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Category: Business

US airlines’ shares jump as airfare data signals improving pricing power
Business

US airlines’ shares jump as airfare data signals improving pricing power

By Shivansh Tiwary (Reuters) -Shares of major U.S. carriers soared on Tuesday after upbeat airfare data for July signaled improving…

August 12, 2025
US oil producer EOG beats second-quarter profit estimates
Business

US oil producer EOG beats second-quarter profit estimates

(Reuters) -EOG Resources beat estimates for second-quarter profit on Thursday, as a rise in output helped the U.S. energy producer…

August 7, 2025
FanDuel owner raises profit forecast as gamblers’ winning streak ends
Business

FanDuel owner raises profit forecast as gamblers’ winning streak ends

By Padraic Halpin DUBLIN (Reuters) -FanDuel-owner Flutter raised its forecast for full-year profit growth on Thursday after a six-month-long winning…

August 7, 2025
Clay valued at $3.1 billion in latest fundraise as AI continues to run hot
Business

Clay valued at $3.1 billion in latest fundraise as AI continues to run hot

By Ateev Bhandari (Reuters) -AI startup Clay’s valuation more than doubled in about three months to $3.1 billion in its…

August 5, 2025
BHP and Lundin will request Argentina incentives, but other miners fear missing out
Business

BHP and Lundin will request Argentina incentives, but other miners fear missing out

By Lucila Sigal SAN JUAN, Argentina (Reuters) -BHP and Lundin plan to soon apply for a new Argentine investment incentives…

August 5, 2025
Stone secures IBD financing to offer credit to businesses in the Amazon
Business

Stone secures IBD financing to offer credit to businesses in the Amazon

By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian payments company Stone said on Monday it has secured 295 million reais ($53.4…

August 4, 2025
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
Business

Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges

By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…

August 4, 2025
MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
Business

MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins

By Andre Romani SAO PAULO (Reuters) -Latin American e-commerce giant MercadoLibre on Monday posted a 1.5% dip in its second-quarter…

August 4, 2025
Business

Analysis-Diageo’s new CEO needs actions, not just words

By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…

August 4, 2025August 4, 2025
Amazon tumbles after cloud computing growth disappoints investors
Business

Amazon tumbles after cloud computing growth disappoints investors

By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…

August 1, 2025

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