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Facebook warns of slowdown in sales growth

Facebook beat Wall Street’s quarterly sales and profit estimates but said Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly." This report produced by Freddie Joyner.

Facebook beat Wall Street’s quarterly sales and profit estimates but said Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly." This report produced by Freddie Joyner.

Powell says recovery on track; stocks end mixed

Federal Reserve Chairman Jerome Powell on Wednesday said the U.S. economic recovery continued to "strengthen" but there was still progress needed in the labor market before the Fed would consider withdrawing monetary policy support. Stocks finished m

Federal Reserve Chairman Jerome Powell on Wednesday said the U.S. economic recovery continued to "strengthen" but there was still progress needed in the labor market before the Fed would consider withdrawing monetary policy support. Stocks finished m

Fed in a 'holding pattern' -CIO

Raymond James Chief Investment Officer Larry Adam tells Reuters' Fred Katayama Fed policymakers want to see more unemployment and manufacturing data next week before they commit to their program to taper asset purchases.

Raymond James Chief Investment Officer Larry Adam tells Reuters' Fred Katayama Fed policymakers want to see more unemployment and manufacturing data next week before they commit to their program to taper asset purchases.

Boeing posts first profit in nearly two years

Boeing posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global COVID-19 vaccinations. Conway G. Gittens has more.

Boeing posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global COVID-19 vaccinations. Conway G. Gittens has more.

McDonald’s sales surge with help from BTS

Global sales and profit for McDonald's surged past Wall Street targets on Wednesday as restaurants reopened despite staffing shortages and consumers lapped up a wildly popular celebrity meal inspired by South Korean pop band BTS.

Global sales and profit for McDonald's surged past Wall Street targets on Wednesday as restaurants reopened despite staffing shortages and consumers lapped up a wildly popular celebrity meal inspired by South Korean pop band BTS.

Pfizer raises vaccine sales forecast to $33.5 bln

Pfizer on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.

Pfizer on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.

Rio Tinto posts record earnings on iron ore surge

Rio Tinto logged a record first half performance on Wednesday, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1 billion in dividends.

Rio Tinto logged a record first half performance on Wednesday, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1 billion in dividends.

Nissan posts surprise profit, raises forecasts

Nissan posted a surprise profit in its latest quarter, helped by a weaker yen and stronger U.S. demand.

Nissan posted a surprise profit in its latest quarter, helped by a weaker yen and stronger U.S. demand.

Google parent Alphabet posts record revenue

Google parent Alphabet Inc's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online. Emily Wither has the details.

Google parent Alphabet Inc's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online. Emily Wither has the details.

Deutsche Bank, Barclays beat forecasts

Deutsche Bank beat forecasts Wednesday, with a fourth straight quarterly profit marking its longest streak in the black since 2012. Meanwhile Barclays also smashed estimates.

Deutsche Bank beat forecasts Wednesday, with a fourth straight quarterly profit marking its longest streak in the black since 2012. Meanwhile Barclays also smashed estimates.

Is Bitcoin mining bad for the environment?

US President Joe Biden has pledged to invest billions in clean energy production to drastically cut America's greenhouse gas emissions. But such efforts are being undermined by an unexpected problem: Bitcoin mining with fossil fuels.

US President Joe Biden has pledged to invest billions in clean energy production to drastically cut America's greenhouse gas emissions. But such efforts are being undermined by an unexpected problem: Bitcoin mining with fossil fuels.

Pay with Bitcoin? No thank you!

The exchange rate for Bitcoin is volatile to say the least. The cryptocurrency was originally intended as a payment method but is now seen mainly as an investment opportunity.

The exchange rate for Bitcoin is volatile to say the least. The cryptocurrency was originally intended as a payment method but is now seen mainly as an investment opportunity.

iPhone sales, China help Apple beat estimates

Apple on Tuesday (July 27) reported quarterly sales and profits that beat analyst expectations as consumers bought premium versions of its 5G iPhones and signed up for the company's subscription services. This report produced by Freddie Joyner.

Apple on Tuesday (July 27) reported quarterly sales and profits that beat analyst expectations as consumers bought premium versions of its 5G iPhones and signed up for the company's subscription services. This report produced by Freddie Joyner.

U.S. stocks snap five-day winning streak

U.S. stocks fell Tuesday, the first drop in six sessions, as investors fretted ahead of key earnings, a Federal Reserve announcement on Wednesday, and reacted negatively to Beijing's crackdown on Chinese stocks. Conway G. Gittens has the round-up.

