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Economy

Economy

A year on, Intel’s touted AI-chip deals have fallen short

By Jeffrey Dastin (Reuters) – Intel (NASDAQ:INTC)’s upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted…
Economy

Air Canada raises core profit forecast on robust international demand

(Reuters) -Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international…
Economy

Exxon’s $8.6 billion profit beats as volume offsets price weakness

By Shariq Khan and Gary McWilliams HOUSTON (Reuters) -Exxon Mobil on Friday beat Wall Street’s third quarter profit estimate, boosted by strong…
Economy

Apple, Amazon report; nonfarm payrolls ahead – what’s moving markets

Investing.com — US stock futures point to a positive start on Wall Street on Friday, with traders assessing earnings from megacap technology groups…
Economy

Hedge funds search for trades in dead-heat US election

By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – Hedge funds and other investors are searching for trades that profit from…
Economy

ECB’s Panetta warns rate policy mustn’t push inflation too low

ROME (Reuters) – The European Central Bank must avoid the risk of cutting interest rates too slowly and lowering inflation excessively, Governing…
Economy

Musk due in court as $1 million voter giveaway faces courtroom test

By Jack Queen PHILADELPHIA (Reuters) – Elon Musk has been ordered to attend a Thursday hearing in a prosecutor’s lawsuit to block…
Economy

Analysis-Companies boost social and climate reporting amid ESG backlash

By Ross Kerber (Reuters) – Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with…
Economy

Riding growth wave, most Asian central banks to go slower than Fed on rate cuts: Reuters poll

By Devayani Sathyan BENGALURU (Reuters) – Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the…
Economy

Global economy set to cruise at a solid 3% growth rate next year: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth will maintain its robust pace next year as major central banks implement a…
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