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Reuters - 18 minuto ang nakaraan

U.S. stocks weekly: Trump bump

BUZZ-U.S. stocks weekly: Trump bump ** S&P 500 .SPX rallies 4.7% as Donald Trump wins U.S. presidential election, Fed delivers another rate cut .N ** SPX, Dow .DJI and Nasdaq composite .IXIC ascend to record highs; intraday on Fri - DJI probes over 44k for first time, SPX crosses over 6K for first time. IXIC ends above 19k for first time ** S&P 500 votes with its feet, while the Nasdaq composite is forging above a battle line ** Momentum has been the horse to beat, but are small and mid caps mak
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Reuters - 7 oras ang nakaraan

Reality-TV president will co-produce media shakeup

BREAKINGVIEWS-Reality-TV president will co-produce media shakeup The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Nov 8 (Reuters Breakingviews) - Donald Trump will have more than just a cameo role in the big media show under development. The former U.S. president’s successful run back to the White House already illuminated his influence over the industry and how it is changing.
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Reuters - 11 oras ang nakaraan

Walmart to offer independent drivers new holiday bonuses in battle with Amazon

Walmart to offer independent drivers new holiday bonuses in battle with Amazon Payouts from Spark Driver program can be unpredictable, drivers say Spark Driver crucial for boosting e-commerce and Walmart Plus subscriptions Walmart enhances security features for Spark Driver app after data breach By Siddharth Cavale NEW YORK, Nov 8 (Reuters) - Walmart WMT.N will pay independent delivery drivers new financial incentives to pick up online orders at its U.S.
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Reuters - 11 oras ang nakaraan

Amazon is looking to revamp its grocery delivery - WSJ

MEDIA-Amazon is looking to revamp its grocery delivery - WSJ -- Source link: https://tinyurl.com/2ahvrms5 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Reuters - 12 oras ang nakaraan

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

EXCLUSIVE-India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show Zomato, Swiggy antitrust scrutiny comes amid business boom India finds Zomato, Swiggy dealt exclusively with some partners Swiggy IPO values it at $11.3 bln, Zomato valued at $27 bln Two companies have thousands of restaurant partners in India Zomato shares drop 3% Adds investigation details, share move paragraphs 7-8, 12-13, By Aditya Kalra and Arpan Chaturvedi NEW DELHI, Nov 8 (Reuters) - An i
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Reuters - 13 oras ang nakaraan

India's probe finds Zomato, Swiggy breached antitrust laws, documents show

EXCLUSIVE-India's probe finds Zomato, Swiggy breached antitrust laws, documents show Zomato, Swiggy antitrust scrutiny comes amid business boom India finds Zomato, Swiggy dealt exclusively with some partners Swiggy IPO values it at $11.3 bln, Zomato valued at $27 bln Two companies have thousands of restaurant partners in India By Aditya Kalra and Arpan Chaturvedi NEW DELHI, Nov 8 (Reuters) - An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy S
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Reuters - 15 oras ang nakaraan

Thailand to pursue new policies to boost and protect digital economy

UPDATE 1-Thailand to pursue new policies to boost and protect digital economy Releads, adds details, quotes, background BANGKOK, Nov 8 (Reuters) - Thailand is pursuing new digital policies to handle emerging security threats including the impacts of U.S.-China rivalry on the economy and technology, its prime minister said on Friday. "We will accelerate policies so that the digital economy makes up 30% of GDP by 2030," Paetongtarn Shinawatra said in an address at the country's National Defence Co
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Reuters - 22 oras ang nakaraan

Amazon mulls new multi-billion dollar investment in Anthropic, the Information reports

UPDATE 2-Amazon mulls new multi-billion dollar investment in Anthropic, the Information reports Adds Amazon's response in paragraph 5 Nov 7 (Reuters) - Amazon.com AMZN.O is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter.
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Reuters - 23 oras ang nakaraan

Amazon.com mulls new multi-billion dollar investment in Anthropic, the Information reports

Amazon.com mulls new multi-billion dollar investment in Anthropic, the Information reports Nov 7 (Reuters) - Amazon.com AMZN.O is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter. Reporting by Akash Sriram in Bengaluru
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Reuters - 23 oras ang nakaraan

California agency boosts reporting requirements for autonomous vehicle incidents

UPDATE 1-California agency boosts reporting requirements for autonomous vehicle incidents Adds details, background, comment from agency in paragraphs 3-8 By David Shepardson Nov 7 (Reuters) - A California state agency said on Thursday it is mandating enhanced data reporting requirements for autonomous vehicles including reports for incidents where self-driving cars get stuck.
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Reuters - 23 oras ang nakaraan

Amazon Discussing New Multibillion-Dollar Investment In Anthropic - The Information

BRIEF-Amazon Discussing New Multibillion-Dollar Investment In Anthropic - The Information Nov 7 (Reuters) - AMAZON DISCUSSING NEW MULTIBILLION-DOLLAR INVESTMENT IN ANTHROPIC - THE INFORMATION Source text: https://tinyurl.com/584ypb34 Further company coverage: AMZN.O
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Reuters - 1 araw ang nakaraan