U.S. stocks fell Tuesday, the first drop in six sessions, as investors fretted ahead of key earnings, a Federal Reserve announcement on Wednesday, and reacted negatively to Beijing's crackdown on Chinese stocks. Conway G. Gittens has the round-up.

Why UPS results worry tech investors

As Big Tech gets set to deliver their results, Systematic Ventures' Max Wolff tells Reuters' Fred Katayama that package delivery company UPS' earnings report has negative implications for tech companies that profited off home-bound consumers.

As Big Tech gets set to deliver their results, Systematic Ventures' Max Wolff tells Reuters' Fred Katayama that package delivery company UPS' earnings report has negative implications for tech companies that profited off home-bound consumers.

IMF worries vaccine leading to economic disparity

The International Monetary Fund downgraded economic prospects for emerging and lower-income economies but upgraded the outlook for richer nations with higher vaccination rates, as the global economy splinters along vaccine access. Conway G. Gittens h

The International Monetary Fund downgraded economic prospects for emerging and lower-income economies but upgraded the outlook for richer nations with higher vaccination rates, as the global economy splinters along vaccine access. Conway G. Gittens h

UPS revenue surges but shares drop sharply

United Parcel Service beat Wall Street estimates for second-quarter profit and revenue on Tuesday, but shares dropped as domestic revenue growth fell short of targets.

United Parcel Service beat Wall Street estimates for second-quarter profit and revenue on Tuesday, but shares dropped as domestic revenue growth fell short of targets.

GE lifts cash flow target on recovery hopes

General Electric on Tuesday lifted its free cash flow forecast for the year after unexpectedly reporting positive cash flow in the second quarter as industrial orders and revenue returned to growth.

General Electric on Tuesday lifted its free cash flow forecast for the year after unexpectedly reporting positive cash flow in the second quarter as industrial orders and revenue returned to growth.

Explosion rocks German chemicals site

One person is dead and four are missing after an explosion rocked an industrial park in the western German city of Leverkusen on Tuesday.

One person is dead and four are missing after an explosion rocked an industrial park in the western German city of Leverkusen on Tuesday.

UK judges reopen $7 bln BHP suit over dam burst

Judges in the UK have reopened a near-$7 billion lawsuit against BHP over the 2015 collapse of a dam in Brazil that left 19 dead and obliterated villages.

Judges in the UK have reopened a near-$7 billion lawsuit against BHP over the 2015 collapse of a dam in Brazil that left 19 dead and obliterated villages.

Purdue's creditors back bankruptcy plan

OxyContin maker Purdue Pharma said on Tuesday that creditors voted in favor of a reorganization plan that would provide billions of dollars to the governments that sued the company for its role in the U.S. opioid crisis. Matthew Laratonda reports

OxyContin maker Purdue Pharma said on Tuesday that creditors voted in favor of a reorganization plan that would provide billions of dollars to the governments that sued the company for its role in the U.S. opioid crisis. Matthew Laratonda reports

Boeing jets emissions data shows green challenge

Every jet made by Boeing last year will produce an average 1 million tonnes of carbon dioxide over its lifetime, according to new data from the planemaker, highlighting the scale of the challenge for the industry in reducing its climate impact.

Every jet made by Boeing last year will produce an average 1 million tonnes of carbon dioxide over its lifetime, according to new data from the planemaker, highlighting the scale of the challenge for the industry in reducing its climate impact.

Logitech sales up 66% on work-from-home activity

Computer peripherals maker Logitech said on Tuesday it was seeing no let-up in demand from stay-at-home workers. Ciara Lee reports

Computer peripherals maker Logitech said on Tuesday it was seeing no let-up in demand from stay-at-home workers. Ciara Lee reports

Starbucks quits S. Korea tie-up valued at $2 bln+

Starbucks is pulling out of its joint venture in South Korea, which is valued at over $2 billion, without giving any reason for the move.

Starbucks is pulling out of its joint venture in South Korea, which is valued at over $2 billion, without giving any reason for the move.

Bezos offers NASA $2 billion to build moon lander

Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in NASA costs if the U.S. space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the

Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in NASA costs if the U.S. space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the

Tesla beats analyst estimates, delays Semi launch

Electric carmaker Tesla Inc on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. This report produced by Chris Dignam.

