LONDON (Reuters) – Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago. FILE PHOTO: A wastewater injection well owned by…
Month: July 2019
Spotify revenue beats but adds fewer-than-expected paid subscribers
(Reuters) – Spotify Technology SA’s (SPOT.N) lighter-than-expected number of new paid subscribers drove shares as much as 5% lower in trading before the bell, overshadowing revenue, gross margins and user engagement successes in the second quarter. FILE PHOTO: The Spotify logo is displayed on a screen on the floor of the New…
Ryanair tells staff it has 500 pilots more than it needs
FILE PHOTO: Ryanair aircraft are seen at Dublin airport Dublin, Ireland March 20, 2018. REUTERS/Clodagh Kilcoyne/File Photo DUBLIN (Reuters) – Ryanair (RYA.I) has told its staff it has 500 more pilots and 400 more cabin crew than required and job losses will be announced in coming weeks. Chief Executive Michael O’Leary made…
Wall St. rises at open on Apple boost; Fed in focus
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 29, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened higher on Wednesday, lifted by Apple’s shares, as the iPhone maker’s upbeat earnings eased concerns over the impact of the U.S.-China trade war, while investors awaited…
U.S. second-quarter labor costs gain smallest in 1-1/2 years
WASHINGTON (Reuters) – U.S. labor costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest indication of benign inflation that could allow the Federal Reserve to cut interest rates on Wednesday for the first time in a decade. A worker wrestles a stand of drill pipe into…
BlackRock raises $2 billion for Global Credit Opportunities Fund
FILE PHOTO: The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset management firm, said on Wednesday it had raised $2…
5 Ways to Use Google Search Console (Like a Pro)
Google Search Console is a fundamental tool for every successful SEOs toolkit. The best part? It’s free! In this guide, I’ll show you how to use Google Search Console to improve your SEO performance, so you can get more traffic, leads, and customers from organic search. Let’s jump in. Before I show…
Kraft Heinz to report half-yearly results on Aug. 8
FILE PHOTO: Bottles of salad dressing, made by food conglomerate Kraft Heinz, are seen on a supermarket shelf in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren/File Photo (Reuters) – Kraft Heinz Co (KHC.O) said on Wednesday it would report results for the first six months of the year on Aug. 8,…
Amazon buys Israeli startup E8 Storage: source
FILE PHOTO: The Amazon logo at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo JERUSALEM (Reuters) – Amazon (AMZN.O) has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday. The team at E8 Storage, which provides flash storage for the…
Space insurance costs to rocket after satellite crash
LONDON/FRANKFURT (Reuters) – Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say. FILE PHOTO: This color image of Earth, taken by NASA’s Earth…
GE posts loss, takes Boeing hit but raises forecast; CFO to leave
(Reuters) – General Electric Co (GE.N) raised its 2019 forecast on Wednesday, helped by improvement in its industrial businesses, even as its latest earnings dipped into the red after two profitable quarters, sending shares up 3 percent in premarket trading. The General Electric Co. logo is seen on the company’s corporate headquarters…
European Economy Slows, Raising Expectations of E.C.B. Action
Economic growth in countries that use the euro slowed considerably in the second quarter, adding to pressure on the European Central Bank to intercede to prevent a possible recession. The economies in the eurozone countries grew by 0.2 percent over the preceding quarter, half the 0.4 percent growth rate posted in the…
If These Walls Could Talk: A War Correspondent Revisits a Hotel of Ghosts
Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. ANTAKYA, Turkey — When I step into the narrow, dim cafe, I expect to see them sitting there on the stiff, brocade-covered chairs. I expect to hear their murmurs and arguments echoing…
U.S.-China Trade Talks End With No Deal in Sight
American and Chinese negotiators finished talks on Wednesday with little progress toward ending a trade war that has shaken the world’s economic confidence and rattled markets. Treasury Secretary Steven Mnuchin and Robert E. Lighthizer, the Trump administration’s top trade negotiator, were seen leaving trade talks on Wednesday, the Chinese state news media…
Capital One says information of over 100 million individuals in U.S., Canada hacked
(Reuters) – Capital One Financial Corp (COF.N) said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested. The suspect, a 33-year-old former Seattle technology company software engineer identified…
Amazon says cloud unit AWS not compromised in Capital One hack
FILE PHOTO: The Amazon logo at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday its cloud unit was not compromised in any way by a former employee who hacked into Capital One Financial Corp (COF.N) and obtained personal information…
Trump China broadside scuttles stocks, sterling sinks again
LONDON (Reuters) – A snarling warning from U.S. President Donald Trump ahead of trade talks with China rattled stock markets on Tuesday, as brewing no-deal Brexit worries also roughed up the pound and Irish bonds again. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S.,…