Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:53
Snowflake Plunges as Sales Forecast Miss Signals Cloud Woes
Snowflake Inc. gave a sales outlook for the current quarter that fell short of expectations, suggesting that many
2023-05-25 17:28
US, South Korea Start Live-Fire Drills Set to Anger North
The US and South Korea began their largest-ever live-fire drills near the border with North Korea, which has
2023-05-25 17:17
Nvidia Forecast Shows How AI Frenzy Is Transforming Chip Sector
Nvidia Corp., the world’s most valuable chipmaker, forecast sales that blew past analysts estimates, showing how booming demand
2023-05-25 16:55
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:20
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:18
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:56
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
2023-05-25 11:54
Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed
2023-05-25 11:48
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 11:15
Vietnam EV Maker Recalls Some US SUVs Due to Software Error
Vietnam’s electric vehicle maker VinFast is recalling some of its first vehicles sold in the US because of
2023-05-25 08:45
US AAA Credit Rating May Be Cut by Fitch on Debt-Limit Impasse
Fitch Ratings said it may downgrade US credit ratings to reflect the worsening political partisanship that’s preventing a
2023-05-25 07:57