Fed staff drop US recession forecast, Powell says
WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell said on Wednesday the central bank’s staff no longer forecasts a U.S….
2023
Waymo to focus on ride-hailing services, pushes back autonomous trucking efforts
(Reuters) – Alphabet Inc’s Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop…
Lebanon central bank chief defends record before leaving office
BEIRUT (Reuters) – Lebanon’s longtime central bank governor Riad Salameh defended his record on Wednesday in a televised interview just…
The Reality of AI Unveiled: A Closer Look at Microsoft Corp (NASDAQ:MSFT)
Welcome to today’s briefing, where we delve into the world of AI and its impact on the market. Please note…
Exciting Momentum for Canopy Growth Corporation (NASDAQ:CGC) Shares
The market is abuzz with enthusiasm as Canopy Growth Corporation (NASDAQ:CGC) shares exhibit a strong upward trend on this eventful…
Giuliani concedes statements were defamatory in Georgia election workers’ case
By Jacqueline Thomsen (Reuters) – Rudy Giuliani, onetime attorney for former U.S. President Donald Trump, admitted in a court filing…
Airbus posts higher profit, removes near-term output goal
By Tim Hepher PARIS (Reuters) -Europe’s Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed…
EBay’s higher investments weigh on profit forecast, shares fall
(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such…
Russian missiles target Ukrainian regions, commander says barrage repelled
KYIV (Reuters) -Russia targeted the regions of Kyiv, Khmelnytskiy and Kirovohrad in a second missile strike on Ukraine on Wednesday,…
South Korean manufacturers most optimistic in seven months -central bank survey
SEOUL (Reuters) – South Korean manufacturers’ business optimism in August hit its highest level in seven months, a central bank…