[ad_1] (Reuters) – Verizon Communications Inc on Thursday beat second-quarter profit estimates, adding far more net monthly phone subscribers than expected as the largest U.S. mobile carrier steps up efforts to deploy its next-generation 5G
India grants infrastructure project status to $10-billion hyperloop plan
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[ad_1] MUMBAI (Reuters) – Maharashtra has granted infrastructure project status for a $10-billion plan to build the world’s first ultra-fast hyperloop project, aiming to link the financial hub of Mumbai with the neighbouring city of
Global Markets: Mind your backs, dollar coming through!
[ad_1] LONDON (Reuters) – The dollar charged to its highest in more than two years on Thursday, trampling almost everything in its way, after the Federal Reserve dampened hopes for a lengthy run of U.S.
Bombardier posts loss, lowers 2019 profit forecast as rail woes persist
[ad_1] (Reuters) – Bombardier Inc on Thursday lowered its full-year core earnings and free cash flow forecasts, and reported a quarterly loss, as the Canadian plane and train maker wrestles with challenges in its important
Chinese billionaire indicted in U.S. for alleged $1.8 billion aluminum tariff evasion
[ad_1] WASHINGTON/NEW YORK (Reuters) – A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs by smuggling huge amounts
Siemens points to deteriorating demand as profit falls
[ad_1] MUNICH, Germany (Reuters) – Siemens said on Thursday deteriorating demand from automotive and machine building firms hit its third-quarter profit, becoming the latest industrial company to warn about a weaker environment hitting its business.
China sees intensive contact with U.S. this month ahead of September trade talks
[ad_1] BEIJING (Reuters) – Chinese and U.S. working teams will be in intensive contact this month to prepare “good groundwork” for the next round of face-to-face trade talks in September, the commerce ministry said on
Oil slips 1% after Fed signals no more rate cuts, U.S. output gains
[ad_1] TOKYO (Reuters) – Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended
Thomson Reuters sales rise 9%, raises outlook
[ad_1] FILE PHOTO: The Thomson Reuters logo is seen on the company building in Times Square, New York, U.S., January 30, 2018. REUTERS/Andrew Kelly/File Photo (Reuters) – Thomson Reuters Corp (TRI.TO) (TRI.N) on Thursday reported
Gold slips to two-week low as Fed dashes hopes of more rate cuts
[ad_1] (Reuters) – Gold prices dropped to two-week lows on Thursday after the U.S. Federal Reserve cut rates by 25 basis points as expected but tampered market expectations of a lengthy easing cycle, lifting the