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By Anania Mariam Rajesh (Reuters) – Costco Wholesale beat first-quarter revenue and profit expectations on Thursday, as its bulk and discount offerings, appealing to budget-conscious U.S. shoppers, led to a surge in early holiday season sales for the membership-only retailer.…
By Suban Abdulla WORCESTER, England (Reuters) – An acute shortage of construction workers could undermine the British government’s plans to build 1.5 million homes by 2029 in England to boost economic growth. Prime Minister Keir Starmer’s Labor Party won the…
A look at the day ahead in European and global markets by Stella Kiu A flurry of interest rate cuts over the past few days, with huge 50-basis-point moves in Switzerland and Canada and 25-basis-point easing by the European Central…
(Reuters) – The U.S. Securities and Exchange Commission (SEC) this week reopened an investigation into Elon Musk’s brain startup Neuralink, according to a letter Musk shared on social media platform X on Thursday. A Dec. 12 letter from Musk’s lawyer,…
Authors: Makiko Yamazaki, Leika Kihara and Kentaro Sugiyama TOKYO (Reuters) – Japan’s small companies spend far more of their profits on wages than their larger peers and could struggle to hold onto wage increases, raising doubts about whether wage growth…
Riham Alcousa and Maria Martinez BERLIN (Reuters) – It took just hours after the fall of Bashar al-Assad for some German politicians to start suggesting it was time for Germany’s million Syrians – many of them refugees from the 2015…
By Sameer Manekar (Reuters) – Shares in data center owner and operator DigiCo Infrastructure REIT hovered around their IPO price on Friday – a muted debut after it marked Australia’s biggest listing in six years. DigiCo, whose IPO raised A$2…
Author: Nandita Bose (Reuters) – U.S. President-elect Donald Trump plans to meet Akie Abe, the widow of late Japanese Prime Minister Shinzo Abe, at a private dinner at his Florida resort on Sunday, a person familiar with the matter told…
Investing.com– The Securities and Exchange Commission is preparing new charges against Elon Musk and is also investigating Neuralink, according to a letter from Musk’s lawyer that the chairman of Tesla Inc ( NASDAQ: ) posted on Ks. In a letter…
BEIJING (Reuters) – China accused the Philippines on Friday of “provoking trouble” in the South China Sea with U.S. backing, a week after Beijing and Manila traded accusations over a fresh confrontation in the disputed waters. “The Philippine side, with…