Duke Energy beats profit estimates on higher margins
(Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher…
FTC says Amazon made $1 billion with price-raising algorithms
(Reuters) – The Federal Trade Commission in new court documents said Amazon.com (NASDAQ:AMZN) deliberately raised prices by more than $1…
Uber, Lyft to pay $328 million to settle New York wage theft claims
(Reuters) – Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) will pay a combined $328 million to settle claims by New York’s attorney…
Wall Street regulator adopts new rules for swap trading facilities
(Reuters) – The U.S. Securities and Exchange Commission on Thursday adopted new rules governing security-based swap trading platforms, implementing a…
Moderna reins in 2023 COVID vaccine forecast, shares tumble
(Reuters) – Moderna on Thursday said its 2023 sales would only hit the low end of its $6 billion to…
Swiss digital finance pioneers new era with wholesale CBDC project
A consortium of Swiss financial institutions is set to revolutionize digital financial markets through the launch of Helvetia Phase III,…
GBP/EUR and GBP/USD hold steady as markets await BoE’s interest rate decision
The GBP/EUR exchange rate remained stable at €1.1502 on Thursday, as investors awaited the Bank of England’s (BoE) decision on…
Oil rises 1% after Fed keeps rates unchanged
(Reuters) – Oil gained 1% on Thursday to snap its three-day decline, as risk appetite returned to financial markets after…
Shopify (NYSE:SHOP) Beats Q3 Sales Targets, Stock Jumps 17.1%
E-Commerce software platform Shopify (NYSE:SHOP) reported Q3 FY2023 results topping analysts’ expectations, with revenue up 25.5% year on year to…
SoftBank Corp raises $800 million through Japan’s first listing of bond-type shares
(Reuters) – Japan’s SoftBank (TYO:9984) Corp’s bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first…