Business News

Aug 1 (Reuters) - WestJet said on ​Saturday ‌it has begun cancelling flights ‌in ​response ⁠to the ⁠CUPE union's notice to strike and ​has cancelled ⁠86 ⁠flights. Canada's second-largest ​carrier said ​it remains at ‌the bargaining table with ⁠the unio...

By Che Pan and Ryan Woo BEIJING, Aug 1 (Reuters) - Chinese ​electric vehicle ‌maker BYD's global sales rose for a third straight ‌month ​in ⁠July, with robust ⁠overseas demand continuing to help offset softer conditions in ​its home market. Total sale...

By Akash Sriram Aug 1 (Reuters) - SpaceX's first earnings call as a public company may be expected to focus on AI spending and profits from its Starlink satellite communications network, but many retail investors have other things on their minds. Takin...

July 31 (Reuters) - A selloff in U.S. Treasuries this week signaled the need for the Federal Reserve to earn its inflation-fighting "credibility" ​with interest rate increases, St. Louis ‌Fed President Alberto Musalem told the Financial Times. "At this...

SEOUL, Aug 1 (Reuters) - South Korea's exports grew more strongly than expected in July on global chip and computer demand for AI investments. Exports from Asia's fourth-largest economy rose 62.8% in ​July from a year earlier to $98.89 billion, prelimi...

By Fabiola Arámburo and David Lawder Aug 1 (Reuters) - The U.S. Treasury bought yen on Friday to support the battered Japanese currency, the Financial Times reported, marking Washington's first yen-buying intervention with Tokyo in more than a decade a...

By Svea Herbst-Bayliss, Manya Saini and Anirban Sen July 31 (Reuters) - When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a checkbook. Citadel's founder this w...

July 31 (Reuters) - FIFA President Gianni Infantino said ​on Friday ‌world soccer's governing body has scrapped plans to sell ‌a ​stake ⁠in the World ⁠Cup to private investors after widespread backlash. "Having listened ​carefully to all the views, ⁠it...

July 31 (Reuters) - Alphabet's Google said on Friday it was rolling back an AI image-generation feature it had introduced in Google Earth just ​a day ago, after users shared images ‌that appeared to violate the company's policies. The feature, powered ...

July 31 (Reuters) - FIFA's plan to sell a piece ​of its business ‌empire to outside investors has collapsed following an open revolt ‌by ​soccer officials ⁠worldwide and a ⁠major rift among top FIFA executives, the New York ​Post reported on Friday. Th...

By Jody Godoy July 31 (Reuters) - The U.S. Federal Trade Commission cleared quantum computing firm ​IonQ's $1.8 billion acquisition of ‌chipmaker SkyWater Technology after the agency's leaders disagreed over whether to impose conditions, they said on F...

By Sheila Dang HOUSTON, July 31 (Reuters) - Top U.S. oil producers ExxonMobil and Chevron warn that global supplies of diesel and other refined products will likely remain tight and lead to persistently high prices in the second half ​of the year as th...

WASHINGTON, July 31 (Reuters) - ​U.S. ‌President Donald ‌Trump ​on ⁠Friday signed ⁠a proclamation to ​impose ⁠a ⁠tariff-rate ​quota on ​imports of ‌quartz surface ⁠products from several ⁠countries. (Reporting ‌by ⁠Ismail ​Shakil ‌and ​Daphne Psaledaki...

WASHINGTON, July 31 (Reuters) - U.S. Federal Reserve Chairman Kevin Warsh at this week's interest-rate-setting meeting raised the idea ​of reducing the number of ‌the Fed's regularly scheduled meetings where it sets monetary policy, the New York Times ...

By Deepa Seetharaman and Raphael Satter WASHINGTON, July 31 (Reuters) - OpenAI has discovered other instances in which autonomous agents have escaped containment as the company expands its investigation of the hacking incident at tech firm Hugging Face...

July 31 (Reuters) - Drugmaker Amgen said on Friday hackers ​stole company data ‌and patient health information in a cybersecurity breach involving cloud ‌storage ​systems ⁠run by third-party ⁠providers. On July 29, Amgen determined the incident was mat...

WASHINGTON, July 31 (Reuters) - The top U.S. derivatives regulator said on Friday it had ordered former Republican Representative George Santos to pay $35,000 for alleged manipulative trading. Santos, who was expelled from the House of Representatives ...

July 31 (Reuters) - Private equity firm KKR is nearing a takeover of medical device outsourcing company Integer Holdings, the Wall Street Journal reported ​on Friday, citing people familiar with the ‌matter. Shares of the Plano, Texas-based firm closed...

BELGRADE, July 31 (Reuters) - hold Serbia secured another sanctions waiver from the United States for its Russian-owned oil company NIS, energy minister Dubravka Djedovic Handanovic said on Friday, ​allowing the firm that supplies most of the country's...

July 31 (Reuters) - Canada's WestJet said on Friday it has begun parking Boeing 737 planes as negotiations with flight attendants ​have not resulted in an agreement, ‌which could lead to labor disruptions. Cabin crew at the Calgary-based carrier, owned...