Electric carmaker Tesla Inc on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. This report produced by Chris Dignam.

Wall Street rises to record highs

Wall Street’s major indexes eked out record closing highs on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept the market in check.

Wall Street’s major indexes eked out record closing highs on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept the market in check.

Fed will claim inflation is 'not a big deal' -CIO

As Federal Reserve officials get set to meet this week, Kramer Capital Research's Hilary Kramer tells Reuters' Fred Katayama policymakers will overlook the "serious" labor shortage issue that could put upward pressure on inflation.

As Federal Reserve officials get set to meet this week, Kramer Capital Research's Hilary Kramer tells Reuters' Fred Katayama policymakers will overlook the "serious" labor shortage issue that could put upward pressure on inflation.

Hasbro revenue jumps as TV, film business rebounds

Toymaker Hasbro posted a better-than-expected 54% jump in quarterly revenue, helped by rising demand for its "Dungeons & Dragons" tabletop game, while its film and television production unit rebounded after a year of pandemic-led shutdowns.

Toymaker Hasbro posted a better-than-expected 54% jump in quarterly revenue, helped by rising demand for its "Dungeons & Dragons" tabletop game, while its film and television production unit rebounded after a year of pandemic-led shutdowns.

Mixed Astra-Pfizer COVID shot 'boosts antibodies'

A mixed vaccination of first AstraZeneca and then a Pfizer COVID-19 shot boosted neutralizing antibody levels by six times compared with two AstraZeneca doses, a study from South Korea showed.

A mixed vaccination of first AstraZeneca and then a Pfizer COVID-19 shot boosted neutralizing antibody levels by six times compared with two AstraZeneca doses, a study from South Korea showed.

After $4 billion in losses, Heathrow says open up

London's Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery fell behind hubs elsewhere in Europe. Ciara Lee reports

London's Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery fell behind hubs elsewhere in Europe. Ciara Lee reports

Philips beats forecasts, but recall costs weigh

Philips beat forecasts in the second quarter, but the healthcare firm faces a growing bill to repair and replace faulty ventilators.

Philips beat forecasts in the second quarter, but the healthcare firm faces a growing bill to repair and replace faulty ventilators.

Ryanair ups passenger forecast as bookings surge

Ryanair has nudged up its forecast for passenger numbers this year after a surge in summer bookings, but it says fares remain well below pre-crisis levels.

Ryanair has nudged up its forecast for passenger numbers this year after a surge in summer bookings, but it says fares remain well below pre-crisis levels.

Bitcoin leaps 12% to test recent peaks

Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround. Ciara Lee reports

Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround. Ciara Lee reports

Twitter, Snap shares jump on solid results

Shares of Twitter rose 3 percent and Snap Inc., the parent of Snapchat, soared nearly 20 percent in early Friday trading after both companies beat sales and user growth targets. Conway G. Gittens takes a look at both social media companies.

Shares of Twitter rose 3 percent and Snap Inc., the parent of Snapchat, soared nearly 20 percent in early Friday trading after both companies beat sales and user growth targets. Conway G. Gittens takes a look at both social media companies.

Credit law changes forces early closure of Salvation Army’s Good Shop

The pilot project was designed to help vulnerable Kiwis access interest free loans.

The pilot project was designed to help vulnerable Kiwis access interest free loans.

LG upgrades its wearable air purifier with a built-in mic and speaker

Outfitted with three fans and a pair of HEPA-style filters, the company touted the creation as a superior alternative to traditional masks.

Outfitted with three fans and a pair of HEPA-style filters, the company touted the creation as a superior alternative to traditional masks.

U.S. buys 200 mln more doses of Pfizer vaccine

Pfizer and BioNTech said Friday the U.S. had purchased 200 million additional doses of their COVID-19 vaccine and had the option to buy an updated version of the vaccine targeting new variants.

Pfizer and BioNTech said Friday the U.S. had purchased 200 million additional doses of their COVID-19 vaccine and had the option to buy an updated version of the vaccine targeting new variants.

German railways put flood damage at $1.5 billion

German railway operator Deutsche Bahn says the floods that hit the country have left it with a repair bill of about $1.5 billion, and it doesn't look like insurance will cover much of it.

German railway operator Deutsche Bahn says the floods that hit the country have left it with a repair bill of about $1.5 billion, and it doesn't look like insurance will cover much of it.

