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    1. Business News
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    3. reuters

    Reuters

    aptiv-logo
    Auto supplier Aptiv cuts forecast on Europe gas supply worries

    Auto parts supplier Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe…

    By Reuters
    August 5, 2022 11:50 IST
    Net loss attributable to common stockholders came in at 36 cents per share, from a profit of 40 cents last year
    Dorsey’s Block slows hiring, investment as bitcoin plunge slams earnings

    Block facilitates bitcoin trades through its online payments service cash application

    By Reuters
    August 5, 2022 11:16 IST
    Voyager boomed during the COVID-19 pandemic, drawing depositors with high interest rates and easy access to loans offered by traditional banks
    Cryptocurrency lender Voyager Digital gets approval to return $270 million to customers

    Voyager filed for Chapter 11 last month

    By Reuters
    Updated: August 5, 2022 10:03 IST
    Coinbase Prime will provide crypto trading, custody, prime brokerage and reporting capabilities to institutional clients
    Coinbase, BlackRock ink cryptocurrency trading partnership targeting institutional clients

    Reportedly, Coinbase’s shares has been down over 60% this year

    By Reuters
    August 4, 2022 18:54 IST
    After a dull start to August, Wall Street's main indexes roared back to life on Wednesday on a boost from a slew of strong results from companies including PayPal Inc and CVS Health.
    US Stocks: Wall Street slips on losses in Apple, energy shares

    Shares of Alibaba Group Holding Ltd jumped 5.1% in premarket trading after the Chinese tech-giant beat market expectations, even though…

    By Reuters
    Updated: August 4, 2022 21:09 IST
    Insurtech investment picked up slightly from the first quarter gaining 8%, a report showed
    Insurtech investment drops by half in second quarter report

    Reportedly, insurtech firms make up around 10% of the financial technology sector

    By Reuters
    August 4, 2022 16:27 IST
    GM, LG Energy drop plan for fourth U.S JV battery plant
    GM doubles miles open to its Super Cruise technology

    General Motors said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be…

    By Reuters
    August 4, 2022 12:39 IST
    Nickel West unit
    BHP to boost nickel exploration spending amid EV boom

    BHP Group will increase its spending on nickel exploration over the next two years to meet the growing demand for…

    By Reuters
    August 4, 2022 12:12 IST
    Chip makers have a message for car makers: Your turn to pay
    Chip makers have a message for car makers: Your turn to pay

    Newly created teams at the likes of General Motors , Volkswagen and Ford Motor are negotiating directly with chipmakers. Automakers…

    By Reuters
    August 4, 2022 11:47 IST
    The ministry of roads introduces authorisation certificates for car dealers to prevent fraud
    Carmakers start to see weaker demand amid inflation squeeze

    Carmakers are reporting lower demand in Europe and North America amid what analysts say is growing evidence that consumers are…

    By Reuters
    August 4, 2022 11:22 IST
    china military drills sin taiwan
    China fires missiles near Taiwan in drills after Nancy Pelosi visit

    Taiwan officials have said the drills violate United Nations rules, invade Taiwan’s territorial space and are a direct challenge to…

    By Reuters
    Updated: August 4, 2022 19:00 IST
    Yum has brought back its Mexican pizza at Taco Bell and $5 macaroni and cheese bowls at KFC and is banking on lower-priced offers at Pizza Hut to attract customers.
    KFC parent doubles down on deals as consumers cut spending

    The company plans to double down on promotional offerings after its quarterly earnings missed estimates on increased costs of ingredients,…

    By Reuters
    August 4, 2022 09:22 IST
    Tenev warned that a potential recession, the first experienced by the company's predominantly young customer base, could dent activity on its platform.
    Robinhood CEO rejects prospect of deal as shares trade higher on earnings

    Robinhood shares closed up nearly 12% on Wednesday, following a smaller-than-expected quarterly loss and the announcement that it was laying…

    By Reuters
    Updated: August 4, 2022 16:32 IST
    J-20 stealth fighters of PLA Air Force perform with open weapon bays during the Zhuhai Airshow
    Taiwan scrambles jets as 22 Chinese fighters cross Taiwan Strait median line

    Taiwan said it dispatched aircraft and deployed missile systems to “monitor” the Chinese activities into its air defence identification zone,…

    By Reuters
    August 3, 2022 20:03 IST
    The Institute of Supply Management's data, due at 10 a.m. ET, is expected to show its index for non-manufacturing activity slipped to 53.5 last month from 55.3 in June, the fourth straight monthly decline.
    US Stocks: Strong earnings lifts Wall Street ahead of services activity data

    “What we want is Goldilocks number, big numbers right now are bad, whether they’re big and good, or big and…

    By Reuters
    Updated: August 3, 2022 19:38 IST
    "Demand remains stable in all regions," Nintendo said in a presentation.
    Nintendo Switch sales slump on chip shortage

    It forecasts the second annual sales decline for its hybrid home/portable Switch device, which is in its sixth year on…

    By Reuters
    August 3, 2022 18:35 IST
    Companies including Facebook and Twitter have for years been concerned with India's proposed tighter regulations for the technology sector
    India withdraws privacy bill proposal, working on new law

    The privacy bill was designed to protect Indian citizens and establish a so-called data protection authority, but it had raised

    By Reuters
    August 3, 2022 18:20 IST
    Growth in the world's largest economy, the United States, shrank for the second straight quarter, while in the eurozone business growth slowed sharply in June due to the rising cost of living.
    Companies cut jobs, freeze hiring to prepare for economic slowdown

    Company name Date Layoffs impact Commentary Alibaba Group March 16 About 39,000 staff Started firing employees in February.

    By Reuters
    August 3, 2022 16:53 IST
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    Latest News

    Sachidanand Upadhyay Joins Global Business Elite with Second Appearance in Time Magazine

    Sachidanand Upadhyay Joins Global Business Elite with Second Appearance in Time Magazine

    Mphasis Q2 FY26 results: Net profit rises 10.8%

    Mphasis Q2 FY26 results: Deal wins, AI push power 10.8% jump in net profit; TCV at $528 million

    Larsen and Toubro (L&T) has partnered with the US-based General Atomics Aeronautical System

    Boost for ‘Make In India’ – L&T partners US-based General Atomics for unmanned Aircraft Systems

    bihar election, pm narendra modi, narendra modi, stalin slams modi, mk stalin, tamil nadu, bjp, dmk, kanimozhi, biharis

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    Aadhaar Card update November 2025: Here's how to change name, address, date of birth and phone number online in simple steps

    Aadhaar Card update November 2025: Here’s how to change name, address, date of birth and phone number online in simple steps

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