(Reuters) -Railroad operator Norfolk Southern said on Thursday it had elected former Delta Air Lines CEO Richard Anderson as the…
Category: Business
Boeing CEO cancels trip to Paris Airshow, GE postpones investor day after fatal crash
(Corrects to remove hyperlink in paragraph 2) By Allison Lampert and David Shepardson (Reuters) -Boeing and GE Aerospace are scaling…
Trump throws curveball at Japan tea giant’s US expansion swing
By Kentaro Okasaka and John Geddie TOKYO (Reuters) -Top Japanese tea brand Ito En’s latest push to win over health-conscious…
Oil price outlook weakens on OPEC+ hikes, lingering trade concerns: Reuters poll
By Sarah Qureshi and Kavya Balaraman (Reuters) – Analysts have revised down their oil price forecasts for the third consecutive…
EU gains leverage in trade talks as US court casts doubt on tariffs, EU officials say
By Jan Strupczewski BRUSSELS (Reuters) -The European Union has gained leverage in trade talks with the United States after a…
Gap shares slide as tariffs loom large over apparel maker’s turnaround plans
By Savyata Mishra (Reuters) – Gap shares fell 20% in early trading on Friday after the Old Navy owner warned…
Nvidia to stop including China in forecasts amid US chip export controls, CNN reports
(Reuters) -Nvidia will exclude the Chinese market from its revenue and profit forecasts following the imposition of tough U.S. restrictions…
US says China’s Huawei can’t make more than 200,000 AI chips in 2025
WASHINGTON (Reuters) -China’s Huawei Technologies is capable of producing no more than 200,000 advanced artificial intelligence chips in 2025, a…
Google Cloud outage hits platforms including Spotify, Discord
(Reuters) -Multiple platforms including music streaming service Spotify and instant messaging platform Discord were down for tens of thousands of…
Coinbase to launch CFTC-compliant perpetual futures trading in US
(Reuters) -Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory…