Gold steady above $2,000 as markets await U.S. inflation data
Gold prices steadied above key levels on Tuesday, keeping to slim trading ranges as traders awaited more cues on the…
China’s April iron ore imports up 5% y/y at 90.4 million tonnes
(Reuters) – China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data…
Iveco to fully own venture with Nikola on electric, hybrid trucks
MILAN (Reuters) – Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops…
Suncor Energy’s quarterly profit beats estimates on strong demand
(Reuters) – Canada’s Suncor Energy (NYSE:SU) Inc reported a better-than-expected first-quarter profit on Monday, helped by steady demand for energy…
LinkedIn cuts over 700 jobs, phases out China app as demand wavers
(Reuters) – LinkedIn, the social media network owned by Microsoft Corp (NASDAQ:MSFT) that focuses on business professionals, said on Monday it would…
PayPal adjusted margin forecast cut eclipses higher profit expectations
(Reuters) – PayPal Holdings Inc (NASDAQ:PYPL) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending…
Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along…
Brazil’s ride-hailing app 99 aims to double electric cars within a year
(Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of electric cars serving its passengers…
Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings (NYSE:SPCE) said on Monday that a four-member test flight will take place in…
Pound hits one-year high against struggling dollar
(Reuters) – Sterling hit an over-one-year high against the dollar on Monday as the greenback began the week under pressure,…