by Reuters | May 27, 2022 | Business, Economy, Europe, Technology, UK, US
By Bianca Flowers and Joseph White BONDURANT, Iowa (Reuters) -Deere & Co has sold its tractors and other equipment to farmers for decades, but the world’s largest agriculture machinery manufacturer is tearing a page from the technology world’s playbook...
by Reuters | May 27, 2022 | Asia, Economy, Europe, Politics, UK, US
(Reuters) -Russia needs huge financial resources for its military operation in Ukraine, Finance Minister Anton Siluanov said on Friday, putting the amount of budget stimulus for the economy at 8 trillion roubles ($120 billion). Russia sent tens of thousands of troops...
by Reuters | May 27, 2022 | Business, Economy, US
By Nivedita Balu and Medha Singh (Reuters) – Snap Inc shares plunged more than 40% and sparked a sector-wide selloff on Tuesday after a profit warning from the Snapchat parent signaled tough times ahead for the once-booming digital ad industry. The company was...
by Reuters | May 27, 2022 | Business, Technology, Top News
NEW YORK (Reuters) – Billionaire Elon Musk was sued by Twitter Inc investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc mounts a $44 billion takeover bid for the social media platform....
by Reuters | May 27, 2022 | Business, Economy, Top News, US
By Stephen Culp (Reuters) – Wall Street closed sharply higher on Thursday after optimistic retail earnings outlooks and waning concerns about overly aggressive interest rate hikes by the Federal Reserve put investors in a buying mood. All three major U.S. stock...