Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:53
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:19
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:19
IMF Chief Reassures on Debt Deal; Roubini Sees Risk: Qatar Forum
The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt
2023-05-24 20:15
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:58
Israel Passes Budget With Big Grants to Ultra-Orthodox
Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements
2023-05-24 19:47
House to vote on blocking Biden's student loan forgiveness program
The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.
2023-05-24 19:22
Kohl's maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday,
2023-05-24 19:20
Meta Loses Court Fight Over EU Hunt for Antitrust Evidence
Meta Platforms Inc. lost a court fight with European Union regulators who demanded vast amounts of data to
2023-05-24 18:48
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:25
Record Dividends No Match for Recession Woes Gripping Market
Even record dividends aren’t tempting investors enough to bet on stocks they see as more vulnerable in a
2023-05-24 18:21
Ericsson Cleared by Nasdaq Stockholm in Iraq Insider Case
Nasdaq Stockholm cleared Ericsson AB of any violations regarding the Swedish telecom company’s disclosure of a probe into
2023-05-24 17:55