Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
2023 underperformance prompts Wolfe to upgrade T-Mobile
Wolfe Research analysts upgraded shares of (NASDAQ:TMUS) to Outperform from Peer Perform. The price target of $160 per share suggests…
GameStop shares slide sharply in premarket trade after CEO Furlong terminated
GameStop Corp (NYSE:GME) shares shed more than 19% of their value in premarket U.S. trading on Thursday after the video…
Chinese regulators try to assure sceptical foreign financiers
(Reuters) – China is open for investment, the country’s top financial regulators told foreign financiers at a high-profile forum in…
Microsoft, Google strategy to test AI search ads irks some brands
(Reuters) – Alphabet (NASDAQ:GOOGL)’s Google and Microsoft (NASDAQ:MSFT) are inserting ads into AI experiments without providing an option to opt…
Toshiba board recommends shareholders support $14 billion buyout
(Reuters) – Toshiba (OTC:TOSYY) Corp said on Thursday its board has decided to recommend shareholders take up a tender offer…
Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says
(Reuters) – Amazon (NASDAQ:AMZN) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU…
Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint
(Reuters) – Meta Platforms’ Instagram, Alphabet (NASDAQ:GOOGL)’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC…
Dollar remains near two-month high on hawkish Fed expectations
The U.S. dollar edged lower in early European trade Thursday, but remained near its recent two-month high with traders anticipating…
Oil steadies as Saudi cut supports and focus turns to Fed
(Reuters) – Oil steadied on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential pause…