Major Chinese banks cut deposit rates after reduction in lending rates
BEIJING/SHANGHAI (Reuters) -Five of China’s major state-owned banks said on Th..
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Ford profit disappoints, stock falls 11% as quality issues dog automaker
By Nora Eckert, Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter ..
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UK car output logs fourth consecutive monthly fall in June, data shows
(Reuters) – UK’s car output fell for the fourth consecutive month in Jun..
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Reckitt to offload homecare brands, consider nutrition options
By Agata Rybska (Reuters) – Reckitt Benckiser will consider options for its tr..
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As losses mount, CrowdStrike says bug in quality-control process led to botched update
By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-con..
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Rheinmetall’s profit doubles as defence spending surges
By Miranda Murray BERLIN (Reuters) -German arms manufacturer Rheinmetall more..
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Meta unveils biggest Llama 3 AI model, touting language and math gains
By Katie Paul NEW YORK (Reuters) -Meta Platforms released the biggest version..
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Oil prices rise as US crude, fuel inventories seen shrinking
By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapp..
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Tesla profit margins worst in five years as price cuts, incentives weigh
By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported its lowest profit ..
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Britain’s gas network ready for hydrogen fuel, report says
LONDON (Reuters) – Britain’s national gas network is ready to accommodat..
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