Teva says Israel-Hamas war not hurting production, eyes growth in 2024
By Steven Scheer JERUSALEM (Reuters) -Israel-based Teva Pharmaceutical Industries, the world’s largest maker of generic drugs, said on Wednesday production…
Category: Business
Meta bars political advertisers from using generative AI ads tools
(This Nov. 6 story has been refiled to fix the reference to Snapchat’s policy on political ads, in paragraph 11)…
Peru miners say copper output could climb without impact from protests
LIMA (Reuters) – The head of Peru’s mining guild on Tuesday said that while copper mining investment might be slow…
Uber bets on holiday demand after dull third quarter
By Yuvraj Malik (Reuters) – Ride-hailing giant Uber on Tuesday predicted strong holiday-quarter demand would drive up profits more than…
Buffett’s Berkshire posts bigger loss as stocks fall; operating profit sets record
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday posted its first quarterly loss in a year as…
Amazon punished its own sellers to limit Walmart’s reach, FTC says
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) – Amazon.com Inc punished its own sellers to limit Walmart’s reach…
Amazon founder Bezos plans move to Miami from Seattle
(This Nov. 2 story has been refiled to fix a typo in paragraph 1) (Reuters) – Amazon founder Jeff Bezos…
Chinese EV upstart Nio plans to cut workforce by a tenth
SHANGHAI/BEIJING (Reuters) -China’s Nio plans to trim its workforce by 10% this month as it moves to improve efficiency and…
Oil rises nearly 3% after Fed, BoE keep rates unchanged
By Shariq Khan BENGALURU (Reuters) – Oil prices gained more than $2 a barrel on Thursday, breaking a three-day declining…
Barrick Gold beats Q3 profit estimates on higher production, lower costs
By Divya Rajagopal and Seher Dareen (Reuters) -Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the…