Target reported a bigger-than-expected drop in comparable sales and offered a wide range of profit outcomes for its holiday quarter, as it cuts prices and […]
Tag: business
Trump says lawmakers should give healthcare money ‘directly to the people’ | REUTERS
President Donald Trump urged Senate Republicans to send Affordable Care Act money directly to people instead of insurance companies as the shutdown continued and lawmakers […]
Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion | REUTERS
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and […]
Trump eyes ‘good’ trade deal after US, China talks | REUTERS
President Donald Trump expressed confidence over striking a trade agreement with Chinese President Xi Jinping, whom he is expected to meet next week, after the […]
US sanctions on Russian oil will have ‘significant’ impact: Reuters expert | REUTERS
US President Trump hit Russia’s two biggest oil companies with sanctions in a sharp policy shift. Reuters EMEA Energy and Commodities Editor, Dmitry Zhdannikov says […]
Nestle to axe 16,000 jobs as new CEO targets sales growth | REUTERS
Nestle reported better-than-expected sales growth driven by coffee and confectionery price hikes, as new CEO Philipp Navratil announced major job cuts to address rising costs […]
How the United States is eating Trump’s tariffs | REUTERS
US companies and consumers are bearing the brunt of the country’s new import tariffs, early indications show, contradicting assertions by President Trump and complicating the […]
Why chocolate will be more expensive this Halloween | REUTERS
Chocolate prices will be spiking this Halloween as cocoa costs have more than doubled since early 2024, driven by West African crop failures, tariffs, and […]
Shein, hit with big fines, boosts internal controls | REUTERS
Online fast-fashion retailer Shein is strengthening its controls after fines over data privacy breaches, fake discounts and greenwashing, according to a letter to investors, internal […]
Ferrari lifts the hood on EV tech in maiden electric car | REUTERS
Ferrari has unveiled the technology which will power its hotly-anticipated first electric car, the Elettrica, as the iconic 85-year-old luxury Italian sportscar maker looks to […]
