Aston Martin aims to hit adjusted profit, revenue targets by 2024-25, says FT
(Reuters) -Aston Martin Lagonda has forecast it would hit targets of 500 million pounds ($635.85 million) in adjusted profit and…
Economy
Investors overly optimistic on speed, cost of taming inflation, says IMF
SINTRA, Portugal (Reuters) – The world’s top central banks may need longer to get inflation back down to target and…
US House panel critical of Twitter probe to question FTC chair at July 13 hearing
By David Shepardson WASHINGTON (Reuters) -U.S. Federal Trade Commission Chair Lina Khan is set to testify on July 13 before…
Oil prices inch higher after political turmoil in Russia
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…
KPMG to cut 5% of US jobs in fresh round of layoffs
(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with…
Bank of England to take Bank Rate to 5.50% over next two meetings: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs 50 basis points higher than was…
Stellantis getting help from dealers to deliver cars in Italy
MILAN (Reuters) – Stellantis has reached a deal with Italian dealers to help the carmaker deliver vehicles at a time…
Amazon cloud unit to invest nearly $8 billion in Ohio
(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations,…
Meta launches Quest+ subscription for VR headsets
(Reuters) – Meta Platforms on Monday launched Meta Quest+, a subscription-based service for its virtual reality (VR) headsets to shape…
Heathcare stocks weigh on STOXX 600, defence stocks slide
By Amruta Khandekar and Siddarth S (Reuters) -European shares inched lower on Monday, led by healthcare, while defence stocks fell…