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China’s BYD posts 11.5% rise in Q3 net profit

BEIJING (Reuters) – Chinese electric vehicle maker BYD (SZ:002594) recorded a 11.5% rise in third-quarter net profit on Wednesday, as it maintained…
Stock

Shares of GSK down as weak vaccine sales cast shadow on earnings beat

Investing.com — Shares of GSK fell over 3% following its third-quarter 2024 earnings, as investors reacted to underwhelming sales figures in key…
Stock

European stocks retreat despite positive growth data;UK budget due

Investing.com – European stock markets retreated Wednesday despite a positive growth surprise, as investors digested more quarterly earnings results ahead of the…
Investing

Nvidia overtakes Apple as world’s most valuable company

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its…
Investing

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an…
Economy

Exclusive-Eyeing US election, China considers over $1.4 trillion in extra debt over next few years, say sources

(Reuters) – China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the…
Economy

BOK board member Chang said property market risks need further checks, minutes show

SEOUL (Reuters) – A voting Bank of Korea board member, Chang Yong-sung, who dissented in its decision to cut interest rates on…
Economy

A week before US vote, Yellen revives arguments on strong economy

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen is seeking to reclaim the narrative on the Biden administration’s economic…
Economy

US interest rate options price in Republican sweep, jump in volatility

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Ahead of the U.S. presidential election next week, investors in interest rate options are putting…
Economy

Fed’s rate cut revives small business optimism and plans to borrow

By Ann Saphir (Reuters) – This past summer, leads for Brian Brown’s landscaping business near Lake Tahoe were drying up.    “We’d put…
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