Stocks News
- Reuters
SYDNEY (Reuters) – The state of Western Australia will allocate land to a battery metal processing facility proposed by IGO Ltd and Wyloo Metals, which is backed by billionaire Andrew Forrest, as the country pushes to process more critical minerals at home.
- Reuters
(Reuters) – Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video.
- Reuters
By Valerie Insinna WASHINGTON (Reuters) – Boeing has paused deliveries of some 737 MAXs as it grapples with a new supplier quality problem involving noncompliant fittings, the company disclosed on Thursday.
- Reuters
By Blake Brittain (Reuters) – Alphabet’s Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos’ claims.
- Reuters
SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they would depend on “substantial additional financing”.
- Reuters
By Sheila Dang (Reuters) – Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements from several companies and data from research firms suggest a bounce-back is not happening so fast.
- Reuters
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to minimize disruption to commercial air travel and provide “equitable” access to airspace near launch sites.
- Reuters
(Reuters) – Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.
- Reuters
By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be welcoming overseas attendees in person for the first time in three years from Saturday, but a soft outlook for global growth is expected to dampen the
- Reuters
By Arriana McLymore NEW YORK (Reuters) – E-retail giant Amazon is facing 18 shareholder proposals, beating its 2022 record of 15 proposals, as environmental, social and governance (ESG)-focused investors push for more changes in the company, according to Amazons’ proxy statement released on Thursday.
- Reuters
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned policymakers against the danger of a new Cold War as they ramp up efforts to secure their industrial supply chains amid geopolitical tensions between major powers.
- Reuters
By David Lawder WASHINGTON (Reuters) – France’s development minister said on Thursday she will tell the World Bank’s expected next president, Ajay Banga, to maintain the bank’s anti-poverty mission while forging ahead with next steps by October in its evolution to fight climate change and other
- Reuters
By Helen Coster (Reuters) – Jury selection in Dominion Voting Systems’ defamation lawsuit against Fox Corp. is expected to begin on Thursday, as the court seeks 12 Delaware residents from a heavily-Democratic county to decide whether Fox News knowingly aired false claims about vote rigging in
- Reuters
(Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power plants from Spain’s Iberdrola, Bloomberg News reported on Thursday citing people familiar with the talks.
- Reuters
WASHINGTON (Reuters) – Photoshop maker Adobe Inc has agreed to pay $3 million to settle U.S. kickback allegations involving federal software sales, the U.S. Justice Department said in a statement on Thursday.
- Reuters
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.
- Reuters
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, as they saw a buying opportunity at lower prices, S&P Global Market Intelligence said in a note on Thursday.
- Reuters
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines on Thursday forecast higher-than-expected profit for the second quarter, citing “record” bookings for summer travel, including strong demand for international trips.
- Reuters
(Reuters) – Lucid Group Inc on Thursday reported March quarter production and delivery figures that were lower than the preceding December quarter.
- Reuters
By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country.