(Reuters) – Broadcom forecast fourth-quarter revenue slightly below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff…
Qatar records $2.74 billion budget surplus in Q2, spending up sharply
By Rachna Uppal (Reuters) – Qatar recorded a budget surplus of 10 billion riyals ($2.74 billion) in the second quarter…
Factbox-What are global companies saying about China’s economy?
(Reuters) – United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become “uninvestible”,…
Salesforce lifts annual forecast as business software demand stays strong
By Zaheer Kachwala (Reuters) -Salesforce raised its annual revenue forecast on Wednesday and projected quarterly sales above estimates as it…
Biden plan would guarantee overtime pay for 3.6 million workers
By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to…
As Nvidia splashes out, are stock buybacks worth it?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – To buy back, or not to buy back. The highest U.S. interest rates…
Wall St rallies, Treasury yields retreat as data hints at potential Fed pause
By Stephen Culp NEW YORK (Reuters) – Wall Street surged on Tuesday and Treasury yields dropped amid light, pre-holiday trading…
Google unveils enterprise AI tools, new AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) – Google unveiled a swath of fresh artificial-intelligence technology and partnerships on Tuesday…
‘Revenge travel’ could be here to stay – Irish hotel chief
DUBLIN (Reuters) – The post-pandemic trend of people prioritising travel could be a more permanent change in consumers’ spending habits,…
Chinese banks to cut existing mortgage rates as property crisis deepens
BEIJING (Reuters) -Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter…