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03 May

Airbnb bets on summer of travel to drive revenue growth

(Reuters) -Vacation rental firm Airbnb Inc projected second-quarter revenue above market estimates on Tuesday, betting on pent-up demand to drive a summer of strong travel after COVID-19 curbs were eased globally.

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03 May

In Supreme Court shadow, Biden urges voters to protect abortion rights

U.S. President Joe Biden on Tuesday appealed to voters to protect abortion rights by backing candidates who support them in November's elections after a leaked Supreme Court draft showed it could soon overturn its 1973 decision legalizing abortion.

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03 May

Factbox-European 'flash crash' was latest of many globally over the past decade

The sudden drop in European shares on Monday following an erroneous trade in the Nordic markets is the latest example of a "flash crash" in which the price of an asset quickly drops before bouncing back.

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03 May

ECB may hike rates in July to combat extreme inflation -Schnabel

FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates as soon as July to stop "extremely high" inflation from getting entrenched, ECB board member Isabel Schnabel told German newspaper Handelsblatt on Tuesday.

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03 May

Bank of America most favored for activism defense in 2021 -Refinitiv data

Bank of America ranked as the top financial adviser to companies targeted by activist investors in 2021, vaulting past three rivals to claim the top spot, according to Refinitiv data published on Tuesday.

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03 May

White House to host union organizers at Amazon, Starbucks

WASHINGTON (Reuters) -U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers.

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03 May

Lyft says it will spend more to bring back drivers, shares plunge 26%

(Reuters) -Lyft Inc will spend more to increase the supply of drivers, signaling higher costs of getting cars back on the road, and declined on Tuesday to predict when the ride hailing company would hit pre-pandemic levels of business, sending its shares plummeting.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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