By Yuvraj Malik (Reuters) -Dow Jones Chief Financial Officer Liz O'Melia has resigned from the company after about 16 months at the role, a person familiar with the development told Reuters on Thursday. News Corp unit Dow Jones, which owns…
BUENOS AIRES (Reuters) -Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5 billion, part of a broader deal the South American country has been using to help it defend the…
(Reuters) - The highest inflation for decades and the fallout from war in Ukraine have forced companies across Europe into layoffs or hiring freezes. Here are some of the companies that have announced cuts since April: AUTOS * AUTOLIV: the…
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. equity options traders remain on edge, with much of their focus on U.S. Treasuries even as Middle East tensions persist. The Cboe Volatility Index rose 0.25 points to 17.46 on Tuesday,…
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims to boost its share of…
(Reuters) - Shares of Nikola Corp jumped 14% on Friday, a day after a short squeeze sent the electric-truck maker's shares soaring in their busiest trading session on record. The stock surged nearly 61% to a more than four-month high…
(This July 13 story has been corrected to say Gotshal, not Gotschal, in paragraph 1) By Chiara Elisei LONDON (Reuters) - Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mid-2020 in the three months to May…
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks extended recent gains to end higher on Thursday, with the Nasdaq rising more than 1% for a second straight day, as data showed the annual increase in U.S. producer inflation was…
(Reuters) - AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters. The investment valued New York-based Nomic AI, a team of four at the time, at $100 million,…
By Anna Tong SAN FRANCISCO (Reuters) - In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco. At the same time, they…
