Oil rebounds on fading risk of U.S. debt default
(Reuters) – Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously…
Japan’s Hitachi Astemo flags lapses in quality tests over decades
(Reuters) – Japanese automotive supplier Hitachi (OTC:HTHIY) Astemo said on Friday it found misconduct over testing and other procedures for…
Factbox: Companies sell their businesses in Russia
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as…
Tesla ‘serious’ on establishing India production, innovation base, minister says
(Reuters) – Tesla (NASDAQ:TSLA) Inc is “serious” about its plans to establish a manufacturing base in India, the country’s deputy…
Samsung to keep Google as default search engine, no longer mulls switch to Bing
Samsung (OTC:SSNLF) is no longer considering a switch of the default search engine on its devices, and will stick with…
Deere raises annual profit outlook on healthy equipment demand
(Reuters) – Deere & Co on Friday reported a rise in second-quarter profit on strong sales for its tractors and…
NASA to name second company to build astronaut lunar lander
(Reuters) – U.S. space officials are set on Friday to reveal a second company that would build a spacecraft to…
FTC effort to stop Amgen’s Horizon takeover faces uphill fight
(Reuters) – The Federal Trade Commission (FTC) faces an uphill battle in its fight against Amgen Inc (NASDAQ:AMGN)’s $27.8 billion acquisition of…
Pent-up demand promises record tourist season for southern Europe
(Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to…
Farfetch stock surges 20% on Q1 beat; BofA sees an ‘inflection point’
Farfetch Limited (NYSE:FTCH) shares surged more than 20% in pre-open Friday following the company’s reported Q1 results. The company reported a loss…