Metaverse could contribute up to 2.4% of US GDP by 2035 – study
(Reuters) - The metaverse could contribute as much as $760 billion or about 2.4% to U.S.…
Business
Amazon plans more warehouses and higher headcount in Europe
By Helen Reid BARCELONA (Reuters) - Amazon plans to open new warehouses and hire more…
Nikola to pause production, cut costs after quarterly loss
(Reuters) - Nikola Corp on Tuesday reported a bigger quarterly loss and said it would…
Airbus Jan-April deliveries fall 5%, regains lead over Boeing
PARIS (Reuters) - Airbus delivered 54 airplanes in April, bringing its total for the year…
Elon Musk and Tesla break ground on massive Texas lithium refinery
By Hyunjoo Jin and Ernest Scheyder (Reuters) -Tesla Inc on Monday broke ground on a Texas…
Biden meets Microsoft, Google CEOs on AI dangers
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden met with…
Twitter to remove idle accounts, archive them
(Reuters) -Social media platform Twitter Inc will remove accounts that have been inactive…
Biden, McCarthy aim to break US debt-ceiling standoff as default…
By David Morgan WASHINGTON (Reuters) - President Joe Biden and top Republicans and…
Wall Street ends near flat ahead of inflation data
By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl (Reuters) - U.S. stocks paused on…
Shares rise, dollar flat ahead of key U.S. inflation data
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity…
Crypto stocks drop after Binance halts bitcoin withdrawals for hours
By Jaiveer Shekhawat (Reuters) -Shares of cryptocurrency- and blockchain-related companies…
Bad News For BBQ’s: Tyson Foods Suffers Soaring Losses
Tyson Cuts Full Year Sales Estimates on High Inflation Concerns Inflation effects are…
Oil climbs over 2% as recession fears begin to fade
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 2% on Monday as U.S. recession…
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) - Ryanair is close to signing a major new aircraft order with Boeing, two…
National Retail Federation lowers US consumer good import forecast for…
By Lisa Baertlein LOS ANGELES (Reuters) - Closely watched U.S. retail trade forecasters on…
Toyota suspends sales of Yaris model in Thailand after safety test…
By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker…
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) - The dollar remained relatively…
Catalent shares tank on warning of $400 million cut to annual revenue…
(Reuters) -Catalent Inc expects to cut by more than $400 million both its full-year…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) - KKR & Co Inc said on Monday its after-tax…
Marketmind: Debt ceiling countdown
(Reuters) - A look at the day ahead in U.S. and global markets from Amanda Cooper. U.S.…
Euro zone investor morale unexpectedly dips in May
BERLIN (Reuters) - Investor morale in the euro zone took a surprising dip in May, with…
