U.S. targets Google’s online ad business monopoly in latest Big Tech lawsuit

WASHINGTON, Jan 24 (Reuters) – The US Justice Department sued Alphabet Google (GOOGL.O) on Tuesday, accusing…

Analysis: Europe Inc earnings season a test for market optimism

LONDON, Dec 23 (Reuters) – Europe’s upcoming corporate earnings season may show whether the renewed optimism…

Gucci hits runway as fashion world awaits new designer

PARIS/MILAN, Jan 13 (Reuters) – Gucci kicked off Milan Fashion Week on Friday with messy, androgynous…

TSMC cuts 2023 capex after record Q4 as chip demand weakens

Q4 profit T$295.9 bln vs T$289.44 bln analyst outlook Fourth quarter revenue grew 26.7% to $19.93…

U.S. stocks drop on recession fears, Nasdaq closes at new bear market low

Tesla makes a profit of 3.3 percent in the waste trade Southwest Airlines falls 5.2 percent…

China’s COVID infections hit record as economic outlook darkens

China has a very good record dating back to the April explosion in Shanghai Cabinet warns…

First TVs, now tortillas: U.S. companies set minimum prices to halt discounting

NEW YORK, Nov 17 (Reuters) – Makers of everything from toys to tortillas are increasingly offering…

Musk sells Tesla shares worth $3.95 bln days after Twitter takeover

Nov 8 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk has sold $3.95 billion…

China’s COVID epicentre shifts to Guangzhou as outbreaks widen

Southern manufacturing center faces worst COVID-19 outbreak In Zhengzhou, the manufacturing base of the Apple supplier…

Exxon’s record-smashing Q3 profit nearly matches Apple’s

Oil firm breaks Wall Street forecast to make $19.7 billion profit Exxon’s fossil-fuel stakes eclipse rivals…