Investors punish Big Tech AI spending that delivers slower growth
Jan 29 (Reuters) – Investors responded to Big Tech earnings this week with a stark warning: they will…
First-class goods in second-tier cities as luxury goes local in China
Luxury spending in second-tier cities exceeding first-tier Middle-class looks to spend on luxury, save on living costs Gen…
Walmart boosts pharmacy pay, elevates 3,000 roles in healthcare push
Jan 28 (Reuters) – U.S. retailer Walmart (WMT.O), opens new tab on Wednesday said it has elevated 3,000…
BNY rejigs leadership to strengthen wealth management push
Jan 27 (Reuters) – BNY (BK.N), opens new tab has tasked insider Adam Vos to oversee the push…
Strong iPhone sales to power Apple’s holiday quarter, Google AI deal in focus
iPhone revenue expected to rise 13.6% in fiscal first quarter Apple leads global smartphone market with 20% share…
Chinese industrial profit rises in 2025, first time in four years
Industrial profit rises 0.6% on year, first increase since 2021 Government call to end price wars eased earnings…
UnitedHealth to offer rebates to its Obamacare customers
NEW YORK, Jan 21 (Reuters) – UnitedHealth Group Inc. (UNH.N), opens new tab will provide rebates to its…
Singapore expected to keep monetary policy unchanged as growth outperforms
Item 1 of 2 A view of the Monetary Authority of Singapore building in Singapore April 18, 2016.…
Brazil’s instant coffee sector seeks clarity on US decision to keep 50% tariff
SAO PAULO, Jan 23 (Reuters) – Brazil’s instant coffee industry is seeking details on why it continues to…
US business activity steady in January; consumer sentiment improves
Import tariffs cited by S&P Global as key driver of high prices S&P Global survey shows exports hit…
California joins UN health network following US departure from WHO
Jan 23 (Reuters) – California said on Friday it will become the first U.S. state to join the…
Intel struggles to meet AI data center demand, shares drop 13%
CEO Tan focuses on cost-cutting and new product road map Intel’s new manufacturing tech faces yield challenges, affecting…