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(Reuters) - CarMax on Thursday posted a lower quarterly profit amid tepid demand for preowned vehicles. Used-vehicle demand, which was strong during the pandemic, has tapered off from those levels as ...

By Brian Benza GABORONE (Reuters) - Canada's Lucara Diamond said on Thursday it had ended its gem sales agreement with HB Trading BV, a unit of HB Antwerp, in a move that could affect a deal between t...

FRANKFURT (Reuters) - The European Central Bank is looking at how artificial intelligence could help improve its understanding of inflation after underestimating price pressures for years and delaying...

(Reuters) -IT services firm Accenture forecast first-quarter revenue below Wall Street targets on Thursday, as a tough economy forces clients to defer projects and scale down the scope of deals. The U...

(Reuters) - Germany last week became the latest European country to propose restrictions or bans on the use of equipment made by China's Huawei and ZTE, citing security concerns. The European Union's ...

A look at the day ahead in U.S. and global markets by Mike Dolan A crude oil price spike to the highest of the year delivered a final blow to an ailing third-quarter for world markets and left forlorn...

(Reuters) -GameStop on Thursday named Ryan Cohen as its CEO and chairman, giving the billionaire activist investor more power to spearhead a turnaround of the video game retailer. Cohen will relinquis...

(Corrects time of Jerome Powell's remarks to 4 p.m. ET in paragraph 11) (Reuters) -U.S. stock index futures slipped on Thursday as soaring oil prices cemented the prospects for a prolonged restrictive...

DAR ES SALAAM (Reuters) - Maintenance issues and climate change-induced water shortages have caused a 400-megawatt electricity shortfall in Tanzania, triggering power rationing across the East African...

By Luc Cohen NEW YORK (Reuters) - In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge fund called Alameda Re...