By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google is set to face a modest EU antitrust fine in the coming…
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Trump cancels $4.9 billion in foreign aid, escalating spending fight with Congress
By Nolan D. McCaskill and Bo Erickson WASHINGTON (Reuters) -President Donald Trump has moved to unilaterally cancel $4.9 billion in foreign…
NBCUniversal, Amazon strike deal to bring Peacock to Prime Video Channels
By Dawn Chmielewski LOS ANGELES (Reuters) -Comcast-owned NBCUniversal, and Amazon have reached a deal to bring the ad-free version of…
Nippon Steel bets on $11 billion investment, tech transfer to lift U.S. Steel profit
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel plans to increase profit at U.S. Steel…
Phillips 66 to begin winding down Los Angeles-area refinery next week, sources say
NEW YORK (Reuters) -Phillips 66 will begin shuttering its 139,000 barrel-per-day (bpd) Los Angeles-area refinery in September, people familiar with…
Morning Bid: China sales doubt blurs Nvidia beat
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and…
Chipmaker GlobalFoundries says CHIPS Act framework does not involve equity
By Zaheer Kachwala (Reuters) -GlobalFoundries said on Wednesday its CHIPS Act funding is “well intact” and the framework does not…
AI bellwether Nvidia forecasts Q3 revenue above forecasts
Top News Today Cloud analytics firm Snowflake lifts annual product revenue forecast; shares jump 11% Shares of the company were…
AI bellwether Nvidia forecasts Q3 revenue above forecasts
(Reuters) -AI chipmaker Nvidia, the dominating force behind the U.S. stock market rally since 2023, forecast third-quarter revenue above Wall…
T-Mobile bets on ‘SuperMobile’ plan to attract business customers
By Harshita Mary Varghese -U.S. wireless network provider T-Mobile on Wednesday unveiled its new “SuperMobile” plan, which offers satellite connectivity…