By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction
Category: Business
JetBlue to raise over $3 billion through debt offerings, shares fall
(Reuters) – JetBlue Airways said on Monday it plans to raise about $3.15 billion in capital through separate debt offerings, the majority backed by its
Google says it is deactivating Russia-based AdSense accounts
(Reuters) – Alphabet’s Google is deactivating AdSense accounts in Russia, saying on Monday that it would no longer be able to make payments to users
‘Coerced’ JPMorgan Chase seeks to end NY lawsuit against Russia’s VTB Bank
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase on Friday asked a U.S. judge in Manhattan to dismiss its lawsuit against Russia’s VTB Bank
Thyssenkrupp shuts down steel unit’s funding request
FRANKFURT (Reuters) – Thyssenkrupp said on Saturday its steel division must be restructured to fund investment needs with its own earnings, but that the parent
Disney expected to announce plans for its theme parks
By Dawn Chmielewski ANAHEIM, California (Reuters) – Walt Disney is expected to announce new attractions at the company’s theme parks Saturday at its D23 fan
Under Armour posts surprise profit on leaner inventory, higher margins
By Savyata Mishra (Reuters) -Under Armour posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time
Analysis-OpenAI is a bigger threat to Google than US regulators
By Aditya Soni and Kenrick Cai (Reuters) – Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell. The online
Intel is sued by shareholders alleging securities fraud
(Reuters) – Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon