By Chris Thomas, Aditya Kalra and Sriram M MUMBAI (Reuters) – Gautam Adani’s crucial $2.5 billion share sale was fully…
Spotify shares jump on bullish outlook as more users tune in
By Supantha Mukherjee and Dawn Chmielewski STOCKHOLM/LOS ANGELES (Reuters) – Spotify Technology SA on Tuesday forecast that the number of…
EU commissioner: we don’t want a subsidy war with U.S
BERLIN (Reuters) – The European Union does not want to wage a subsidy war against the United States over its…
U.S. Justice Department asks Tesla for documents on driver assist systems
(Reuters) – Tesla Inc said on Tuesday it has received requests from the U.S. Department of Justice for documents related…
Refiner Phillips 66 joins rivals in posting sky-high profit
(Reuters) – Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted…
Homebuilder PulteGroup’s quarterly profit beats estimates on higher house prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for quarterly profit on the back of higher…
Bed Bath & Beyond’s road to potential bankruptcy
(Reuters) – From a failed merchandising strategy to activist investor pressure over exaggerated payments to executives, Bed Bath & Beyond…
Bed Bath & Beyond preparing to file bankruptcy as soon as this week -sources
By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) -Bed Bath & Beyond Inc is preparing to seek bankruptcy protection…
Norway wealth fund posts record $164 billion loss
By Victoria Klesty OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of…
Analysis-Airbus and Boeing try to fill giant factories with small jets
By Tim Hepher PARIS (Reuters) – Airbus and Boeing have set the stage for the next chapter in their titanic…