Dow futures rise on Fed rate cut hopes; Adobe weakens on guidance
U.S. stock futures rose Thursday, adding to the previous session’s strong gains after the Federal Reserve signaled interest rate cuts…
Low-cost e-commerce player Temu files new lawsuit against rival Shein
(Reuters) – PDD Holdings’ international facing discount e-commerce platform, Temu, filed a lawsuit in a U.S. District of Columbia court…
EU top court scraps 250 million euro tax order vs Amazon
(Reuters) – Europe’s top court on Thursday scrapped an EU order for Amazon to pay 250 million euros ($273 million)…
Virgin Australia averts strikes with cabin crew pay deal
(Reuters) – Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of…
Ban flavoured vapes, WHO says, urging tobacco-style controls
(Reuters) – The World Health Organization (WHO) on Thursday urged governments to treat e-cigarettes similarly to tobacco and ban all…
Brazil court OKs bankruptcy protection for Starbucks, TGI Fridays operator
(Reuters) – A Sao Paulo judge on Tuesday approved bankruptcy protection for SouthRock Capital, which runs all Starbucks (NASDAQ:SBUX) coffee…
GM’s long-time product development chief set to retire
(Reuters) – General Motors (NYSE:GM) said on Wednesday Doug Parks, who leads the automaker’s global product development team, would retire…
Swedish union to halt waste collection at Tesla locations
Sweden’s Transport Workers’ Union revealed Wednesday that the organization would discontinue waste collection at Tesla (NASDAQ:TSLA) locations in Sweden. The…
Oil prices stable around six-month lows
(Reuters) – Oil prices were little changed on Wednesday, after falling by more than 3% to six-month lows in the…
Dollar inches higher as traders await Fed signal on rate cuts
(Reuters) – The dollar rose on Wednesday ahead of the conclusion of a Federal Reserve policy meeting that could offer…