(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection…
Uber bets on holiday demand after dull third quarter
By Yuvraj Malik (Reuters) – Ride-hailing giant Uber on Tuesday predicted strong holiday-quarter demand would drive up profits more than…
Saudi Aramco net profit drops broadly as expected, shares inch up
By Hadeel Al Sayegh and Yousef Saba DUBAI (Reuters) -Saudi Aramco on Tuesday reported a 23% fall in third-quarter net…
AMD Stock Report: A Comeback Kid in the Chip Wars
The Big Picture: AMD’s latest earnings report, dropped on October 31, 2023, isn’t just a set of numbers; it’s a…
Russian nuclear submarine test launches Bulava intercontinental missile
By Guy Faulconbridge MOSCOW (Reuters) -Russia’s new strategic nuclear submarine, the Imperator Alexander III, has successfully tested a Bulava intercontinental…
China pledges to expand market access at annual trade fair amid foreign criticism
By Brenda Goh SHANGHAI, China (Reuters) -China will further expand market access and increase imports, its premier told a trade…
New orders lift Saudi non-oil business activity growth to 4-month high-PMI
DUBAI (Reuters) – Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, a…
Buffett’s Berkshire posts bigger loss as stocks fall; operating profit sets record
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday posted its first quarterly loss in a year as…
China EV maker BYD to build first Europe plant in Hungary -FAS
FRANKFURT (Reuters) – Chinese electric vehicle giant BYD plans to build its first European car factory in Hungary, a German…
Amazon punished its own sellers to limit Walmart’s reach, FTC says
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) – Amazon.com Inc punished its own sellers to limit Walmart’s reach…