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
EU Blocks More Than €200 Billion in Russian Central Bank Assets
The European Union has immobilized more than €200 billion ($215 billion) in Russian central bank assets since Moscow
2023-05-25 17:28
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:19
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
Deaths Soar on Everest After Record Number of Climbers Attempt Summit
The latest climbing season on Mount Everest, the world’s highest peak, is set to become one of the
2023-05-25 16:59
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:57
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
Iran says it has successfully test-launched ballistic missile
DUBAI (Reuters) -Iran successfully test-launched a ballistic missile with a potential 2,000-km range on Thursday, state media said, two days
2023-05-25 16:53
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
2023-05-25 16:26
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
Pakistan slashes provisional GDP growth to 0.29% for 2022-23
ISLAMABAD Pakistan lowered its GDP growth forecast for the current fiscal year, ending June 30, to 0.29% from
2023-05-25 15:26