Saudi Arabia Sets Up Investment Promotion Agency
DUBAI (Reuters) – Saudi Arabia has set up an agency to promote investment in the country, a key goal of…
Headlines
Italy’s Communication Authority Fines Google Over Gambling Advertising
MILAN (Reuters) – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet,…
HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) – A day after rebuffing a break-up plan by its top…
Marathon Petroleum Posts Bumper Profit On Soaring Fuel Prices
(Reuters) – Marathon Petroleum smashed quarterly profit estimates on Tuesday, the latest U.S. refiner to benefit from a surge in…
Caterpillar posts second-quarter earnings of $1.67 billion.
DEERFIELD, Ill. (AP) — Caterpillar had a strong second quarter and topped most profit expectations, though margins slipped. The manufacturer…
US ambassador to Japan warns of Chinese economic coercion
TOKYO (AP) — The United States is working with Japan and other likeminded countries to counter China’s efforts to use…
Japan truckmaker Hino says emissions data faked for 20 years
TOKYO (AP) — Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions data dating back…
Uber’s stock surges on positive trends despite big Q2 loss
Uber’s effort to meld its pioneering ride-hailing service with food and freight delivery showed progress during the past quarter even…
BP Boosts Dividend After Profit Hits 14-year High
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP’s second quarter profit soared to $8.45 billion, its highest in…
Schiphol Airport Says Passenger Caps To Continue Through October
AMSTERDAM (Reuters) -Amsterdam’s Schiphol Airport said on Tuesday that passenger caps introduced for the summer season to cope with long…