Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
ABUJA (Reuters) – Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting
Trump Media shares face potential sell-off as insider selling restrictions lift
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell his $1.7 billion stake in
Google wins EU antitrust fine fight but setback for Qualcomm
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) European Union antitrust
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady
Teamsters will not endorse any US presidential candidate in 2024
WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse any presidential candidate despite polling that showed a majority of
Walmart’s Sam’s Club to raise hourly pay for 100,000 workers from November
(Reuters) – Walmart-owned Sam’s Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon’s cloud business provided a major stamp of approval
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut