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Stocks lifted by China spending plan, oil down on Israel hope
Stocks lifted by China spending plan, oil down on Israel hope
Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes Israel will scale back its...
2023-10-25 11:21
Alphabet and Microsoft see earnings rise on AI-infused cloud
Alphabet and Microsoft see earnings rise on AI-infused cloud
Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing...
2023-10-25 08:23
Google parent Alphabet profits grow on ads and cloud
Google parent Alphabet profits grow on ads and cloud
Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads...
2023-10-25 05:15
Anchor of Chinese container vessel caused damage to Balticconnector gas pipeline, Finnish police say
Anchor of Chinese container vessel caused damage to Balticconnector gas pipeline, Finnish police say
Finnish investigators say they believe an anchor of a Chinese container ship was dislodged and caused the damage to the undersea Balticconnector gas pipeline between Finland and Estonia on the Baltic Sea earlier this month
2023-10-25 04:28
California suspends tests of GM's Cruise self-driving car
California suspends tests of GM's Cruise self-driving car
California authorities on Tuesday suspended testing of Cruise self-driving cars being developed by General Motors, citing safety concerns following a series...
2023-10-25 03:17
Dozens of US states sue Meta over harm to children
Dozens of US states sue Meta over harm to children
Dozens of US states on Tuesday accused Facebook and Instagram owner Meta of profiting "from children's pain," damaging their mental health and misleading people...
2023-10-25 01:57
China announces $137 bn sovereign bond issuance
China announces $137 bn sovereign bond issuance
China announced Tuesday it would issue sovereign bonds worth 1 trillion yuan ($137 billion), state media said, in a move seen as an attempt to shore up the...
2023-10-24 22:48
The battery test race to work out what used EVs are really worth
The battery test race to work out what used EVs are really worth
(This Oct. 23 story has been corrected to mention that Driverama is a unit of Aures Holdings in paragraph 15)
2023-10-24 21:58
General Motors profits top estimates on limited Q3 strike hit
General Motors profits top estimates on limited Q3 strike hit
General Motors reported better-than-expected quarterly profits Tuesday behind strong US sales and a limited impact from a labor strike that...
2023-10-24 20:27
Spotify swings to profit as user numbers grow
Spotify swings to profit as user numbers grow
Music streaming giant Spotify on Tuesday said it registered 26 percent growth in active users for the third quarter as it...
2023-10-24 18:54
Mideast crisis and weak growth weigh on Asian markets
Mideast crisis and weak growth weigh on Asian markets
Asian markets recovered ground on Tuesday with traders weighed down by unpredictability over the ongoing crisis in the Middle East and key earnings and economic data...
2023-10-24 17:29
Hermes bags sales growth except in Asia
Hermes bags sales growth except in Asia
French luxury group Hermes, known for its leather bags and silk scarves, on Tuesday said it continued to see sales growth in the third quarter...
2023-10-24 17:19
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