Reuters
Search documents
United Airlines sees US shutdown as risk to travel confidence
Reuters· 2025-10-16 19:06
United Airlines Scott Kirby warned on Thursday that an extended government shutdown risks taking a toll on airline bookings as well as flight operations. ...
Apple readies high-end MacBook Pro with touch, hole-punch screen, Bloomberg News reports
Reuters· 2025-10-16 18:58
Core Insights - Apple is set to launch a redesigned MacBook Pro featuring a touch display, anticipated for late 2026 or early 2027 [1] Company Developments - The new MacBook Pro will incorporate a touch display, indicating a shift in design and functionality for Apple's laptop lineup [1] - The launch timeline suggests Apple is focusing on enhancing user experience and adapting to market trends [1] Industry Trends - The introduction of a touch display in laptops aligns with broader industry trends towards more interactive and versatile computing devices [1] - This move may influence competitors to innovate and adapt their product offerings in response to Apple's advancements [1]
Wall Street drops as Zions sparks worries about regional banks
Reuters· 2025-10-16 18:55
Wall Street fell on Thursday, with signs of weakness in regional banks spooking investors already on edge over China-U.S. trade tensions. ...
BBVA falls far short of securing 30% in takeover deal for Sabadell
Reuters· 2025-10-16 18:50
Core Viewpoint - BBVA's hostile takeover bid for Sabadell was unsuccessful as it failed to secure at least 30% of Sabadell's shares in a public tender offer earlier this month [1] Company Summary - BBVA attempted a hostile takeover of smaller rival Sabadell [1] - The takeover bid was made public earlier this month [1] - The failure to secure the necessary share percentage indicates challenges in the consolidation efforts within the banking sector [1]
JPMorgan Chase CEO says company is looking at banks in Europe, Latin America
Reuters· 2025-10-16 18:45
JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America. ...
Oracle expects cloud infrastructure revenue to be $166 bln in FY30
Reuters· 2025-10-16 17:44
Core Viewpoint - Oracle anticipates its cloud infrastructure revenue will reach $166 billion by fiscal year 2030 [1] Group 1 - The projected revenue indicates significant growth potential in Oracle's cloud infrastructure segment [1]
Italian appeals court upholds conviction for Milan prosecutors in Eni Nigeria case
Reuters· 2025-10-16 17:09
Core Viewpoint - An Italian appeals court has upheld an eight-month prison sentence for two Milan prosecutors due to their failure to file documents that could have supported the position of energy group Eni in an international case [1] Group 1 - The court's decision emphasizes the legal accountability of prosecutors in handling cases involving major corporations like Eni [1] - The ruling may have implications for the judicial processes surrounding corporate legal matters in Italy [1] - Eni's position in the international case could have been strengthened had the prosecutors fulfilled their obligations [1]
Roche to sell flu pill for $50 to cash-paying US patients
Reuters· 2025-10-16 16:14
Core Insights - Roche has initiated direct-to-consumer sales of its influenza antiviral pill Xofluza in the U.S. at a discounted cash price of $50, aligning with similar strategies adopted by competitors to meet market demands [1] Company Actions - The launch of Xofluza is part of Roche's strategy to enhance accessibility to its antiviral treatments amid increasing competition in the market [1] Market Context - The move reflects a broader trend in the pharmaceutical industry where companies are adjusting pricing and sales strategies to address consumer needs and competitive pressures [1]
Ray-Ban maker EssilorLuxottica beats quarterly revenue estimates on strong wearables demand
Reuters· 2025-10-16 16:10
Ray-Ban maker EssilorLuxottica reported better than expected third-quarter revenue on Thursday, boosted by strong sales of wearable products and steady growth in North America, its biggest market. ...
Portugal's proposal for EDP's grid returns still lags European peers
Reuters· 2025-10-16 16:07
Core Insights - Portugal's electricity market regulator ERSE has proposed an increase in returns on grid assets for EDP, the country's largest utility, although the proposed returns remain below those of EDP's peers [1] Group 1 - ERSE's proposal aims to enhance the financial returns for EDP's grid assets [1] - The proposed return levels are still lower compared to the returns enjoyed by EDP's competitors in the market [1]