Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ mobile chief said Samsung is “going in the right direction” in China,…
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U.S. stocks close little changed as Fed leaves door open
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – U.S. stocks ended Wednesday little changed following a Federal Reserve rate…
Mattel expects Barbie bounceback to spark toy sales
By Savyata Mishra (Reuters) -Mattel is banking on the box office success of the “Barbie” movie to help drive doll…
U.S. Trucking firm Yellow prepares for bankruptcy – WSJ
(Reuters) – U.S. trucking firm Yellow is preparing to file for bankruptcy, the Wall Street Journal reported on Wednesday, as…
Brazil’s postal service inks deal with Shopee to sell products to Asia
(Reuters) – Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to…
Lam Research sales forecast beats estimates on AI boom
By Akash Sriram and Max A. Cherney (Reuters) -Chip-making tools supplier Lam Research forecast quarterly revenue above Wall Street estimates, as…
Greece wildfires erupt on mainland, killing two people
By Karolina Tagaris and Alexandros Avramidis VOLOS, Greece (Reuters) -Wildfires that have been supercharged by strong winds and temperatures exceeding…
L3Harris says deal for Aerojet gets go-ahead from U.S. regulator
(Reuters) – Aerospace and defense company L3Harris Technologies on Wednesday said it was informed that the U.S. Federal Trade Commission…
Airlines brace for hit from Pratt & Whitney’s new engine problem
By Rajesh Kumar Singh and Tim Hepher CHICAGO/PARIS (Reuters) – Airline executives are fuming about the prospect of grounding planes…
Western Union raises annual profit view on strong growth in C2C service
(Reuters) – Western Union Co raised its annual profit forecast on Wednesday after an upbeat second quarter in which transactions…