Amazon launches low-cost ecommerce service in US to challenge Temu
(Reuters) – Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them…
Business
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs…
Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
(Reuters) – Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los…
FAA bars US airlines from Haiti after gunfire hits planes
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration said on Tuesday it will bar U.S. airlines from operating…
Exclusive-Toyota aims to ramp up China production in a strategy pivot, sources say
By Maki Shiraki TOKYO (Reuters) – Toyota aims to make at least 2.5 million vehicles a year in China by…
Bitcoin rises above $80,000 for first time
(Reuters) -Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump’s decisive…
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
AMSTERDAM (Reuters) – Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and…
ASML hit with global IT outage that was resolved
(Reuters) – Computer chip equipment maker ASML had a global IT systems outage on Friday, which has been resolved, a…
Qualcomm advances on smartphone market revival, Chinese handset launches
(Reuters) -Qualcomm shares rose 4% on Thursday after the chip designer’s strong quarterly revenue forecast fanned investor optimism about a…
Gold ETF demand turns positive for year-to-date, says WGC
(Reuters) – Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows…