BUSINESS

In premarket trading on Thursday, Lucid shares were down over 12%.

Wall Street's main indexes wobbled on Thursday as gains in high-growth stocks offset losses in energy shares, with investors looking ahead to monthly jobs report for clues on the pace of interest rate hikes by the Federal Reserve.

ASEAN ministers warn Taiwan tensions could spark 'open conflicts'

Intercontinental Exchange beat Wall Street estimates for second-quarter profit on Thursday, as the New York Stock Exchange's owner benefited from choppy global markets that led to a surge in trading volumes, sending its shares up over 4%.

Electric-vehicle makers Lordstown Motors Corp and Nikola Corp on Thursday shrugged off supply chain snarls that weighed on peers to reaffirm annual production targets after reporting upbeat quarterly performance.

Andrey Melnichenko reportedly has a net worth of $27 billion.

Canada's main stock index rose on Thursday, driven by a clutch of positive earnings reports from companies including business jet maker Bombardier and Tim Hortons-owner Restaurant Brands International.

Hong Kong billionaire Li Ka-shing's firm to sell stake in fintech upstart

Apollo Global Management Inc reported a 13% rise in second-quarter earnings on Thursday, as income from its annuities provider Athene more than compensated for a decline in asset sales amid a slowdown in dealmaking.

Spectators flock to Iceland volcano

Retail investors find well-established stocks and bond markets to be more arcane than the wild world of cryptocurrencies, a survey by the World Economic Forum (WEF) showed on Thursday.

Warner Bros Discovery Inc is expected to discuss the new streaming strategy for the merged company on Thursday when it reports second-quarter earnings, four sources familiar with the plans told Reuters.

Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Bonuses for Wall Street bankers are projected to plunge as much as 45% this year as business dries up.

Seoul says Pelosi DMZ visit sends clear message to North

Novo Nordisk sought to soothe concerns about supplies of its new obesity drug Wegovy on Thursday, saying there was nothing unusual about a slight delay in its availability.

Saudi Arabia, the world's top oil exporter, raised September crude oil prices for Asian buyers to record high levels despite falling refining margins.

Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the U.S.

Canadian Natural Resources Ltd on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude prices soared on tighter energy supplies due to the Ukraine conflict.

SpaceX debris discovered in Australian sheep paddock

European shares eked out gains on Thursday as some strong quarterly results lent support, while Britain's FTSE 100 underperformed peers after the UK central bank lifted interest rates by the most since 1995.

European shares rose on Thursday following strong results from a slew of companies, with focus squarely on Britain's central bank that is expected to lift interest rates by the most since 1995.

Myanmar junta charges Japanese journalist with encouraging dissent

Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies.

Samsung Electronics Co Ltd has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.

Aero-engineer Rolls-Royce disappointed investors by reporting a bigger-than-expected fall in first-half profit on Thursday, underscoring the challenge facing its new chief executive of restoring the health of its civil aviation business.

Shareholders in Glencore reaped a multi-billion dollar windfall on Thursday, as the company's adherence to thermal coal mining at a time of soaring prices of the material generated record profits for the mining and commodity trading group.