Tech stocks lift Wall Street

Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks.

Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks.

Mercedes hits accelerator in e-car race with Tesla

Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts. Conway G. Gittens has more.

Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts. Conway G. Gittens has more.

The 'big mistakes' with bonds -advisor

As the 10-year Treasury hovers below 1.3%, Matson Money CEO Mark Matson tells Reuters' Fred Katayama that the threat of inflation is "real" and that investors should avoid long-term bonds and junk bonds.

As the 10-year Treasury hovers below 1.3%, Matson Money CEO Mark Matson tells Reuters' Fred Katayama that the threat of inflation is "real" and that investors should avoid long-term bonds and junk bonds.

Revenues rebound at American, Southwest

The return of domestic leisure travel in the U.S. pushed quarterly sales at American Airlines and Southwest up by more than 300 percent each, fueling hopes the industry could return to profitability this year. Conway G. Gittens has more.

The return of domestic leisure travel in the U.S. pushed quarterly sales at American Airlines and Southwest up by more than 300 percent each, fueling hopes the industry could return to profitability this year. Conway G. Gittens has more.

ECB pledges low rates but warns about Delta

The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the Delta variant of the coronavirus posed a risk to the euro zone's recovery.

The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the Delta variant of the coronavirus posed a risk to the euro zone's recovery.

Testing kits drive Roche sales higher

Sales of COVID-19 tests helped drive a sales rebound at Swiss drugmaker Roche in the first half.

Sales of COVID-19 tests helped drive a sales rebound at Swiss drugmaker Roche in the first half.

Unilever beats forecasts, but inflation a worry

Unilever warned on Thursday that surging commodity costs would squeeze its full-year operating margin, overshadowing strong second-quarter sales growth fueled by the easing of pandemic-related curbs in many of its markets.

Unilever warned on Thursday that surging commodity costs would squeeze its full-year operating margin, overshadowing strong second-quarter sales growth fueled by the easing of pandemic-related curbs in many of its markets.

Hyundai Motor Q2 net profit soars

South Korea's Hyundai Motor turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin sport-utility vehicles and its premium Genesis cars.

South Korea's Hyundai Motor turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin sport-utility vehicles and its premium Genesis cars.

Tesla likely to take bitcoin again soon - Musk

Tesla is likely to start taking bitcoin again, as long as it sees signs the e-coin is becoming more environmentally sustainable, says company boss Elon Musk.

Tesla is likely to start taking bitcoin again, as long as it sees signs the e-coin is becoming more environmentally sustainable, says company boss Elon Musk.

Bezos faces backlash for comments on Amazon workers

A labor union president blasted Jeff Bezos after the Amazon founder and the world's richest man thanked Amazon workers for funding his trip to space aboard his company Blue Origin's New Shepard launch vehicle.

A labor union president blasted Jeff Bezos after the Amazon founder and the world's richest man thanked Amazon workers for funding his trip to space aboard his company Blue Origin's New Shepard launch vehicle.

Wall Street extends rally on strong earnings

Wall Street advanced on Wednesday for the second straight day, as strong corporate earnings and renewed optimism about the U.S. economic recovery stoked investor risk appetite.

Wall Street advanced on Wednesday for the second straight day, as strong corporate earnings and renewed optimism about the U.S. economic recovery stoked investor risk appetite.

Buy 'new tech,' not FAANGs -George Ball

Sanders Morris Harris CEO George Ball tells Reuters' Fred Katayama the mega-cap tech stocks known as "FAANG" are overpriced. He names some "new tech" stocks that he says offer great upside potential with less downside risk.

Sanders Morris Harris CEO George Ball tells Reuters' Fred Katayama the mega-cap tech stocks known as "FAANG" are overpriced. He names some "new tech" stocks that he says offer great upside potential with less downside risk.

JPMorgan grants CEO 1.5 mln stock option to stay

Jamie Dimon, one of Wall Street's best-paid CEOs, received a huge incentive of 1.5 million stock options to remain CEO of JPMorgan Chase for the foreseeable future. Conway G. Gittens has the details

Jamie Dimon, one of Wall Street's best-paid CEOs, received a huge incentive of 1.5 million stock options to remain CEO of JPMorgan Chase for the foreseeable future. Conway G. Gittens has the details

Chipotle shares jump after profit crushes estimates

Shares of Chipotle Mexican Grill jumped to a record high Wednesday after the burrito chain beat estimates for earnings and comparable quarterly sales. But it warned that higher beef and freight costs will offset the benefit of menu price hikes in the

Shares of Chipotle Mexican Grill jumped to a record high Wednesday after the burrito chain beat estimates for earnings and comparable quarterly sales. But it warned that higher beef and freight costs will offset the benefit of menu price hikes in the

Coke lifts full-year forecasts on sales rise

Coca-Cola raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums. Conway G.

