Category Archives:
Falling online prices point to U.S. goods deflation continuing
By Howard Schneider WASHINGTON (Reuters) - Prices for online goods in the United States fell 1% in January compared to the year before, the fifth consecutive monthly drop, according to new data that o...
Syndicated Content Feb 09, 2023
Anger over Turkey’s temporary Twitter block during quake rescue
By Daren Butler and Orhan Coskun ISTANBUL (Reuters) - Turkey's decision to block access to Twitter for about 12 hours from Wednesday afternoon to early Thursday as people scrambled to find loved ones ...
Syndicated Content Feb 09, 2023
Canopy Growth posts bigger quarterly loss, plans more layoffs
(Reuters) - Pot producer Canopy Growth Corp posted a bigger third-quarter core loss on Thursday, and said it would reduce its workforce by about 60% and exit the cannabis flower cultivation in Canada ...
Syndicated Content Feb 09, 2023
AbbVie’s 2023 profit forecast misses as Humira faces heat from rivals
(Reuters) -AbbVie Inc on Thursday forecast 2023 profit below Wall Street expectations, in the first outlook since its blockbuster arthritis drug Humira faced competition from cheaper biosimilars in th...
Syndicated Content Feb 09, 2023
SpaceX should choose between Ukraine and Russia – Ukrainian official
KYIV (Reuters) - Elon Musk's SpaceX should choose sides between Ukraine and Russia, a senior Ukrainian official said on Thursday, after the company said it was curbing Kyiv's use of Starlink internet ...
Syndicated Content Feb 09, 2023
BorgWarner sees EV business to grow at least 72% in 2023
(Reuters) - BorgWarner Inc said on Thursday it expects sales from its electric vehicle (EV) business to grow at least 72% in 2023 as the U.S. auto supplier increasingly shifts its focus toward EV make...
Syndicated Content Feb 09, 2023
Analysis-Investors see Erdogan’s earthquake response as pivotal
By Marc Jones LONDON (Reuters) - The humanitarian disaster of Turkey's earthquake has caused an outpouring of concern by international investors, but also an acknowledgement that President Tayyip Erdo...
Syndicated Content Feb 09, 2023
U.S. lawmakers try again to end ‘forever war’ authorizations
By Patricia Zengerle WASHINGTON (Reuters) - Democratic and Republican U.S. lawmakers introduced legislation on Thursday seeking to repeal two longstanding authorizations for past wars in Iraq, renewin...
Syndicated Content Feb 09, 2023
Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue
SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high sales last year, as slowing demand for electronics ...
Syndicated Content Feb 09, 2023
Earth & Beyond launches fund to invest in Israeli space-related firms
JERUSALEM (Reuters) - Earth & Beyond Ventures, a new early-stage venture fund investing in Israel's emerging commercial space ecosystem, said on Thursday it had launched with commitments of $125 milli...
Syndicated Content Feb 09, 2023
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