By Mike Stone WASHINGTON (Reuters) - Concerns over defects in the explosive cartridges in pilot ejection systems aboard three U.S. military aircraft, including the F-35, forced a temporary halt to some U.S. operations in order to perform checks, the Air…
MOSCOW (Reuters) -A Russian court on Thursday fined Meta Platforms Inc's WhatsApp messenger, Snapchat owner Snap Inc and other foreign firms for their alleged refusal to store the data of Russian users domestically. Moscow has clashed with Big Tech over…
By Richa Naidu and Sachin Ravikumar LONDON (Reuters) - Consumer-focused firms are seeing no shortage of demand despite the soaring cost-of-living, prompting several to upgrade sales forecasts for the current year, though questions remain about how long that will last.…
By Lisa Baertlein and Aishwarya Nair (Reuters) - United Parcel Service on Tuesday said it will not lift the number of packages it delivers for Amazon.com, its biggest customer, as it focuses on shipments with the highest financial returns. The…
By Toby Sterling and Hilary Russ AMSTERDAM/NEW YORK (Reuters) - When food delivery service Grubhub struck a deal with Amazon earlier this month, offering Prime customers a year's free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub…
By Jonathan Cable, Leika Kihara and Dan Burns LONDON/TOKYO/NEW YORK (Reuters) -The global economy looks increasingly likely to be heading into a serious slowdown, just as the highest inflation in a generation prompts central banks to aggressively reverse the ultra-loose…
By Mehnaz Yasmin and Manya Saini (Reuters) -American Express Co's quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, helping the company raise its annual revenue forecast and sending its shares 5%…
By Arathy Somasekhar and Timothy Gardner HOUSTON/WASHINGTON (Reuters) - A tanker carrying a liquid fertilizer product from Russia is about to arrive in the United States, sources and vessel tracking data showed in recent days, at a time of widespread…
(This July 19 story corrects timeframe in fifth paragraph from "a year ago" to "a quarter ago") By Hyunjoo Jin and Nivedita Balu (Reuters) - Tesla Inc's second-quarter results on Wednesday are expected to show the strains of China's COVID-19…
By Echo Wang (Reuters) - U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tightening Fed denting the corporate…