Airbnb tumbles as forecast hints at easing U.S. travel demand
(Reuters) -Airbnb’s shares slid 12% on Wednesday after the top vacation rental firm issued a gloomy second-quarter forecast and signaled…
Economy
Traders bet on end to Fed rate hikes after April inflation data
(Reuters) -An April inflation reading on Wednesday that was more benign than expected disrupted the modest momentum that had been…
Toyota targets 10% profit jump, robust EV sales as chip woes recede
By Daniel Leussink TOKYO (Reuters) -Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business…
No quick deal in sight as EU countries start talks on new Russia sanctions
By Gabriela Baczynska BRUSSELS (Reuters) -European Union states were holding a first discussion on Wednesday on proposed new sanctions over…
Musk says Twitter to soon allow calls, encrypted messaging
(Reuters) – Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted…
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve’s willingness to end…
Grocer Ahold sees Europe’s food inflation slowing
By Helen Reid (Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of…
Britain set to ban Russia’s Wagner Group – The Times
(Reuters) -Britain is set to formally classify Russian mercenary force Wagner Group as a terrorist organisation as a way of…
Australia exports first copper to China since 2020, industry hopes end to ban near
By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) – Australia exported roughly $40 million worth of copper ore…
Pakistan rupee, bonds fall to new low after Imran Khan arrest
KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 1.3% to a record low of 288.5 against the U.S. dollar on Wednesday,…