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Economy

IMF raises Ethiopia’s international reserves target after first review

NAIROBI (Reuters) – The International Monetary Fund has raised Ethiopia’s net international reserves target to facilitate payments of upcoming hard currency bills,…
Stock

Thomson Reuters shares surge 21% as Q3 earnings top estimates, guidance raised

TORONTO – Thomson Reuters (TSX/NYSE: NYSE:TRI) reported better-than-expected third quarter results and raised its full-year organic revenue growth outlook, sending shares soaring…
Stock

Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers

By Chris Kirkham (Reuters) – When Reuters reported in April that Tesla (NASDAQ:TSLA) had scrapped plans for a long-promised, next-generation $25,000 electric…
Stock

Burger King parent Restaurant Brands misses sales estimates on muted demand

(Reuters) -Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger…
Stock

Bernstein lifts eBay rating to “Outperform,” citing an “improved growth profile”

Investing.com – Shares in eBay (NASDAQ:EBAY) edged higher on Tuesday after analysts at Bernstein upgraded their rating of the e-commerce group to “Outperform”…
Investing

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.  Stern, the president of…
Investing

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call…
Investing

TGI Fridays operator files for Chapter 11 bankruptcy amid financial woes

TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with…
Economy

US counties Wall Street will be watching closely on election night

By Pete Schroeder WASHINGTON (Reuters) -With Republican Donald Trump and Democrat Kamala Harris locked in a dead heat in the race for…
Economy

BOJ to raise rates again most likely in January, says ex-policymaker

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is likely to raise interest rates in coming months…
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