(Adds dropped word ‘economy’ in second bullet point) By Joe Cash BEIJING, Dec 10 (Reuters) – The International Monetary Fund…
Category: Uncategorized
Costco beats quarterly sales estimates on strong demand
Dec 11 (Reuters) – Costco Wholesale beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient…
Boeing closes Spirit AeroSystems purchase in major supply chain realignment
By Dan Catchpole SEATTLE, Dec 8 (Reuters) – Boeing said on Monday it has closed its $4.7 billion takeover of…
Ray-Ban Meta glasses take off but face privacy and competition test
By Elisa Anzolin and Gianluca Lo Nostro MILAN, Dec 9 (Reuters) – EssilorLuxottica is betting big on smart eyewear and…
Global airlines set for record $41 billion net profit next year, IATA says
By Joanna Plucinska and Olivia Le Poidevin GENEVA, Dec 9 (Reuters) – Global airline trade body IATA said on Tuesday…
US home price rises to stay modest as mortgage rates stick: Reuters poll
By Sarupya Ganguly BENGALURU, Dec 10 (Reuters) – U.S. home prices will rise just 1.4% in 2026 after a similar…
Bezos’ Blue Origin working on orbital data center technology, WSJ reports
Dec 10 (Reuters) – Jeff Bezos’ aerospace firm Blue Origin has been working for over a year on the necessary…
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
By Pritam Biswas and Lananh Nguyen Dec 9 (Reuters) – Wells Fargo expects more cuts to its workforce and sees…
China to limit access to Nvidia’s H200 chips despite Trump export approval, FT reports
Dec 9 (Reuters) – Beijing is set to limit access to Nvidia’s advanced H200 chips despite U.S. President Donald Trump’s…
Oracle’s OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries
By Aditya Soni Dec 9 (Reuters) – Months after Oracle’s $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm…