By Nell Mackenzie and Joanna Plucinska LONDON (Reuters) – Shortsellers had their sights on airlines…
Category: Business
OPEC again lowers 2024, 2025 global oil demand growth view
By Alex Lawler LONDON (Reuters) -OPEC on Tuesday cut its forecast for global oil demand…
FAA investigating Delta airplane that struck tail of regional jet
By David Shepardson (Reuters) -Delta Air Lines said Tuesday the wing of one of its…
Boeing’s shares rise after tentative labor deal that could avert major strike
(Reuters) – Boeing shares rose 3% in U.S. premarket trading on Monday after the planemaker…
VW boss says European market shrinking amid tougher competition
FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s…
Musk’s xAI in talks for share in future Tesla revenue, WSJ reports
(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it…
Boeing reaches early deal with 25% higher pay in hope to avert strike
By Allison Lampert and David Shepardson -Boeing said on Sunday it had reached a tentative…
New iPhone will use Arm’s chip technology for AI, FT reports
(Reuters) -Apple’s latest iPhone with its A18 chip, which is set to be unveiled at…
Stellantis-owned Chrysler to recall about 1.2 million vehicles, US regulators say
(Reuters) -Stellantis-owned Chrysler is recalling about 1.2 million U.S. vehicles due to a software malfunction…
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s…