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Analog Devices, Tata Group in talks to make semiconductors in India

BENGALURU (Reuters) – Analog Devices (NASDAQ:ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday. Tata…

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Hong Kong probe reveals Cathay Airbus engine failure due to ruptured fuel hose

(Reuters) – A probe by Hong Kong’s aviation accident investigation agency revealed Cathay Pacific’s Airbus A350 engine failed in-flight due to a damaged fuel hose which also showed signs of…

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New iPhone 16 unveiled in Russia as retailers skirt Apple’s export ban

MOSCOW (Reuters) – Russian retailers have launched pre-sales of Apple (NASDAQ:AAPL)’s latest iPhone, circumventing the company’s export ban to Russia and giving consumers the chance to pre-order devices hundreds of…

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Fed outsized rate cut draws muted reaction, but calm may not last

By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) – Investors who anticipated furious market swings following the U.S. Federal Reserve’s bumper rate cut saw more of…

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AlShaya Starbucks franchise stake sale talks on hold, sources say

By Hadeel Al Sayegh and Amy-Jo Crowley DUBAI/LONDON (Reuters) – The sale of a stake in the Middle East, North Africa and central Asia Starbucks (NASDAQ:SBUX) franchise operated by Kuwait’s…

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European shares advance as Fed delivers jumbo rate cut; BoE in focus

By Shubham Batra (Reuters) -European stocks jumped on Thursday after the U.S. Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of…

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Indonesia stocks higher at close of trade; IDX Composite Index up 0.74%

Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Infrastructure, Financials and Agriculture sectors led shares higher. At the close in Jakarta, the IDX…

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Ocado Retail shares surge on strong Q3 trading update

Investing.com — Shares of Ocado Retail (LON:OCDO) surged today after the company reported its trading update. Ocado Retail surged 14.3% at 4:02 ET (0802 GMT). The joint venture between Ocado…

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European stocks climb after hefty Fed cut; Next soars after outlook lift

Investing.com – European stock markets rose strongly Thursday as investors digested the aggressive start to the Federal Reserve’s easing campaign, ahead of the Bank of England’s latest policy-setting meeting. At…

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Next shares rise on upbeat full-year profit outlook

Investing.com — Shares of Next PLC (OTC:NXGPY) (LON:NXT) jumped on Thursday as the retailer’s positive outlook for full-year profits overshadowed mixed first-half results. At 3:34 am (0734 GMT), Next was…

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