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Analysis-UK reshapes its AI strategy under pressure to cut costs

Analysis-UK reshapes its AI strategy under pressure to cut costs

By Martin Coulter LONDON (Reuters) – Britain’s Labour government is drawing up a new, cost-cutting artificial intelligence strat..

Nvidia’s rally takes a break after forecasts leave investors nonplussed

Nvidia’s rally takes a break after forecasts leave investors nonplussed

By Noel Randewich, Saqib Iqbal Ahmed and Deborah Mary Sophia (Reuters) – Nvidia shares were down about 2% in early trading on Th..

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the European Union rose 0.2% in July, slowed by declines in F..

Iliad meets goal to become Europe’s 5th largest telecoms operator

Iliad meets goal to become Europe’s 5th largest telecoms operator

  By Gianluca Lo Nostro and Stephanie Hamel (Reuters) -France’s Iliad said on Thursday it had reached its goal to become Eu..

Aluminium giant Rusal’s first-half profit jumps 42% on strong prices, deliveries

Aluminium giant Rusal’s first-half profit jumps 42% on strong prices, deliveries

  (Reuters) -Russian aluminium giant Rusal reported a 41.6% rise in its first-half adjusted net profit on Thursday, as it managed..

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecasts downbeat profit as weak PC market, competition weigh

  By Juby Babu (Reuters) -HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on ..

Maersk says ocean shipping’s zero-emissions push needs government support

Maersk says ocean shipping’s zero-emissions push needs government support

  By Lisa Baertlein LOS ANGELES (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol..

Cybercrime and sabotage cost German firms $300 billion in past year

Cybercrime and sabotage cost German firms $300 billion in past year

BERLIN (Reuters) – Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in t..

US dollar advances on month-end demand; focus on economic data

US dollar advances on month-end demand; focus on economic data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors afte..

Lego outperforms toy market with robust sales in Europe and North America

Lego outperforms toy market with robust sales in Europe and North America

  By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego’s sales of its colorful plastic bricks outpaced the overall ..

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

  By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 mi..

Social media platform X back up after brief outage, Downdetector shows

Social media platform X back up after brief outage, Downdetector shows

  (Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to out..

Apple cuts about 100 digital services jobs, Bloomberg News reports

Apple cuts about 100 digital services jobs, Bloomberg News reports

  (Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team resp..

HMD launches Barbie phone in partnership with Mattel

HMD launches Barbie phone in partnership with Mattel

  STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, said it has teamed up with toymaker Mattel to launch ..

Currencies trade in tight range as market awaits more U.S. rate cues

Currencies trade in tight range as market awaits more U.S. rate cues

  By Brigid Riley (Reuters) -The U.S. dollar held near its lowest level in more than a year against a basket of peers on Wednesda..

Oil rebounds as geopolitics, demand concerns whipsaw investors

Oil rebounds as geopolitics, demand concerns whipsaw investors

  (Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as in..

Climate campaigners take EU to court over 2030 emissions-cutting rules

Climate campaigners take EU to court over 2030 emissions-cutting rules

By Kate Abnett BRUSSELS (Reuters) – Environmental campaigners have taken the European Commission to court over its emissions rul..

US dollar weakens, sterling hits more two-year high

US dollar weakens, sterling hits more two-year high

By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more t..

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

Exclusive-Intel board member quit after differences over chipmaker’s revival plan

By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences w..

Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation

Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation

  By Jihoon Lee, Cynthia Kim and Joyce Lee SEOUL (Reuters) – As South Korea scrambles to halt the sharp decline in its birt..

Suspected mpox case at Brazilian airport likely chickenpox, hospital says

Suspected mpox case at Brazilian airport likely chickenpox, hospital says

  SAO PAULO (Reuters) -A suspected case of mpox in a passenger at Brazil’s main international airport is likely chickenpox,..

UK shop prices dip for first time in nearly 3 years, survey shows

UK shop prices dip for first time in nearly 3 years, survey shows

  (Reuters) – British shop prices fell in annual terms this month for the first time since October 2021, pushed down by sum..

Safe-haven yen, US dollar rally on escalating Middle East tension

Safe-haven yen, US dollar rally on escalating Middle East tension

  By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose a..

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

  By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pip..

Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit

Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit

  By Joey Roulette WASHINGTON (Reuters) – NASA’s decision to send Boeing’s Starliner capsule home without astro..

Chip stocks slip, keeping European shares muted ahead of data-heavy week

Chip stocks slip, keeping European shares muted ahead of data-heavy week

By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European shares were broadly flat in quiet trading on Monday, with semiconduct..

Aviation regulators press for global efforts to tackle turbulence

Aviation regulators press for global efforts to tackle turbulence

By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action ..

Pay gap between bosses and ordinary workers widens in Switzerland

Pay gap between bosses and ordinary workers widens in Switzerland

ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on av..

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the li..

Nvidia Q2 sales likely to double, even a slight miss may hurt shares

Nvidia Q2 sales likely to double, even a slight miss may hurt shares

  By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. ..

Meyer Burger halts solar plant in Colorado, plans restructuring

Meyer Burger halts solar plant in Colorado, plans restructuring

  ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it ann..

Analysis-Darkening global outlook, central bank pivots signal more turbulence

Analysis-Darkening global outlook, central bank pivots signal more turbulence

  By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Growing signs of lackluster growth..

Asia shares hesitate and dollar dips; oil gains

Asia shares hesitate and dollar dips; oil gains

  By Wayne Cole SYDNEY (Reuters) – Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields ..

Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift

Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift

  By Kevin Buckland TOKYO (Reuters) -The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Je..

Australian employees now have the right to ignore work emails, calls after hours

Australian employees now have the right to ignore work emails, calls after hours

  By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the weekend? Work email pinging long after you’ve l..

Cricket-England’s Wood ruled out of Sri Lanka series

Cricket-England’s Wood ruled out of Sri Lanka series

  (Reuters) – England fast bowler Mark Wood has been ruled out of the test series against Sri Lanka due to a thigh injury a..

Floods kill 13 in Indonesia’s North Maluku, two injured

Floods kill 13 in Indonesia’s North Maluku, two injured

  JAKARTA (Reuters) -Thirteen people were killed and two injured in Indonesia’s North Maluku province on Sunday after flood..