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21 Jul

Baidu unveils autonomous vehicle without steering wheel

BEIJING (Reuters) -China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year.

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21 Jul

Japan posts $10 billion trade gap in June as energy imports surge

Japan ran a trade deficit for the 11th straight month in June as high energy and other commodity costs pushed up imports, highlighting growing economic pressures from a sharply declining yen and global inflation.

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20 Jul

United Airlines falls short of profit estimates on higher costs

United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without government aid since the pandemic began, as booming travel demand failed to offset higher operating costs.

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20 Jul

Europe braces as Nord Stream Russian gas link set to restart

Europe is on edge about the restart of the Nord Stream 1 gas pipeline from Russia after annual maintenance is set to end on Thursday, with governments bracing for possible further supply cuts.

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20 Jul

Health insurer Elevance raises annual profit forecast

(Reuters) -Elevance Health Inc lifted its annual earnings forecast on Wednesday after strength in the unit that houses its pharmacy benefits management business, IngenioRx, helped the company sail past market estimates for quarterly profit.

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20 Jul

United Airlines earnings disappoint as operating costs bite

CHICAGO (Reuters) -United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without U.S. aid since the pandemic began, as booming travel demand failed to offset higher operating costs, sparking a sell-off in its shares.

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20 Jul

Health insurer Elevance profit slips 8% on higher costs

Health insurer Elevance Health Inc reported an about 8% decline in quarterly profit due to higher costs.

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