OPEC+ Pauses Oil Supply Hike in Effort to Reverse Price Slump
OPEC+ postponed its oil supply hike by two months, but the move wasn’t enough to roll back steep losses in…
Lenovo announces new Aura edition laptops
Lenovo has just revealed its latest lineup of laptops at IFA Berlin. The standouts seem to be Aura editions of…
Verizon Is in Talks to Buy Frontier Communications
Verizon Communications Inc. is in advanced talks to acquire rival telecommunications operator Frontier Communications Parent Inc., according to a person…
ASML CEO says US desire to restrict exports to China ‘economically motivated’
The chief executive of Dutch computer chip equipment supplier ASML said on Wednesday a U.S.-led campaign to restrict the company’s…
Boeing’s cash flow goal to be delayed, says Wells Fargo as it downgrades stock
Boeing’s annual free cash flow target of $10 billion may be delayed by about two years to 2027-28 and it…
Exclusive-Tesla plans six-seat Model Y, production slated for 2025 in China
Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with…
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession…
Brazil’s economy expected to have grown at solid pace in second quarter
Brazil’s economy kept growing at a solid pace last quarter compared to the first three months of the year, supported…
Oil Extends Drop on Signs of OPEC+ Output Boost and China Woes
Oil pushed lower on signs OPEC+ will progress with a plan to lift output from October, while economic headwinds mount…
Nokia Mobile Networks Assets Said to Draw Samsung Interest
Nokia Oyj’s mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics Co. amid increasing pressure to find…