Coca-Cola raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums. Conway G.

Gender-equal 'The Hundred' aims to revive cricket

The Hundred, a new cricket competition that aims to put gender equality at its heart, launches Wednesday. As Francis Maguire reports, the England and Wales Cricket Board has invested heavily in the competition, which it hopes will attract new, younge

The Hundred, a new cricket competition that aims to put gender equality at its heart, launches Wednesday. As Francis Maguire reports, the England and Wales Cricket Board has invested heavily in the competition, which it hopes will attract new, younge

Tesla to open charging network to other EVs

Tesla is set to allow other brands' EVs to use its network of charging stations.

Tesla is set to allow other brands' EVs to use its network of charging stations.

Daimler sees chip shortage extending into 2022

A global shortage of semiconductors will dent car sales in the second half of 2021 and the problem will extend into 2022, Mercedes-Benz maker Daimler said on Wednesday, though it left unchanged its profit margin outlook for this year.

A global shortage of semiconductors will dent car sales in the second half of 2021 and the problem will extend into 2022, Mercedes-Benz maker Daimler said on Wednesday, though it left unchanged its profit margin outlook for this year.

Novartis tops forecasts as crisis impact eases

Novartis beat forecasts in the second quarter as disruption from the pandemic eased.

Novartis beat forecasts in the second quarter as disruption from the pandemic eased.

Netflix to add mobile games as streaming slows

Netflix Inc said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home. Bryan Wood reports

Netflix Inc said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home. Bryan Wood reports

Wall Street rallies on renewed economic optimism

Wall Street ended sharply higher on Tuesday, bouncing back from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.

Wall Street ended sharply higher on Tuesday, bouncing back from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.

Fed could derail the rally -trader

As the market bounces back sharply Tuesday from Monday's big sell-off, Vespula Capital's Jeff Tomasulo tells Reuters' Fred Katayama investors won't stop buying the dips until the Federal Reserve tightens its policy.

As the market bounces back sharply Tuesday from Monday's big sell-off, Vespula Capital's Jeff Tomasulo tells Reuters' Fred Katayama investors won't stop buying the dips until the Federal Reserve tightens its policy.

U.S. housing starts rise in June

U.S. homebuilding increased more than expected in June, as low rates and a migration from cities boosted demand for housing.

U.S. homebuilding increased more than expected in June, as low rates and a migration from cities boosted demand for housing.

Electric vehicle sales treble at VW

Volkswagen says sales of electric vehicles almost trebled over the first half of the year, mostly driven by strong demand in Europe.

Volkswagen says sales of electric vehicles almost trebled over the first half of the year, mostly driven by strong demand in Europe.

Ben & Jerry's sparks Israel ire with pullout

Ben & Jerry's faces a backlash in Israel after saying it would no longer sell its products in the occupied Palestinian territories - a move Israeli PM Naftali Bennett called 'morally wrong'.

Ben & Jerry's faces a backlash in Israel after saying it would no longer sell its products in the occupied Palestinian territories - a move Israeli PM Naftali Bennett called 'morally wrong'.

Brewers betting on market for zero-alcohol beers

While many drinkers may celebrate the easing of pandemic restrictions with a beer or glass of wine, the world's biggest brewers will be urging them to try new zero alcohol lagers. This report produced by Freddie Joyner.

While many drinkers may celebrate the easing of pandemic restrictions with a beer or glass of wine, the world's biggest brewers will be urging them to try new zero alcohol lagers. This report produced by Freddie Joyner.

EasyJet boosts summer capacity as travel returns

EasyJet plans to fly 60% of its pre-crisis capacity this summer as restrictions ease and travel demand returns.

EasyJet plans to fly 60% of its pre-crisis capacity this summer as restrictions ease and travel demand returns.

Wall Street plunges as Delta variant sparks fears

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.

