By Shivansh Tiwary (Reuters) -American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging year, according to brokerages Jefferies
Category: Business
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by nearly
US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a seasonal fund-raising spree over the
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic
Apple’s China troubles mount as foreign phone sales sink for 4th month
BEIJING (Reuters) – Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by 47.4% in November from a year earlier, according to data
Biden blocks Nippon Steel’s $14.9 billion takeover of U.S. Steel
(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel’s $14.9 billion buyout of U.S. Steel, citing reasons related to
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
(Reuters) – Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout. The
Explainer-Why OpenAI plans transition to public benefit corporation
By Jaspreet Singh and Rishi Kant (Reuters) – OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit
Bezos’ Blue Origin gets FAA license for its first New Glenn rocket launch
(Reuters) – The Federal Aviation Administration said on Friday that it has issued a commercial space launch license for Blue Origin’s — Jeff Bezos’ rocket
China to cut import tariffs on some recycled copper and aluminium raw materials
SHANGHAI (Reuters) – China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on