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…
US calls Taiwan ‘vital partner’ after high-level tech and AI talks
Item 1 of 2 Taiwan’s Premier Cho Jung-tai speaks at a press conference about U.S.-Taiwan trade deal in…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 years Consumers’ perceptions of the labor market weakened…
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.…
Explainer: How Singapore’s unique monetary policy works
SINGAPORE, Jan 26 (Reuters) – Singapore’s central bank has a unique method of managing monetary policy, tweaking the…
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…