EV maker Rivian shares have record drop after convertible bond offering launched

By Chibuike Oguh and Abhirup Roy NEW YORK Shares of Rivian Automotive Inc fell by nearly 23% on

2023-10-06 06:24

Bank of Canada seen leaving rates on hold amid economic slowdown

By Steve Scherer OTTAWA The Bank of Canada is widely expected to leave its key overnight rate on

2023-10-25 18:16

Southwest Airlines endorses plan to boost Washington Reagan flights

By David Shepardson WASHINGTON Southwest Airlines said on Tuesday it will support legislation to add seven new round

2023-07-19 01:49

Riyadh Air Set for 100 Boeing Max Order in Dubai to Extend Fleet

Riyadh Air, the new Saudi Arabian airline building a fleet from scratch, is close to an order for

2023-11-11 17:45

Microsoft sales beat estimates as customers prepare for AI rollout

By Yuvraj Malik, Stephen Nellis and Anna Tong (Reuters) -Microsoft on Tuesday beat Wall Street estimates for fiscal first-quarter results

2023-10-25 05:22

Australia says 'not necessary' to cancel Chinese firm's lease on Darwin port

By Kirsty Needham SYDNEY (Reuters) -Australia said a security review of a 99-year lease held by Chinese company Landbridge on

2023-10-20 13:27

Bank of Canada holds interest rate 5%, warns of more tightening

TORONTO The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting the economy

2023-09-06 22:29

Natixis’s Frankfurt, Munich Offices Raided in German Tax Dividend Investigation

Natixis SA’s offices in Frankfurt and Munich were raided as part of the sprawling German probe into the

2023-06-13 19:52

US inflation is 'still too high': Fed Chair Powell

US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said Thursday, leaving the door open for...

2023-10-20 01:26

U.S. bank profits flat after accounting for failed bank acquisitions: FDIC

By Pete Schroeder WASHINGTON U.S. bank profits were largely flat in the second quarter of 2023 after accounting

2023-09-07 23:23

Russia Considering Quitting Ukraine Safe-Corridor Crop Deal, Putin Says

Russia is considering leaving the deal that allows Ukraine to ship grain exports from Black Sea ports, President

2023-06-14 00:53

Bumpy road for China's ride hailing drivers as economy slows

By Casey Hall SHANGHAI Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money

2023-08-16 09:28