Business

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

By Akash Sriram and Abhirup Roy Oct 21 (Reuters) - Tesla cut its annual capital expenditure forecast by a fifth…

October 22, 2026

Global diesel prices seen staying high despite Trump's deal with Russia

By Nicole Jao, Arathy Somasekhar and Jarrett Renshaw NEW YORK, Oct 21 (Reuters) - President Donald Trump's deal with Russia…

October 22, 2026

Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

By Arathy Somasekhar Oct 22 (Reuters) - Oil prices rose on Thursday as more attacks by the Houthis in Saudi…

October 22, 2026

From groceries to home loans, high oil prices permeate daily life

By Seher Dareen and Anushree Mukherjee LONDON, Oct 22 (Reuters) - The shock of oil prices at a five-month high…

October 22, 2026

BHP chair says Australia must compete harder for global investments

Oct 22 (Reuters) - In order to better compete for global investments, Australia must pay close attention to tax incentives…

October 22, 2026

Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment

By Sinéad Carew and Purvi Agarwal Oct 21 (Reuters) - The tech-heavy Nasdaq led Wall Street to a higher close…

October 22, 2026

Stocks rise on AI-led earnings, France's 10-year bond yield hits 5%

By Caroline Valetkevitch and Dhara Ranasinghe NEW YORK/LONDON, Oct 21 (Reuters) - Major stock indexes climbed on Wednesday, lifted by…

October 22, 2026

Tesla posts surprise positive cash flow on lower-than-expected AI spending

By Akash Sriram and Abhirup Roy Oct 21 (Reuters) - Tesla reported surprise positive free cash flow for the third…

October 22, 2026

Walmart launches tools for AI agents to shop for customers

By Sanskriti Shekhar Oct 21 (Reuters) - Walmart on Wednesday intrduced new tools that will allow artificial intelligence agents to…

October 22, 2026

Tesla posts surprise positive cash flow on lower-than-expected AI spending

Oct 21 (Reuters) - Tesla reported a surprise positive cash flow for the third quarter on Wednesday as it spent…

October 22, 2026