Business

Volvo Cars to cut 2,500 jobs as third quarter swings to loss

Volvo Cars to cut 2,500 jobs as third quarter swings to loss

By Marie Mannes STOCKHOLM, Oct 23 (Reuters) - Volvo Cars said on Friday it will cut 2,500 jobs, mostly in…

October 23, 2026

Oil prices rise as supply concerns linger amid Houthi attacks on Saudi Arabia

Oct 23 (Reuters) - Oil prices rose on Friday after Houthi attacks in Saudi Arabia stoked concerns of further disruption…

October 23, 2026

Wake up! The long bond's up two points!

(Corrects to fix typographical error in paragraph 5) A look at the day ahead in European and global markets from…

October 23, 2026

Trump says Bombardier to invest $270 million in the US

Oct 22 (Reuters) - President Donald Trump said on Thursday that Canadian jet maker Bombardier is investing $270 million in the…

October 23, 2026

SK Hynix says Solidigm suspends review of US IPO, citing market volatility

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, Oct 23 (Reuters) - South Korean chipmaker SK Hynix said on…

October 23, 2026

Australia's Whitehaven Coal beats quarterly output estimates on Queensland strength

Oct 23 (Reuters) - Australia's Whitehaven Coal beat market estimates for quarterly output on Friday, supported by robust production from…

October 23, 2026

HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs

SEOUL, Oct 23 (Reuters) - HD Hyundai Co said on Friday it has signed a deal with Kiewit Corp to…

October 23, 2026

Yen shines as AI jitters spur safe-haven rush

SHANGHAI/SINGAPORE, Oct 23 (Reuters) - The Japanese yen hit its strongest level in more than a month on Friday, buoyed…

October 23, 2026

Microsoft develops AI tool that can diagnose 'sequentially' like a doctor

By Nancy Lapid Oct 22 (Reuters) - Microsoft researchers say an AI tool that diagnoses patients step by step, as…

October 23, 2026

Japan's core inflation exceeds BOJ target, cements near-term rate hike chance

By Leika Kihara and Takahiko Wada TOKYO, Oct 23 (Reuters) - Japan's core consumer inflation exceeded the central bank's 2%…

October 23, 2026