By James Davey LONDON (Reuters) - As British shoppers try to stretch their spending further each week, supermarket leaders Tesco (OTC:TSCDY) and Sainsbury\'s are using their superior financial firepower to win over customers from debt-laden rivals struggling to compete. A recent survey from consumer group Which? found the two groups outperformed their privately owned rivals...
By Helen Reid LONDON (Reuters) - Investors want Zara owner Inditex (BME:ITX) to follow rivals H&M (ST:HMb) and Primark in making its full list of suppliers public so they can better assess any supply chain risks. Inditex is an outlier among big clothing retailers in not publishing which factories it sources from. Regulators and investors...
By Jonathan Stempel (Reuters) - Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform. Brian Keene, Abdi Nazemian and Stewart O\'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo...
(Reuters) - Officials from the U.S. government asked UnitedHealth Group (NYSE:UNH) to expedite payments to healthcare providers in an open letter on Sunday, after a hack of the insurer\'s Change Healthcare (NASDAQ:CHNG) tech unit crippled medical claims and payments. Officials from the U.S. Department of Labor and the U.S. Department of Health and Human Services...
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) - Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s. Japan\'s biggest power generator JERA last month agreed to buy a 15.1%...
By Jonathan Stempel (Reuters) - A federal judge blocked Washington state from enforcing most of a law intended to boost oversight and improve living conditions at the state\'s only privately-run, for-profit immigration detention facility. Friday\'s decision by U.S. District Judge Benjamin Settle will benefit Geo Group (NYSE:GEO), the owner of the Northwest Immigration and Customs...
-- U.S. stock index futures fell in evening deals on Sunday, extending declines on Wall Street as the technology sector was walloped by profit-taking, with focus turning squarely to key upcoming inflation data. Profit-taking in the technology sector, especially in market darling NVIDIA Corporation (NASDAQ:NVDA), saw Wall Street indexes pull back sharply from record highs...
-- Japanese stocks fell sharply on Monday, while the yen hovered near one-month highs as media reports suggested the Bank of Japan could end its yield curve control policies by as soon as next week. The Nikkei 225 index slid as much as 2% in early morning trade, while the yen firmed 0.2% against the...
SEOUL (Reuters) - South Korea\'s financial market watchdog said on Monday it has found wrongdoings by financial firms selling derivatives linked to a Hong Kong stock market index. \"The inspection result shows there was poor management of sales policy and consumer protection, incomplete sales at the system level and various kinds of incomplete sales in...
(Reuters) -Delta Air Lines Inc expects the deliveries of Boeing (NYSE:BA) Co\'s 737 Max 10 aircraft to be pushed out to as late as 2027, as the planemaker faces federal safety and criminal reviews, Bloomberg News reported on Sunday. The airline announced in July 2022 that it would buy 100 Boeing 737 Max 10 jets...