Category Archives:
OVHcloud cuts forecast for revenue growth
(Reuters) - French cloud services provider OVHcloud on Wednesday trimmed its forecast for full-year revenue growth, citing the macroeconomic context and delays in certain projects. The company now see...
Apr 19, 2023
ASML reports better than expected first quarter sales, profit -statement
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported first quarter earnings of 1.96 billion euros ($2.15 billion) on revenues of 6.74 billion euros, bes...
Apr 19, 2023
Analysis-Banking crisis scars struggling U.S. real estate stocks
By Lewis Krauskopf NEW YORK (Reuters) - U.S. real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already hit by...
Apr 19, 2023
Analysis-Europe’s strikes could spell more flights havoc into summer
By Joanna Plucinska LONDON (Reuters) - Strikes across Europe have led to a spike in flight cancellations, delays and driven down bookings to cities like Paris, data from travel firms show, despite eff...
Apr 19, 2023
Marketmind: Sterling’s inflation test
A look at the day ahead in European and global markets from Tom Westbrook Traders are scaling back bets on U.S. rate cuts, but dialling up expectations for British hikes. On Tuesday, it was bigger-tha...
Apr 18, 2023
China says drafting plans to boost recovery, expansion of consumption
BEIJING (Reuters) - China is formulating plans to boost the recovery and expansion of consumption, the state planner's spokesperson Meng Wei said on Wednesday, signaling officials are worried about we...
Apr 18, 2023
Tesla cuts US prices ahead of earnings report
(Reuters) - Tesla Inc late on Tuesday further slashed the U.S. prices of some of its Model 3 and Model Y electric vehicles, according to its website. The prices of both the Model Y Long Range and Perf...
Apr 18, 2023
Salvadoran lawmakers pass tech tax cut, including for AI businesses
SAN SALVADOR (Reuters) - El Salvador's ruling party lawmakers approved late Tuesday a bill to eliminate for 15 years taxes on companies developing artificial intelligence (AI) and other computer progr...
Apr 18, 2023
Chinese tourists are back, but numbers still far from pre-COVID levels
By Joe Cash and Pasit Kongkunakornkul BEIJING/BANGKOK (Reuters) - Bookings in China for trips abroad during the upcoming May Day holiday point to a continued recovery in travel to Asian countries, but...
Apr 18, 2023
Indian taxi startup BluSmart picks EV fight with Uber
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet a...
Apr 18, 2023
Peoria, IL, USA
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