S&P closes higher on trade hopes, Nvidia lifts Nasdaq
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2025. REUTERS NEW YORK (Reuters) – The S&P 500 index closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump’s latest salvo […]
Paramount Global nominates three board directors as Skydance merger awaits approval
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. REUTERS Paramount Global nominated three new directors on Monday, seeking to boost its board strength to seven as it awaits regulatory approval for its $8.4 billion merger with Skydance Media. Paramount nominated Mary Boies, counsel to Boies Schiller Flexner LLP, Charles […]
New UnitedHealth CEO vows to restore shareholder trust
UnitedHealth Group’s headquarters building is seen in Minnetonka, Minnesota, U.S. in this handout picture taken in 2019. UnitedHealth Group/Handout via REUTERS The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo Purchase Licensing RightsNEW YORK, June […]
Retailer Temu’s daily US users halve following end of ‘de minimis’ loophole
Temu logo is seen in front of displayed U.S. flag in this illustration taken, Bosnia and Herzegovina May 4, 2025. REUTERS SHANGHAI/NEW YORK, (Reuters) – Daily U.S. users of PDD Holdings’ (PDD.O), global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the […]
TSMC says US tariffs have some impact but AI demand robust
The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. REUTERS HSINCHU, Taiwan, June 3 (Reuters) – Taiwan’s TSMC said on Tuesday that U.S. tariffs were having some impact on the company and had been discussed with Washington, but demand for artificial intelligence (AI) remains strong and continues to outpace supply. […]
Airbus deliveries fell 4% in May, sources say
The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS. NEW DELHI, June 3 (Reuters) – Airbus delivered around 51 airplanes in May, industry sources said, down 4% from the same month last year. The tally brings deliveries so far this year to around 243 aircraft, down 5% from the […]
Toyota Industries says it will discuss Toyota Group takeover bid on Tuesday
A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS TOKYO, June 3 (Reuters) – Toyota Industries will decide on Tuesday whether to accept a tender offer to take the company private, it said, after several media reported that it would accept a $42 billion offer from Toyota Motor […]
South Korean delivery workers allowed rare pause in services to vote in snap election
Delivery trucks for e-commerce retailer Coupang leave a distribution centre in Seoul, South Korea, June 21, 2018. Picture taken June 21, 2018. REUTERS SEOUL, (Reuters) – South Korean e-commerce and courier companies agreed to a rare halt of their delivery services on Tuesday to allow busy delivery workers time to cast their ballot in the […]
Government Notifies Guidelines for Scheme to Promote Manufacturing of Electric Passenger Cars in India
The Scheme will enablefresh investments from Global Manufacturers in EV Passenger Cars segment and would help to promote India as a global manufacturing destination for e-vehicles. The Government of India, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, has approved a forward-looking scheme to promote the domestic manufacture of passenger cars, with […]
Playing it smart: Five questions for the ECB
A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 6, 2025. REUTERS LONDON, June 2 (Reuters) – The European Central Bank is tipped to cut interest rates on Thursday, its eighth move this cycle, with traders sensing a pause will then follow as the economy holds up better than anticipated and […]