(Reuters) – Alphabet Inc’s Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop […]
Lebanon central bank chief defends record before leaving office
BEIRUT (Reuters) – Lebanon’s longtime central bank governor Riad Salameh defended his record on Wednesday in a televised interview just […]
Airbus posts higher profit, removes near-term output goal
By Tim Hepher PARIS (Reuters) -Europe’s Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed […]
EBay’s higher investments weigh on profit forecast, shares fall
(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such […]
South Korean manufacturers most optimistic in seven months -central bank survey
SEOUL (Reuters) – South Korean manufacturers’ business optimism in August hit its highest level in seven months, a central bank […]
Instant view: Fed raises interest rates, leaves door open to another increase
NEW YORK (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing […]
PacWest stock soars on $1.1 billion buyout deal with Banc of California
By Niket Nishant and Manya Saini (Reuters) -PacWest Bancorp’s shares jumped nearly 29% on Wednesday, as investors cheered Banc of […]
Global shares flat, US yields fall after Fed delivers rate hike
By Chibuike Oguh NEW YORK (Reuters) – Global shares were mostly flat while U.S. yields fell on Wednesday after the […]
Owners of morning-after pill Plan B mulling $4 billion sale of company – source
By Abigail Summerville (Reuters) – The private equity owners of popular emergency contraception pill Plan B, Foundation Consumer Healthcare, have […]
US new home sales fall, but trend remains strong
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell in June after three straight monthly increases, […]