(Corrects to add dropped word ‘to’ in third paragraph) By Byron Kaye SYDNEY (Reuters) -Some age-checking applications collect too much data and no product works 100% of the time, but using software to enforce a teenage social media ban can work in Australia, the head of the world’s biggest trial of the technology said on …
Australia social media teen ban software trial organisers say the tech works Read More »
By Georgina McCartney HOUSTON (Reuters) -Israel’s surprise attack on Iran last week had oil prices spiking which sent U.S. producers scrambling to lock in the price gain, driving record hedging volumes that will help shield them from future price swings. West Texas Intermediate crude futures rose further this week, closing on Friday at around $75 …
Oil hedging volumes hit new records as US producers rush to lock in soaring prices Read More »
By Gabriel Burin and Noe Torres (Reuters) -Mexico’s central bank is expected to cut its key interest rate by half a percentage point again in its announcement next week, although it would moderate the pace of monetary tightening going forward amid rising inflation and weak economic growth. According to a Reuters poll released on Friday, …
Bank of Mexico seen cutting key rate by 50 basis points next week Read More »
(Corrects paragraph 1 to clarify that Apollo Global is a private capital group, not just a private equity firm. The error also appeared in Update 1 and a corrected Update 2) (Reuters) -Apollo Global will provide 4.5 billion pounds ($6.08 billion) in financing to support Britain’s long-delayed Hinkley Point nuclear project, the U.S. private capital …
Apollo to fund UK’s Hinkley Point nuclear project with $6 billion loan Read More »
(Reuters) -Darden Restaurants forecast annual same-store sales above estimates after strong quarterly results on Friday, banking on demand driven by food delivery and advertising efforts at its casual dining chains such as Olive Garden. The company also announced a new $1 billion share repurchase program and revealed plans to explore strategic alternatives for its Bahama …
Darden expects strong annual sales, posts upbeat quarter on casual dining demand Read More »
By Akash Sriram and Abhirup Roy (Reuters) -Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is tentatively set to start on Sunday, according to posts and email screenshots on social media. The invitations said a Tesla employee will accompany …
Tesla invites select few to Texas robotaxi trial with front seat safety monitors Read More »
(Reuters) -A measure of future U.S. economic activity fell in May for the sixth straight month and triggered a recession signal, held down by consumer pessimism, weak new orders for manufactured goods, an uptick in jobless benefits claims and a drop in building permit applications. The Conference Board’s Leading Economic Index fell by 0.1% to …
US leading indicators slip in May, triggering recession signal, Conference Board says Read More »
By Tatiana Bautzer and Matt Tracy NEW YORK (Reuters) -Elon Musk’s xAi extended the deadline and increased the yield it is paying on a $5 billion debt sale following lukewarm reception from investors, a person with direct knowledge of the matter said on Friday. The deadline for investors to commit to buying into the deal, …
By Puyaan Singh and Christy Santhosh (Reuters) -Health and life insurer Aflac on Friday said it is investigating a breach on its U.S. network that may have exposed customers’ personal information, making it the latest insurance provider to be targeted in a cyberattack. Aflac said the attack was identified on June 12 and carried out …
Insurer Aflac investigating possible data leak after cyberattack Read More »
By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court declined on Friday to speed up its consideration of whether to take up a challenge to President Donald Trump’s sweeping tariffs even before lower courts have ruled in the dispute. The Supreme Court denied a request by a family-owned toy company, Learning Resources, that filed the …
US Supreme Court declines to speed up decision on taking up fight over Trump tariffs Read More »
