By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire hedge fund manager Daniel Loeb sees room for…
Category: Business
Ross Stores lifts profit view, Q2 results beat estimates on steady demand
(Reuters) – Ross Stores on Thursday raised its fiscal 2024 profit forecast and posted second-quarter…
Air Canada pilots vote to authorize strike
(Reuters) -Air Canada pilots voted to authorize a strike, with 98% voting members in favour,…
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
(Reuters) – Netflix saw a more than 150% surge in upfront ad commitments for this…
Tesla to get lower EU tariff on its Chinese-made EVs
By Philip Blenkinsop and Kate Abnett BRUSSELS (Reuters) -Tesla is set to get a reduced…
Palo Alto forecasts annual results above estimates on robust cybersecurity demand
(Reuters) -Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on…
Lilly demands doctors stop selling copycat weight-loss drugs
By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S….
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a…
Synopsys’ $35 billion Ansys deal under UK regulator scrutiny
(Reuters) – UK’s competition watchdog said on Monday it was looking into whether chip design…
OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand…