Factbox-Chinese EV makers set sights on European production
(Reuters) -Some Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they aim to ramp…
Gold set for best week in five on renewed US rate-cut hopes
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent…
US warning on arms supplies prompts Israeli defiance, doubts
By James Mackenzie JERUSALEM (Reuters) – U.S. President Joe Biden’s announcement that he would withhold arms supplies if Israel went…
Robinhood makes headway beyond trading
By Niket Nishant and Manya Saini (Reuters) – Robinhood Markets’ suite of new products, including its credit card and futures…
Roblox forecast cut adds to videogame gloom, shares fall most in two years
By Zaheer Kachwala (Reuters) -Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame…
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
(This May 8 story has been corrected to clarify that nights and experiences booked rose to 133 million, not $133…
Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…
Microsoft to shut Africa development centre in Nigeria
LAGOS (Reuters) – Microsoft is closing down its Africa Development Centre in the continent’s most populous nation Nigeria, which will…
US paused Israel weapons shipment due to Rafah, US defense secretary says
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -President Joe Biden decided to hold back delivery of high payload munitions…
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday,…