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Argentina to ask US appeals court to overturn $16.1 billion YPF judgment
By Jonathan Stempel NEW YORK (Reuters) -A U.S. appeals court will on Wednesday consider whether Argentina must pay investors $16.1 billion after seizing control of state-owned oil company YPF more tha...
Thomson Reuters 1h ago
Elon Musk's $1 trillion pay deal draws ire of labor unions, others as shareholder vote nears
By Ross Kerber (Reuters) - Tesla critics hope to block the stratospheric compensation proposed for CEO Elon Musk but face an uphill fight. Investors in the electric vehicle maker will decide on Novemb...
Thomson Reuters 1h ago
Adidas sees $140 million hit on operating profit from US tariffs
(Reuters) -Adidas expects U.S. import tariffs to have a direct impact of 120 million euros ($140 million) on its operating profit in 2025, with the largest hit coming in the fourth quarter, its CEO sa...
Thomson Reuters 1h ago
TE Connectivity forecasts upbeat quarterly profit on strong demand for AI products
By Anshuman Tripathy (Reuters) -TE Connectivity issued an upbeat first-quarter forecast on Wednesday, after beating Wall Street estimates for profit for the preceding three months, aided by strong dem...
Thomson Reuters 1h ago
Apple poised for iPhone sales boost on strong Pro demand
By Akash Sriram and Zaheer Kachwala (Reuters) -Apple's quarterly results on Thursday are expected to show the company can spark a strong iPhone upgrade cycle even without the flashy artificial intelli...
Thomson Reuters 1h ago
Millions face food aid cliff in US government shutdown standoff
By Bo Erickson and Leah Douglas WASHINGTON (Reuters) -Nearly 42 million people are set to lose food aid due to the second-longest U.S. government shutdown, as Democrats and Republicans in Congress con...
Thomson Reuters 1h ago
Analysis-Tech spending plans will test stock market's AI trade
By Lewis Krauskopf NEW YORK (Reuters) -Spending updates this week from U.S. megacap companies that are investing massively in artificial intelligence could jolt the AI trade that has been a primary dr...
Thomson Reuters 1h ago
Bank of Canada widely expected to trim rates as US trade war drags on
By Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada is almost certain to reduce its key policy rate to 2.25% on Wednesday, with President Donald Trump's latest threats of higher tariffs reinforci...
Thomson Reuters 1h ago
Altman touts trillion-dollar AI vision as OpenAI restructures to chase scale
By Deepa Seetharaman SAN FRANCISCO -Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a new technological revolution. OpenAI cou...
Thomson Reuters 1h ago
Nissan and Mercedes sound alarm over chip supply crisis
By Aditi Shah, Daniel Leussink and Rachel More TOKYO (Reuters) -Nissan Motor and Mercedes-Benz on Wednesday became the latest global automakers to sound the alarm about a deepening semiconductor suppl...
Thomson Reuters 1h ago
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