(Reuters) – Facebook-parent Meta Platforms Inc is planning a fresh round of job cuts in a reorganization and downsizing effort…
Meta loses bid to toss $175 million verdict in streaming patent case
By Blake Brittain (Reuters) – A federal judge in Austin, Texas on Tuesday rejected a request by Meta Platforms Inc’s…
U.S. Treasury sees ‘difficult’ debt talks at G20 finance meeting
By David Lawder BENGALURU (Reuters) – U.S. Treasury officials said on Wednesday they expect G20 discussions over debt relief for…
Spice maker McCormick sees ‘pushback’ from retailers on price increases -CEO
By Jessica DiNapoli BOCA RATON, Fla (Reuters) -Cholula maker McCormick & Company Inc is looking to hike prices on its…
Comcast takes advantage of AI rally to sell more BuzzFeed shares
(Reuters) -Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on…
Russian weekly consumer price growth slowed in mid-Feb
MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state…
Upfront debt cuts could save hardest-hit countries $148 billion, says UNDP
By Rachel Savage JOHANNESBURG (Reuters) – A 30% upfront cut of debt-stressed countries’ borrowings could save them $148 billion over…
Turkey supports jobs and wages in earthquake-ravaged south
By Ali Kucukgocmen and Henriette Chacar ANTAKYA, Turkey (Reuters) – Turkey launched a temporary wage support scheme on Wednesday and…
Israel central bank in focus as judicial reform plan hits shekel
By Steven Scheer JERUSALEM (Reuters) -Israel’s shekel was largely unchanged against the dollar late on Wednesday, recovering from further falls…
Baidu beats fourth-quarter revenue estimates, flags chatbot launch
(Reuters) – China’s Baidu Inc beat revenue estimates for the fourth quarter on Wednesday, bolstered by strength in its advertising,…