Newmont beats profit estimates on higher gold production
(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from…
Month: July 2024
Tesla’s bleak margins sour investors as Musk hypes everything but cars
By Deborah Mary Sophia and Reshma Rockie George (Reuters) -Tesla shares sank more than 11% on Wednesday as its shrinking…
Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say
By Anirban Sen (Reuters) – L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached U.S.…
Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure
By Karin Strohecker and Libby George LONDON (Reuters) -Ukraine said on Monday it had reached an agreement in principle with…
World shares steady as Biden exits White House race
By Amanda Cooper and Chibuike Oguh LONDON/NEW YORK (Reuters) -An index of global shares steadied on Monday as investors weighed…
Impact of Biden’s economic agenda may be felt long after his presidency
By Howard Schneider WASHINGTON (Reuters) – U.S. President Joe Biden may not have gotten much credit politically for the thousands…
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar…
Exclusive-Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
By David Shepardson (Reuters) -Chrysler parent Stellantis paid $190.7 million in civil penalties for failing to meet U.S. fuel economy…
Oracle reaches $115 million consumer privacy settlement
By Jonathan Stempel (Reuters) – Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and…
Meta chief Zuckerberg won’t endorse Trump or Biden in elections, Bloomberg News reports
(Reuters) -Meta Platforms CEO Mark Zuckerberg has declined to endorse either Donald Trump or Joe Biden and said he does…