Category Archives:
Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang (Reuters) -Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectation...
Thomson Reuters 9h ago
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
LONDON (Reuters) -U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, following sharp criticism of Powell's performance by U.S. Presid...
Thomson Reuters 9h ago
Ralph Lauren lifts annual revenue view on demand from affluent shoppers
(Reuters) -Ralph Lauren raised its annual revenue forecast on Thursday, signaling robust demand from affluent shoppers for its Polo shirts and cable-knit sweaters in North America, Europe and Asia. Sh...
Thomson Reuters 9h ago
Zimmer Biomet raises annual profit forecast on strong demand for medical devices
(Reuters) -Zimmer Biomet Holdings raised its full-year adjusted profit forecast and beat second-quarter earnings expectations on Thursday, bolstered by accelerating demand for its hip and knee implant...
Thomson Reuters 9h ago
Bank of England policymakers speak on rate cut following narrow vote
LONDON (Reuters) -The Bank of England cut interest rates to 4% from 4.25% on Thursday but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold. Here's ...
Thomson Reuters 9h ago
Duolingo surges as AI-led growth, forecast raise boost investor confidence
By Akash Sriram (Reuters) -Duolingo shares surged nearly 30% before the bell on Thursday, after its annual forecast increase buoyed investor confidence in its ability to drive user growth through AI f...
Thomson Reuters 9h ago
Deutsche Telekom partnering with Nvida, Brookfield on AI data centre -CEO
(Reuters) -Deutsche Telekom is partnering with Nvidia and Canadian private equity fund Brookfield in a bid to build one of the EU's AI "gigafactories" in North Rhine-Westphalia, Germany, its chief exe...
Thomson Reuters 9h ago
Trump calls on 'highly conflicted' Intel CEO to resign over China ties
By Aditya Soni (Reuters) -U.S. President Donald Trump on Thursday demanded the immediate resignation of Intel's new CEO, Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms an...
Thomson Reuters 9h ago
BoE's Bailey says consumers have been more cautious than expected
LONDON (Reuters) -Bank of England Governor Andrew Bailey said consumers have been more cautious than policymakers had expected, speaking after the bank cut interest rates to 4% from 4.25% on Thursday....
Thomson Reuters 9h ago
Danish drugmakers jump as Eli Lilly's weight-loss pill data disappoints
By Jesus Calero and Elviira Luoma (Reuters) -Shares in Novo Nordisk rose as much as 14% on Thursday after trial data from Eli Lilly's experimental weight-loss pill fell short of expectations, boosting...
Thomson Reuters 9h ago

Peoria, IL, USA
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