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…
Italy updates Arctic stance as Greenland tensions escalate
ROME, Jan 16 (Reuters) – The Arctic has become a theatre of intensifying strategic rivalry, an Italian government…
Maersk explores more ethanol use for green fuel to cut reliance on China, FT reports
Jan 11 (Reuters) – Danish shipping company Maersk (MAERSKb.CO), opens new tab is looking at increasing its use…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirements Companies will need to meet reusable rocket tech milestones Beijing…
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarter US might keep or sell seized Venezuelan oil,…
Nigeria’s Dangote Refinery says it can deliver 1.5 billion litres of petrol in December
LAGOS, Dec 1 (Reuters) – Nigeria’s Dangote Refinery said on Monday it is able to deliver 1.5 billion…
US is the biggest recipient of Chinese loans, study shows
AidData finds China’s lending to wealthy countries focuses on critical infrastructure, minerals, high tech US received more than…
Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
Swiss machine maker lays off staff after US tariffs Pfiffner already struggling due to car industry woes Weak…
US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
WASHINGTON, Nov 9 (Reuters) – U.S. economic growth in the fourth quarter could be negative if a federal…
Germany’s higher gas use hampers Europe’s stockpiling drive
LITTLETON, Colorado, Nov 5 (Reuters) – Germany’s highest gas-fired power generation levels since 2021 are scuppering regional efforts…
Quiet supersonic X-59 jet soars over California desert in first test flight
Plane could help pave way for faster commercial air travel Aircraft built to break sound barrier with sonic…
US firms grapple with economic divide as lower income struggles mount
Companies catering to low-income consumers face sales, profit challenges Credit markets shaken by bankruptcies of lenders to low-income…