Category Archives:
FedEx dives after quarterly profit miss, annual revenue forecast cut
(Reuters) - Shares of FedEx fell about 10% in trading before the bell on Wednesday, a day after the parcel delivery firm missed expectations for quarterly profit and trimmed its revenue forecast for t...
Dec 20, 2023
Overseas aid big loser in German austerity drive, development groups say
BERLIN (Reuters) - Overseas aid is a big loser in the German budget deal, development agencies have said, after the government agreed to spend almost a billion euros less on development assistance as ...
Dec 20, 2023
Honda to recall over 100,000 hybrid vehicles – NHTSA
(Reuters) - Honda Motor Co's American unit is recalling about 106,030 CR-V hybrid vehicles due to the risk of fire or injury in a crash caused by an overheated battery cable or short circuit, the Nati...
Dec 20, 2023
Austrian regulator seeks review of MFE stake in ProSiebenSat.1
BERLIN (Reuters) - Austrian regulator BWB has requested that the cartel court review an increase in MediaForEurope's stake in ProSiebenSat.1, which the agency said on Wednesday would amount to de-fact...
Dec 20, 2023
EU targets Pornhub, XVideos under new content rules
STOCKHOLM (Reuters) -The European Union added three adult content companies - Pornhub, Stripchat and XVideos - to its list of firms subject to stringent regulations under new online content rules, the...
Dec 20, 2023
Egypt faces painful choices after Sisi’s re-election
By Patrick Werr CAIRO (Reuters) - A steady deterioration of the economy puts Egypt under pressure to take long-awaited measures following a presidential election, foremost among them a currency devalu...
Dec 20, 2023
Philippines’ Marcos signs into law record $103 billion budget for 2024
MANILA (Reuters) - Philippines President Ferdinand Marcos Jr has signed into law next year's record 5.768 trillion pesos ($103.36 billion) budget, which he said details his government's battle plan to...
Dec 20, 2023
AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case
LONDON (Reuters) - An American computer scientist on Wednesday lost his bid to register patents over inventions created by his artificial intelligence system, in a landmark case in Britain about wheth...
Dec 20, 2023
Biden looks to secure Black support in visit to Wisconsin
By Steve Holland WASHINGTON (Reuters) - U.S. President Joe Biden will announce a Black-owned business coalition could win funding to revive downtown Milwaukee on a visit to Wisconsin on Wednesday, as ...
Dec 20, 2023
Goldman Sachs brings forward BoE rate-cut view to May
(Reuters) - Goldman Sachs on Wednesday advanced its expectation on the timing of interest-rate cut by the Bank of England to May from June, while maintaining the size of cut at 25 basis points per mee...
Dec 20, 2023
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