BMW bets on a ‘Neue Klasse’ revival to catch Tesla
By Joseph White MUNICH (Reuters) – BMW is once again turning to the “Neue Klasse” brand – this time as…
Blackstone and Airbnb set to join S&P 500; shares climb
(Reuters) – Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the…
Disney, Charter rates dispute spills over to TVs as ESPN, ABC go dark
(Reuters) -Walt Disney and Charter Communications traded salvos over their unresolved distribution agreement after several channels including ESPN went dark…
Oil rises to highest in over seven months on supply worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Friday to their highest in over half a year and…
‘The boom is over’: Venezuelans lament end of brief dollarization boost
By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought…
Robinhood to buy back Bankman-Fried’s stake from US govt for $605.7 million
By Manya Saini and Hannah Lang (Reuters) -Robinhood said on Friday it had entered into a share repurchase agreement with…
US construction spending rises strongly in July on single-family housing
WASHINGTON (Reuters) – U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays…
Propelling Automotive Innovation: Qualcomm’s Drive Towards a Tech-Driven Future
Qualcomm Inc (NASDAQ:QCOM) is harnessing the capabilities of advanced artificial intelligence (AI) to amplify its presence in the automotive chip…
Factbox-What are global companies saying about China’s economy?
(Reuters) – United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become “uninvestible”,…
Salesforce rallies as profitability push pays off
By Aditya Soni (Reuters) -Salesforce rallied over 5% on Thursday after its strong earnings report showed that cost cuts were…