Reuters

Subscribe to Reuters feed Reuters
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 46 sec ago

Apple cuts forecast, citing weak China sales amid trade tensions

Thu, 01/03/2019 - 09:58
Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.

For Warren Buffett, sinking Apple shares a wish come true

Thu, 01/03/2019 - 09:58
Billionaire Warren Buffett has said he would love to see Apple Inc shares decline in price so he could buy more. He is getting his wish.

Cathay Pacific makes good on first-class ticket blunder

Thu, 01/03/2019 - 09:31
Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Years Day.

Nexon founder to sell controlling stake in gaming company's holding firm: Korea Economic Daily

Thu, 01/03/2019 - 08:45
The founder of South Korean gaming company Nexon is set to sell a controlling stake worth around $9 billion in Nexon's holding firm NXC Corp, the Korea Economic Daily newspaper reported on Thursday.

Tesla cuts U.S. prices on all vehicles, shares drop

Thu, 01/03/2019 - 05:28
Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down nearly 7 percent on worries of future profitability. Analysts questioned whether the $2,000 price cut on all models signaled lower demand in the United States, and ultimately whether the move would undermine nascent profitability at the Silicon Valley

Apple cuts revenue forecast on weak China sales

Thu, 01/03/2019 - 04:51
Apple Inc on Wednesday cut its current quarter revenue forecast, citing fewer iPhone upgrades and weak sales in China.

Tesla shares drop on price cut, disappointing Model 3 deliveries

Thu, 01/03/2019 - 04:00
Shares in Tesla Inc dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for all its vehicles to offset lower green tax credits, while falling short on quarterly deliveries of its mass-market Model 3 sedan.

Google wins U.S. approval for new radar-based motion sensor

Thu, 01/03/2019 - 02:52
Alphabet Inc's Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli.

GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

Thu, 01/03/2019 - 00:59
General Motors Co hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said Wednesday.

Netflix poaches Activision's Neumann for CFO role

Thu, 01/03/2019 - 00:09
Netflix Inc said on Wednesday it had appointed media finance veteran Spencer Neumann from Activision Blizzard as its chief financial officer.

San Bernardino shooting lawsuits vs Facebook, Google, Twitter dismissed

Wed, 01/02/2019 - 22:41
A federal judge has dismissed lawsuits seeking to hold Facebook, Google and Twitter liable to victims of the December 2015 mass shooting in San Bernardino, California for letting Islamic State flourish on their social media platforms.

Netflix pulls comedy show episode in Saudi Arabia

Wed, 01/02/2019 - 22:28
Netflix withdrew an episode of the comedy show "Patriot Act with Hasan Minhaj" from its Internet streaming service in Saudi Arabia after officials of the kingdom complained, the company said on Wednesday.

Norway's electric cars zip to new record: almost a third of all sales

Wed, 01/02/2019 - 22:25
Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025.

Tesla shares fall on price cut, soft Model 3 deliveries

Wed, 01/02/2019 - 22:24
Tesla Inc shares fell 9 percent on Wednesday after the electric car maker delivered fewer-than-expected Model 3 sedans in the fourth quarter and cut prices for all its vehicles in the United States to offset a reduction in a green tax credit.

Roku to launch subscription video channels business

Wed, 01/02/2019 - 21:16
Roku Inc said on Wednesday it will begin offering premium video channels to customers for a subscription fee as it expands its free streaming video service.

Tesla produced 61,394 Model 3s in fourth quarter

Wed, 01/02/2019 - 20:45
Tesla Inc said on Wednesday it produced 61,394 Model 3s and delivered nearly 1,000 vehicles per day in the fourth quarter.

Almost a third of Norway's car sales in 2018 electric in new record

Wed, 01/02/2019 - 20:34
Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025, the independent Norwegian Road Federation said on Wednesday.

Microsoft gets green light from Qatar for global data center: QNA

Wed, 01/02/2019 - 17:59
Qatar's cabinet approved the establishment of a Microsoft global data center in the small Gulf country, state news agency QNA reported on Wednesday.

Playtech to pay 28 million euros after Israeli tax audit

Wed, 01/02/2019 - 14:36
Gambling software company Playtech will pay 28 million euros ($32.16 million) under a settlement with Israeli tax authorities following an audit of its accounts for the years from 2008 to 2017, the company said on Wednesday.

Netflix pulls comedy show episode in Saudi Arabia: media

Wed, 01/02/2019 - 12:47
Netfilx pulled an episode of the comedy show "Patriot Act with Hasan Minhaj" from its Internet streaming service in Saudi Arabia after kingdom officials complained, multiple media outlets reported Tuesday.

Pages