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UPDATE 3-Turkey's central bank says hikes possible, plays down reserve concerns (Adds comment, context, updates lira). By Ezgi Erkoyun and Ali Kucukgocmen. ISTANBUL, April 30 (Reuters) - Turkish Central Bank Governor Murat Cetinkaya said on Tuesday interest rate hikes remained an option if inflation unexpectedly jumps, and he ...
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Saudi's Falih will stick to global oil deal, pact could be extended: RIA MOSCOW (Reuters) - Saudi Arabia will not rush to boost oil supply to make up for a loss of Iranian crude due to U.S. sanctions, and will stick to a global deal on oil production, which could be extended to the end of 2019, Energy Minister Khalid al-Falih told ...
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Euro zone first-quarter economic growth stronger than expected, unemployment falls BRUSSELS (Reuters) - The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, while unemployment fell to its lowest in more than a decade, data showed on Tuesday. FILE PHOTO: Aerial ...
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Here are the big stocks Warren Buffett is betting on ahead of his annual meeting this week Tens of thousands of investors are gearing up to flock to Omaha, Nebraska for Berkshire Hathaway's annual shareholders meeting this week, anxious to hear from Warren Buffett about his views on the company, the economy and the stocks he's investing in.
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Robotic process automation company UiPath raises $568 million at $7 billion valuation UiPath, a "robotic process automation" (RPA) platform that helps companies automate repetitive software-based tasks, has raised $568 million in a series D round of funding led by hedge fund Coatue Management, with participation from Alphabet's CapitalG, ...
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Chipmaker AMS signals steady Apple orders, Android share grows VIENNA (Reuters) - Apple supplier AMS on Tuesday was upbeat on the current quarter and the rest of the year, pointing to steady orders for optical sensors from its major customer and a growing share of income from Android smartphone makers.
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Recode Daily: WeWork has filed confidentially for an IPO The We Company, better known as WeWork, has filed confidentially for an IPO. The coworking giant initially filed four months ago, but today revealed its plans publicly. It will be the latest of several major startups with sky-high valuations to file for an IPO this ...
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Worker pay, benefits climb steadily in early 2019, ECI shows, but they're not soaring The numbers: Pay and benefits for American workers advanced at a brisk pace in the first three months of 2019, fresh government figures showed, but they still growing less than 3% a year and not rising fast enough to stoke much inflation. The employment ...
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GE first-quarter profit rises, warns on 737 MAX (Reuters) - General Electric Co said on Tuesday first-quarter profit from its continuing operations more than tripled, helped by higher sales in its aviation, oil and gas, and healthcare units. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured ...
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McDonald's Says Promotions in The US Paid Off in Latest Quarter McDonald's Corp. MCD -0.15% said comparable sales grew faster than expected in the first quarter and the company reported a stronger performance in the U.S., where the fast-food chain has been struggling to attract customers. The fast-food chain said ...
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Merck Smashes Q1 Earnings Estimate, Boosts 2019 Outlook, as Keytruda Sales Surge Merck & Co. (MRK - Get Report) posted stronger-than-expected first quarter earnings Tuesday, and lifted its 2019 profit guidance, as its blockbuster lung cancer treatment topped $2.2 billion. Merck said GAAP earnings for the three months ending in March ...
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Where to find Cinco de Mayo deals on tacos, margaritas, beer in Knoxville This weekend get your taco, tequila, beer and margarita fixes as Knoxville restaurants celebrate Cinco de Mayo. Restaurants will offer food and drink specials and live music in honor of the Mexican holiday on Sunday, May 5. Here's a list to help you make ...
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Faraday Future's EV dreams live on with (another) bailout Now that Faraday Future has parted ways with its last partner, Chinese real estate firm Evergrande, money seems to be flowing in again. After getting a $600 million injection from mobile gaming company The9 Limited, Faraday announced that it has scored ...
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St. James's Place posts record assets after first-quarter inflows, market gains LONDON (Reuters) - British wealth manager St. James's Place on Tuesday posted a 8.3 percent increase in funds under management to a record high, boosted by net inflows of client cash and market gains. SJP, which provides a range of financial services to ...
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'Powerful' VMware Cloud On Dell EMC Data Center-as-a-Service Launched 'We're taking this notion [and model] of cloud and applying that to on-premises to give customers all the benefits of cloud with all the benefits of on-premises environments. So it's the best of both worlds,' says Kit Colbert, vice president and chief technology ...
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Independent News & Media to be sold to Belgian group Ireland's largest newspaper group has agreed a takeover offer from European media group Mediahuis, adding another €44m (£38m) to the fortune of largest shareholder Denis O'Brien, the country's richest man. Independent News & Media, which publishes ...
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Bernie Sanders Calls On Disney to Use 'Avengers: Endgame' Profits to Pay Workers Middle Class Wage As Avengers: Endgame continues to dominate the box office, Sen. Bernie Sanders (I-VT.) urged Disney to use the profits it makes from the superhero smash hit to better pay its staff. "What would be truly heroic is if Disney used its profits from Avengers to pay ...
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Airbus deliveries boost core earnings despite Saudi woes Airbus adjusted earnings jumped in the first quarter thanks to higher deliveries but charges related to Germany's suspension of defence export licences to Saudi Arabia took the shine off otherwise strong results. The European aerospace and defence group ...
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Cozmo maker Anki is shutting its doors No one ever said consumer robots were easy. But Anki's actually made a pretty strong go of it, all things considered. After wowing the world at Apple's 2013 WWDC keynote with its Drive cars, the company went all in on robotics, first with Cozmo, then Vector.
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News & Tips: AA, Sirius Minerals, Countrywide & more Shares in London's large and mid caps are selling off in morning trading. Click here for The Trader Nicole Elliott's latest thoughts on the markets. IC TIP UPDATES: Shares in AA (AA) closed down a little over 4 per cent yesterday after it was announced that ...
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An evening walk down D-St: Sensex reclaims 39K; broader markets underperform It was a volatile day for Indian markets but recovery seen in the last hour of the trade suggests that bulls are here to stay. The S&P BSE Sensex managed to climb above 39,000 after breaching it in intraday trade while Nifty also closed above 11,700. The final ...
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Standard Chartered lifts London's FTSE 100 despite a drop in Glencore, Whitbread (Reuters) - Britain's main index see-sawed in to the black with StanChart surging to a 9-month high after a buyback plan, while restaurant group Whitbread and miner Glencore lost ground after weak forecasts. The FTSE 100 index climbed 0.1 percent by 0709 ...
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Amazon has leased space in Arlington, Va. and will begin hiring Amazon.com Inc. AMZN, -0.52% said in a Monday blog post that it has leased office space for its Arlington, Va. headquarters and has begun the process of hiring 400 people this year. Job listings have posted, including for global category managers and an ...
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Goldman hasn't had settlement talks over 1MDB, CEO says Goldman Sachs has not had discussions about settling with the US Department of Justice over its role in the Malaysian corruption scandal known as 1MDB, its chief executive and chairman said on Monday. Prosecutors investigating the bank have ...
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