Global Focus Financial News

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Shares in Tesla (NASDAQ:TSLA) fell more than 7% on Monday after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. The fall in sales in its key market dimmed the outlook for Tesla\'s global deliveries, at a time when...

By Jonathan Stempel NEW YORK (Reuters) - A unit of Warren Buffett\'s Berkshire Hathaway (NYSE:BRKa) was added on Monday to a lawsuit accusing the National Association of Realtors and several brokerages of conspiring to keep real estate commissions artificially high nationwide. The complaint filed in a Kansas City, Missouri federal court adds Berkshire Hathaway Energy...

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said the agency\'s 737 MAX production audit into Boeing (NYSE:BA) and supplier Spirit AeroSystems (NYSE:SPR) found multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements. The FAA also said it found \"non-compliance issues in Boeing’s manufacturing process control, parts handling and...

By Aditya Kalra NEW DELHI (Reuters) -A group representing Indian startups has asked the country\'s antitrust watchdog to order Alphabet (NASDAQ:GOOGL) Inc\'s Google to reinstate apps it removed for policy violations, a letter seen by Reuters shows, escalating a showdown with the U.S. giant in a key market. Google on Friday removed more than 100...

(Reuters) - U.S. Securities and Exchange Commission (SEC) further delayed its decision on an application by asset manager BlackRock (NYSE:BLK) for its spot ethereum exchange-traded fund, according to a regulatory filing on Monday. BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved....

STAMFORD, Conn. - Philip Morris International (NYSE: NYSE:PM) has announced a partnership with the Women\'s Business Development Council (WBDC) to support female economic empowerment in Connecticut. The tobacco giant will invest $5 million over five years in the WBDC\'s Women\'s Economic Empowerment Initiative (WEEI), starting January 2025. The initiative aims to eliminate barriers to women\'s...

By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed lower on Monday, backing away from record highs, while U.S. Treasury yields ticked higher as investors looked ahead to key jobs data and Federal Reserve Chair Jerome Powell\'s congressional testimony later in the week. Bitcoin was being closely watched as the cryptocurrency inched closer to...

-- US stock index futures fell in evening deals on Monday, extending declines in Wall Street as uncertainty over the path of U.S. interest rates saw traders step back from recent record highs.  Risk aversion before “Super Tuesday”- where 15 states are set to vote in the Presidential Election Primaries- also factored into market losses,...

By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group (NYSE:UNH) paid $22 million in a bid to recover access to data and systems encrypted by the \"Blackcat\" ransomware gang, according to two researchers. Neither UnitedHealth nor the hackers involved have commented on the alleged ransom...