Business

Joby Aviation shares tumble after pricing of $514 million discounted offering

Joby Aviation shares tumble after pricing of $514 million discounted offering

By Anshuman Tripathy (Reuters) -Shares of Joby Aviation fell more than 11% on Wednesday after the electric air-taxi maker priced…

October 8, 2025

Hyundai to recall over 135,300 US vehicles due to fire risk from improper starter motor wiring

(Reuters) -Hyundai Motor is recalling 135,386 Santa Fe vehicles in the U.S. due to fire risk from an improperly installed…

October 8, 2025

Nestle quits global alliance on reducing dairy methane emissions

By Alexander Marrow LONDON (Reuters) -Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting…

October 8, 2025

Gold shatters $4,000 milestone as investors rush to safety

By Anmol Choubey and Anushree Mukherjee (Reuters) -Gold surged past the $4,000 an ounce level for the first time on…

October 8, 2025

IMF chief says global economy doing 'better than feared,' risks remain

WASHINGTON (Reuters) -The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of…

October 8, 2025

Yen weakest since mid-February on fiscal fears

By Karen Brettell (Reuters) -The Japanese yen reached its weakest level since mid-February against the dollar on Wednesday on rising…

October 8, 2025

Iraq signs deal with Exxon to help develop large oilfield

BAGHDAD (Reuters) -Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its giant Majnoon oilfield and…

October 8, 2025

Exclusive-Data streaming software maker Confluent explores sale, sources say

By Milana Vinn (Reuters) -Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the…

October 8, 2025

Oil up on OPEC+ output increase restraint

By Ahmad Ghaddar LONDON (Reuters) -Oil prices climbed on Wednesday, helped by a smaller than expected output hike from producer…

October 8, 2025

MEG takeover fight intensifies as Canadian oil producer Cenovus raises bid

By Tanay Dhumal (Reuters) -Cenovus Energy raised its bid for MEG Energy on Wednesday to C$8.6 billion ($6.17 billion), including…

October 8, 2025