead Cruise and Lawrence White LONDON (Reuters) -Barclays is working on plans to save up to 1 billion pounds…
2023
Volume of Apple sales underperforms Huawei, Xiaomi on China’s Singles Day – data
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple saw a decline in the number of smartphones sold during China’s…
Exclusive-OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say
By Anna Tong, Jeffrey Dastin and Krystal Hu (Reuters) -Ahead of OpenAI CEO Sam Altman’s four days in exile, several…
A Thanksgiving tradition returns: busy roads, crowded airports
By Daniel Trotta and Allison Lampert (Reuters) -Millions of Americans crowded into airports or hit the road on Wednesday ahead…
Oil edges lower in choppy trade as OPEC+ delays meeting
By Nicole Jao NEW YORK (Reuters) – Oil prices fell nearly 1% in a volatile session on Wednesday as OPEC+…
Big investors say US markets rally could prove short-lived
By Carolina Mandl, Svea Herbst-Bayliss and David Randall NEW YORK (Reuters) -The recent rally that has lifted U.S. stocks and…
Broadcom closes $69 billion VMware deal after China approval
By Harshita Mary Varghese (Reuters) – Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving…
Putin says we must think how to stop ‘the tragedy’ of war in Ukraine
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -Russian President Vladimir Putin told the leaders of the Group of Twenty…
Barclays forecasts Fed to stand pat on rates in January
By Subhadeep Chakravarty (Reuters) -Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates…
Walmart bets on parcel stations for quick deliveries to propel holiday sales
(Reuters) -Retail bellwether Walmart on Tuesday said it would be adding parcel stations to its stores as it looks to…