By Francois Murphy VIENNA (Reuters) -The U.N. nuclear watchdog’s Board of Governors will hold an emergency meeting on Thursday at the request of both Ukraine and Russia to discuss attacks on the Zaporizhzhia Nuclear Power Plant, after the enemies accused each other of drone attacks. The International Atomic Energy Agency has said drones struck the…
By Granth Vanaik (Reuters) – Shares of Instacart rose more than 10% in premarket trading on Wednesday as strong demand for grocery delivery and promising signs of growth in its advertising business helped the company forecast an upbeat current quarter. The San Francisco-based company has seen its stock claw back its value, after falling over…
The company is behind several crypto-focused ETFs.
(Reuters) – Anglo American was pressed by key shareholders including BlackRock to extend talks with BHP Group over its proposed 38.6 billion pound ($49.18 billion) mining merger, the Financial Times reported on Saturday. BHP, the world’s biggest listed mining group, now has until May 29 to make a firm bid for Anglo American or it…
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world’s second-biggest cryptocurrency, while bitcoin also approached a record high. Ether, which underpins the ethereum blockchain network, was 8% higher on the day…
Why did Krispy Kreme jump 37% on a random Wednesday morning? The meme stock crowd is at it again, but history suggests this sugar rush won’t last.
By David Lawder WASHINGTON (Reuters) – A policy group led by the United Steelworkers union and domestic manufacturers is calling for the U.S. to enact stronger trade barriers to Chinese imports after President Joe Biden imposed steep tariffs on Chinese electric vehicles, solar panels and other strategic goods. The Alliance for American Manufacturing (AAM) on…
(Reuters) – Southwest Airlines’ shares rose about 7% in premarket trade on Monday after the Wall Street Journal reported that activist investor Elliott Investment Management had built a nearly $2 billion stake in the U.S. carrier. According to the Journal’s report on Sunday, Elliott is one of Southwest’s largest investors and plans to push for…
MEXICO CITY (Reuters) -Walmart’s Mexico and Central America unit posted a 9.3% year-on-year climb in its second-quarter net profit on Wednesday, as its sales and in-store traffic grew. Net profit reached 12.51 billion pesos ($684.12 million), from revenues up 6.4% to 225.75 billion pesos, the company said in a statement. Same-store sales in the quarter…
By Rajesh Kumar Singh and David Shepardson CHICAGO/WASHINGTON (Reuters) -Delta Air Lines said on Thursday it is pursuing legal claims against CrowdStrike and Microsoft after a global outage last month caused mass flight cancellations, disrupting travel plans of 1.3 million customers and costing it at least $500 million. A software update last month by global…