Delta variant is the 'primary driver' -CIO

Comerica Wealth Management Chief Investment Officer John Lynch tells Reuters' Fred Katayama the tripling of COVID-19 cases in the U.S. in the past month sparked Monday's sell-off, but he says there's no reason for investors to panic.

Comerica Wealth Management Chief Investment Officer John Lynch tells Reuters' Fred Katayama the tripling of COVID-19 cases in the U.S. in the past month sparked Monday's sell-off, but he says there's no reason for investors to panic.

Robinhood seeks up to $35 bln valuation

Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a filing on Monday, setting the stage for one of the most highly anticipated stock market listings of the

Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a filing on Monday, setting the stage for one of the most highly anticipated stock market listings of the

Visitors to UK dismayed by new quarantine rules

Travellers about to board a train from Paris to London on the day a requirement to quarantine in Britain was due to lapse were very upset on Monday (July 19) by a last-minute decision to maintain it.

Travellers about to board a train from Paris to London on the day a requirement to quarantine in Britain was due to lapse were very upset on Monday (July 19) by a last-minute decision to maintain it.

EU okays KLM bailout after court veto

EU regulators have approved state aid for KLM, months after the support was initially vetoed by European courts.

EU regulators have approved state aid for KLM, months after the support was initially vetoed by European courts.

Ocado shares fall after new robot warehouse fire

Ocado shares tumbled Monday morning after another fire at one of its robot warehouses, but the UK firm says the incident doesn't cast any doubt on its business selling advanced automated logistics to supermarkets.

Ocado shares tumbled Monday morning after another fire at one of its robot warehouses, but the UK firm says the incident doesn't cast any doubt on its business selling advanced automated logistics to supermarkets.

LVMH-backed fund to buy 60% of Etro: Sources

L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday.

L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday.

Oil under pressure after OPEC agrees output boost

Oil prices fell Monday after a weekend deal by OPEC nations to boost output.

Oil prices fell Monday after a weekend deal by OPEC nations to boost output.

J&J may file bankruptcy for talc products -sources

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.

Xiaomi overtakes Apple as no. 2 smartphone maker

Xiaomi has overtaken Apple as the number two maker of smartphones, behind Samsung, but the Chinese brand has a way to go to catch the Silicon Valley giant on selling prices.

Xiaomi has overtaken Apple as the number two maker of smartphones, behind Samsung, but the Chinese brand has a way to go to catch the Silicon Valley giant on selling prices.

Nasdaq drops as investors sell Big Tech

The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies.

The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies.

Warning signs for the market rally -analyst

Thomson Reuters Stocks Buzz Analyst Terence Gabriel tells Reuters' Fred Katayama indicators suggest the U.S. equity markets are at risk of a pullback.

Thomson Reuters Stocks Buzz Analyst Terence Gabriel tells Reuters' Fred Katayama indicators suggest the U.S. equity markets are at risk of a pullback.

Bezos vs. Branson: whose space flight is cooler?

Jeff Bezos may have been beaten to space by rival Richard Branson, but the billionaire American is poised to make history next week with his suborbital flight with an all-civilian crew, begging the question: whose space experience is cooler?

Jeff Bezos may have been beaten to space by rival Richard Branson, but the billionaire American is poised to make history next week with his suborbital flight with an all-civilian crew, begging the question: whose space experience is cooler?

J&J recalls sunscreens after carcinogen found in some sprays

Johnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.

Johnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.

Morgan Stanley beats as investment fees surge

Morgan Stanley reported a better-than-expected quarterly profit on Thursday, as its investment banking business benefited from record levels of capital market activity that helped offset a slump in fixed income trading. Conway G.

Morgan Stanley reported a better-than-expected quarterly profit on Thursday, as its investment banking business benefited from record levels of capital market activity that helped offset a slump in fixed income trading. Conway G.

Beyond Meat launches store in China

Beyond Meat said on Thursday it has launched an online store in China on JD.com's ecommerce platform, as the plant-based meatmaker aims to boost sales in the world's biggest meat market.

Beyond Meat said on Thursday it has launched an online store in China on JD.com's ecommerce platform, as the plant-based meatmaker aims to boost sales in the world's biggest meat market.

Uniqlo owner trims profit outlook amid new curbs

Uniqlo-owner Fast Retailing has cut its profit outlook for the year, saying new virus curbs in Japan and elsewhere are slowing customer traffic.

