Airbnb CEO urges Parisians to put homes up for rent for Olympics
(Reuters) – Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and…
European stocks edge higher; H&M soars on quarterly profit
European stock markets edged higher in tight trading ranges Wednesday, as investors continued to digest elevated inflation levels, soaring bond…
PwC Australia gave clients other than Google confidential tax info
(Reuters) – PwC Australia gave multiple clients confidential information leaked from Australian government tax briefings, the company said on Wednesday,…
German government trims debt sales, signaling reduced financial aid
The German government has announced a reduction in its planned federal debt sales for Q4 2023, marking a significant decrease…
Dollar hits 10-month high as US yields spike, yen recovers from dip
(Reuters) – The dollar rose to a new 10-month peak on Tuesday as U.S. bond yields hit their highest level…
Oil prices fall as economic outlook outweighs tight supply
(Reuters) – Oil prices fell on Tuesday as a stronger U.S. dollar compounded concerns that demand for fuel will be…
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
(Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com (NASDAQ:AMZN), expected to be filed as soon as…
Microsoft earns upgrade on GenAI prospects: 5 big analyst picks
Microsoft has no more Sell ratings as Guggenheim upgrades Guggenheim upgraded Microsoft (NASDAQ:MSFT) to Neutral from Sell. Following this upgrade,…
Analysis-Cisco’s $28 billion Splunk deal may ignite software deal frenzy
(Reuters) – Cisco Systems (NASDAQ:CSCO)’ $28 billion deal for Splunk (NASDAQ:SPLK) is likely to prompt other technology giants to splash…
Alibaba aims to spin off logistics arm Cainiao in Hong Kong IPO
(Reuters) – Alibaba (NYSE:BABA) Group’s logistics arm Cainiao plans a Hong Kong initial public offering that would make it as…