JOHANNESBURG (Reuters) – Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a
Category: Business
Tesla shares could swing 10% either way after earnings, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the options market expect Tesla shares to swing by nearly 10% in either direction by
Sliding airline profits and plane delays cast shadows at air show
By Joanna Plucinska and Allison Lampert FARNBOROUGH, England (Reuters) – A plunge in Ryanair’s quarterly profits cast a shadow over the opening of the Farnborough
Theater chain AMC reaches new debt restructuring deal, shares surge
(Reuters) -AMC Entertainment Holdings has reached an agreement with creditors to extend the maturity of up to $2.45 billion of its debt, the theater chain
Investment funds buy $28.837 billion 10-year note in July – U.S. Treasury
July 22 (Reuters) – Large investment managers bought $28.837 billion at a 10-year note auction held in July, compared with the $26.477 billion they purchased
Boeing ‘fighting through challenges’ in building new Air Force One planes
By David Shepardson LONDON (Reuters) – The head of Boeing’s defense unit said Sunday the planemaker is still “fighting through challenges” in building two delayed
TSMC shares fall sharply amid Nasdaq plunge, despite strong earnings
TAIPEI (Reuters) -Taipei-listed shares of TSMC ended 3.5% lower on Friday, dragged down by continuing geopolitical concerns and overnight losses on U.S. markets, despite the
China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the matter. The automaker
Netflix’s efforts to grow ad tier in focus as subscriber growth slows
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown