Reuters

Reuters is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide and it's considered one of the largest news orgs in the globe.
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US economy rebounds in second quarter

U.S. economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy's health as subsiding imports accounted for the...

VIEW Reaction to new Novo Nordisk CEO, profit warning

Novo Nordisk (NOVOb.CO), opens new tab on Tuesday appointed insider Mike Doustdar as its new chief executive after the Danish obesity drug maker cut its full year outlook for the...

Oppenheimer lifts S&P 500 year-end target to Wall Street-high on trade optimism

Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index (.SPX), opens new tab to 7,100, the highest among major Wall Street...

Paramount Global says Skydance merger should close in two weeks

LOS ANGELES, July 25 (Reuters) - Paramount Global (PARA.O), opens new tab said on Friday it expects to complete its merger with Skydance Media by August...

Elon Musk’s Starlink network suffers rare global outage

Internal software failure caused global Starlink outage Outage lasted 2.5 hours, affecting tens of thousands of users Speculation on cause includes software update or cyberattack July 24...

Tesla faces difficult road ahead as it hopes robotaxis will offset declining sales

Musk promises fast robotaxi expansion, but regulatory hurdles could cause delays Tesla's core EV business faces headwinds from brand damage and loss of subsidies Investors say...

Dealmaking in US upstream oil and gas tumbles as volatility rattles investors 

Volatility in markets slows M&A in US upstream oil and gas Major deals by EOG Resources and Viper Energy dominate Q2 Future M&A may focus on...

Trump tariffs take a $1 billion bite out of GM earnings; shares fall

GM's revenue falls nearly 2% to $47 billion Shares fall about 3% in premarket trade GM maintains tariff impact of $4 billion to $5 billion for...

Flexjet valued at $4 billion after securing funding from LVMH-backed private equity firm

July 21 (Reuters) - Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a private equity...

Georgia’s tea growers work to revive an industry that collapsed with the Soviet Union

Georgia once produced the bulk of Soviet Union's tea Production fell by 99% after Soviet Union broke up Small producers focus on quality to revive niche...

Chevron closes Hess acquisition after winning Exxon legal battle

Hess takeover is one of largest energy deals in decades Chevron CEO's strategy hinged on completing acquistion Exxon says it disagrees with arbitration court decision Shares in...

Trump says Coca-Cola agreed to use real cane sugar in US

Sugar would replace high-fructose corn syrup in Coke's US market Trump's home state of Florida is top sugarcane producer RFK Jr. has been critical of high...

How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Canadian oil sands benefit from geology, technology, and cost-cutting measures Canadian oil sands have lower break-even prices than U.S. shale producers Technological advances improve efficiency and...

Exclusive: Putin, unfazed by Trump, will fight on and could take more of Ukraine

Putin will fight on until West engages with his terms, sources say Putin's appetite for territory may increase as Russia advances, sources say Trump on Monday...

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