PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of its data and was threatening to publish it. Thales said the extortion and ransomware group had announced plans on the dark web to release the data on Nov. 7. It added that so …
France’s Thales says hackers claim to have stolen data Read More »
(Reuters) – Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of “FIFA” and “Apex Legends” struggles with this year’s surge in the U.S. dollar and a gaming industry slowdown from pandemic heights. The company now expects annual bookings – an indicator of future revenue – between $7.65 billion and $7.85 …
EA lowers bookings expectation on strong dollar, gaming slowdown Read More »
(Reuters) – Airbnb Inc forecast fourth-quarter revenue below market estimates on Tuesday, saying a strong U.S. dollar had started to pressure its business and that bookings would moderate after a bumper third quarter. The vacation rental firm expects fourth-quarter revenue between $1.80 billion and $1.88 billion, the midpoint of which missed analysts’ expectations of $1.85 …
Airbnb’s revenue forecast takes hit from strong dollar, slowing bookings Read More »
By Marie Mannes (Reuters) -Framtiden Partnerships, a shareholder of Swedish Match AB for nearly two decades, said it will not accept Marlboro maker Philip Morris International Inc’s higher offer of 116 Swedish crowns ($10.53) per share for the Swedish tobacco and nicotine products maker. Framtiden, which owns almost 1% of shares in Swedish Match, said …
Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris Read More »
(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Singh (Reuters) – After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one …
Cryptoverse: Bitcoin wants to break its bond with stocks Read More »
(Reuters) – Twitter Inc will charge $8 for its Blue service, which includes its sought-after “verified” badge, new boss Elon Musk said on Tuesday, in his push to monetize the service and make the social media network less reliant on ads. “Twitter’s current lords & peasants system for who has or doesn’t have a blue …
By Julie Ingwersen CHICAGO (Reuters) -U.S. soybean futures rose about 2% on Tuesday, buoyed by short-covering as the U.S. harvest winds down, hopes for export sales to China and uncertainty about the availability of South American supplies, traders said. Wheat futures turned higher, rallying from early declines as traders focused on uncertainty about grain shipments …
Soybeans climb on short-covering; wheat, corn also higher Read More »
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP more than doubled its third-quarter profit from a year earlier to $8.15 billion and expanded its share buybacks by $2.5 billion, joining rivals in reporting bumper profits that have sparked renewed calls for energy companies to pay more taxes. London-based BP follows the likes of …
By Anisha Sircar (Reuters) – The UK’s FTSE 100 hit its highest level in nearly six weeks on Tuesday as commodity stocks rallied ahead of a key U.S. Federal Reserve policy meeting, while oil giant BP rose as it reported bumper profits and expanded its share buyback plan. The blue-chip FTSE 100 rose 1.3% and …
UK stocks close at six-week high as commodity stocks rally Read More »
By Samuel Indyk LONDON (Reuters) – The British pound was higher against a weaker U.S. dollar on Tuesday ahead of key meetings at the Bank of England and Federal Reserve, with both central banks expected to deliver large interest rate increases. Since hitting a record low of $1.0327 in September, sterling has risen over 11% …
Sterling starts November higher, eyes on BoE, Fed meetings Read More »