Uniqlo-owner Fast Retailing has cut its profit outlook for the year, saying new virus curbs in Japan and elsewhere are slowing customer traffic.

Sydney Airport rejects $17 bln buyout proposal

Sydney Airport Holdings said on Thursday it would reject a A$22.26 billion ($16.6 billion) takeover proposal from a group of infrastructure funds, the biggest of a frenzy of Australian deals fueled by record-low interest rates.

Sydney Airport Holdings said on Thursday it would reject a A$22.26 billion ($16.6 billion) takeover proposal from a group of infrastructure funds, the biggest of a frenzy of Australian deals fueled by record-low interest rates.

U.S. regulator sues Amazon over dangerous goods

U.S. regulators are suing Amazon to force it to recall hundreds of hazardous goods that it distributed on its platform.

U.S. regulators are suing Amazon to force it to recall hundreds of hazardous goods that it distributed on its platform.

Daimler earnings beat analyst forecasts

Mercedes-Benz maker Daimler on Thursday reported preliminary adjusted group earnings before interest and tax (EBIT) of 5.42 billion euros ($6.42 billion) for the second quarter, with car and truck divisions beating analyst targets.

Mercedes-Benz maker Daimler on Thursday reported preliminary adjusted group earnings before interest and tax (EBIT) of 5.42 billion euros ($6.42 billion) for the second quarter, with car and truck divisions beating analyst targets.

China's economic growth slows in second quarter

China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.

China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.

S&P ends higher after Powell calms the market

The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.

The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.

Delta Air swings to profit as travel rebounds

Delta Air Lines swung back to profit over the latest quarter as travel demand picked up.

Delta Air Lines swung back to profit over the latest quarter as travel demand picked up.

U.S. annual producer inflation hits 10-year high

U.S. producer prices surged in June, leading to the largest annual gain in more than 10-1/2 years, suggesting inflation could remain high as robust demand fueled by the economy's recovery from the COVID-19 pandemic strains the supply chain. Conway G

U.S. producer prices surged in June, leading to the largest annual gain in more than 10-1/2 years, suggesting inflation could remain high as robust demand fueled by the economy's recovery from the COVID-19 pandemic strains the supply chain. Conway G

EU proposes ban on new fossil-fuel car sales from 2035

The European Union on Wednesday proposed an effective ban on the sale of new petrol and diesel cars as of 2035 which, as part of a broad climate package, will accelerate a switch to zero-emission electric vehicles.

The European Union on Wednesday proposed an effective ban on the sale of new petrol and diesel cars as of 2035 which, as part of a broad climate package, will accelerate a switch to zero-emission electric vehicles.

Euro zone factory output drop worse than feared

Euro zone industrial output dropped more than expected in May, as output of food and clothes slowed.

Euro zone industrial output dropped more than expected in May, as output of food and clothes slowed.

Residents arm themselves against S. African looters

In South Africa's Durban, some residents are defending their neighborhoods with guns and baseball bats amid widespread looting and violence. David Doyle has more.

In South Africa's Durban, some residents are defending their neighborhoods with guns and baseball bats amid widespread looting and violence. David Doyle has more.

Nike loses fight against probe into Dutch tax deal

U.S. sportswear maker Nike on Wednesday lost its fight to stop a probe into its Dutch tax affairs, as Europe's second-highest court backed an EU investigation opened two years ago.

U.S. sportswear maker Nike on Wednesday lost its fight to stop a probe into its Dutch tax affairs, as Europe's second-highest court backed an EU investigation opened two years ago.

UK inflation jumps to 2.5%, 3-year high

UK inflation jumped to a 3-year high of 2.5% in June, putting the focus on the Bank of England's plan to keep its huge stimulus program in place.

UK inflation jumped to a 3-year high of 2.5% in June, putting the focus on the Bank of England's plan to keep its huge stimulus program in place.

Can Reddit’s silver “apes” beat the market?

Inspired by Reddit forum WallStreetBets, a 122,000-strong community of silver ‘stackers’ –people who buy silver bars and coins for protection from a coming age of inflation – is growing. Some hope to corner the market and bring down what they say is

Inspired by Reddit forum WallStreetBets, a 122,000-strong community of silver ‘stackers’ –people who buy silver bars and coins for protection from a coming age of inflation – is growing. Some hope to corner the market and bring down what they say is

S&P 500, Nasdaq end down after hitting new heights

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session.

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session.

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