M&S shares soar as first-half profit smashes forecasts

(Reuters) – Marks & Spencer (OTC:MAKSY) (M&S) expects full-year profit to leap more than 30% after an overhaul of its…

Meta to require disclosures for AI-created, altered political ads

(Reuters) – Meta Platforms (NASDAQ:META) on Wednesday said come 2024, advertisers will have to disclose when artificial intelligence (AI) or…

UAW local unit at Ford’s Chicago plant vote to ratify deal

(Reuters) – Workers at Ford Motor (NYSE:F)’s Chicago assembly plant have voted to ratify a proposed contract with the automaker,…

Robinhood Q3 revenue falls short on slowing trading activity

Robinhood reported Tuesday mixed third-quarter results as revenue fell short of Wall Street estimates amid a decline in users on…

Lloyd’s of London to invest $65 million following slavery report

(Reuters) – Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade,…

Dollar rebound extends for third day before Fed’s Powell speech

(Reuters) – The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door…

GM’s Cruise to recall 950 driverless cars after accident involving pedestrian

(Reuters) – Cruise is recalling 950 driverless cars from the roads across the United States and may withdraw more following…

Why WeWork failed, and what is next

(Reuters) – Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring…

HSBC to launch digital assets custody service by 2024

HSBC Holdings Plc (LON:HSBA) has announced plans to introduce a custody service for digital assets such as tokenized securities by…

Jewellery maker Pandora raises sales forecast after Q3 profit beat

(Reuters) – Danish jewellery maker Pandora (OTC:PANDY) reported a smaller than expected drop in third-quarter profit on Wednesday as more…