Rivian reassures investors with cost cuts, green credit sales amid weak EV demand

UPDATE 4-Rivian reassures investors with cost cuts, green credit sales amid weak EV demand Rivian aims for Q4 gross profit despite part shortage, slow demand Lucid cuts losses; both firms plan affordable models by 2026 Rivian, Lucid have secured funding to ensure survival Adds green credits and 2025 gross profit in paragraphs 1-4; updates shares By Akash Sriram and Abhirup Roy Nov 7 (Reuters) - Rivian RIVN.O said on Thursday it was on track to turn a gross profit in the fourth quarter helped by
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Reuters - 1 araw ang nakaraan

Rivian's quarterly revenue slumps for first time since IPO

Rivian's quarterly revenue slumps for first time since IPO Nov 7 (Reuters) - Rivian RIVN.O posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago. Due to short supply of a part Rivian last month slashed its full-year production forecast to between 47,000 and 49,000 vehicles, from its earlier projection of 57,000 units.
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Reuters - 1 araw ang nakaraan

Pinterest beats quarterly estimates on digital ads boost

Pinterest beats quarterly estimates on digital ads boost Nov 7 (Reuters) - Pinterest PINS.N beat Wall Street estimates for third-quarter revenue and profit on Thursday, thanks to robust advertising spending on the platform driven by the image-sharing platform's AI investments. Advertisers turn to the California-based company to target its growing base of Gen Z users and leverage its AI-powered ad tools in a bid to spur shopping activity.
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Reuters - 1 araw ang nakaraan

Italy to change web tax in bid to overcome US objections, minister says

UPDATE 1-Italy to change web tax in bid to overcome US objections, minister says Adds more remarks from economy minister, details and background By Giuseppe Fonte ROME, Nov 7 (Reuters) - Italy has extended its domestic tax on digital services to small and medium-sized enterprises (SMEs) to try to overcome U.S. objections that the levy is discriminatory, Economy Minister Giancarlo Giorgetti said on Thursday.
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Reuters - 1 araw ang nakaraan

Italy to change web tax in bid to overcome US objections

Italy to change web tax in bid to overcome US objections ROME, Nov 7 (Reuters) - Italy has extended its domestic tax on digital services to small and medium-sized enterprises (SMEs) to try to overcome U.S. objections that the levy is discriminatory, Economy Minister Giancarlo Giorgetti said on Thursday. Washington has threatened tariffs over unilateral digital taxes in Europe, as they mainly target U.S.
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Reuters - 1 araw ang nakaraan

India Enforcement Directorate Conducts Searches At 19 Premises Of Sellers Linked To Amazon, Walmart's Flipkart-Govt Source

BRIEF-India Enforcement Directorate Conducts Searches At 19 Premises Of Sellers Linked To Amazon, Walmart's Flipkart-Govt Source Nov 7 (Reuters) - Amazon.com Inc AMZN.O : INDIA ENFORCEMENT DIRECTORATE CONDUCTING SEACHES AT 19 PREMISES OF SELLERS LINKED TO AMAZON, WALMART'S FLIPKART-GOVERNMENT SOURCE INDIA ENFORCEMENT DIRECTORATE LOOKING INTO ALLEGA
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Reuters - 1 araw ang nakaraan

Amazon to invest $1.3 bln in Italy data centre business

Amazon to invest $1.3 bln in Italy data centre business MILAN, Nov 7 (Reuters) - Amazon's AMZN.O computing unit AWS on Thursday said it planned to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years in a further expansion of its data centre business in the country. The plan was part of the tech giant's effort to boost its cloud offer in Europe under which AWS launched its first cloud region in Italy in 2020 with the prospect to invest 2 billion euros by 2029 .
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Reuters - 2 araw ang nakaraan

India raids offices of sellers using Amazon, Flipkart platforms, sources say

UPDATE 3-India raids offices of sellers using Amazon, Flipkart platforms, sources say India raids on sellers latest setback for Amazon, Flipkart Foreign e-commerce face growing scrutiny in India Raids after antitrust probe found breaches by Amazon, Flipkart Amazon, Flipkart say they comply with all Indian laws Adds details from government source in paragraph 7 By Nikunj Ohri, Aditya Kalra and Arpan Chaturvedi NEW DELHI, Nov 7 (Reuters) - India's financial crime agency has raided offices of some
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Reuters - 2 araw ang nakaraan

India raids offices of sellers using Amazon, Flipkart platforms, sources say

India raids offices of sellers using Amazon, Flipkart platforms, sources say NEW DELHI, Nov 7 (Reuters) - India's financial crime agency has raided offices of some sellers operating on the platforms of Amazon AMZN.O and Flipkart, majority-owned by Walmart WMT.N , as part of an investigation into alleged violations of foreign investment rules by the e-commerce companies, two government sources said on Thursday.
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