Oct 22 (Reuters) – Spotify forecast fourth-quarter profit above Wall Street estimates on Thursday, as the Swedish music streaming company bets on its AI-powered features to drive user growth in the crucial holiday season. The company expects operating income of €820 million ($920.53 million), compared…
By John Kruzel WASHINGTON, Oct 22 (Reuters) – The November 3 midterm elections are quickly approaching after an electoral cycle shaped to an unusual degree by decisions of the US Supreme Court, a development that prompted Justice Elena Kagan to voice alarm this week. Republicans…
By Lewis Krauskopf NEW YORK, Oct 22 (Reuters) – Public opposition to data centers may jolt the AI trade as the US midterm elections approach, with a strong Democratic showing potentially hampering the buildout that has lifted stocks. AI has driven the US stock bull…
By Francesca Piscioneri and Alvise Armellini ROME, Oct 22 (Reuters) – Truck drivers’ protests that have seriously affected fuel and food supplies in southern Italy were easing on Thursday as Prime Minister Giorgia Meloni’s government was lining up aid and taking a harder line against…
Oct 22 (Reuters) – Nasdaq futures slid more than 1% on Thursday as high-growth stocks faced renewed pressure after earnings from Tesla and Meta Platforms did little to allay concerns over AI spending, while a rebound in oil prices further dampened sentiment. The weakness follows…
By Vera Dvorakova and Jesus Calero Oct 22 (Reuters) – Essity is seeing greater weakness among the US restaurants it supplies than the European ones, the CEO of the Swedish hygiene products maker said on Thursday, as rising prices and a slowing jobs market put…
ANKARA, Oct 22 (Reuters) – Turkish Foreign Minister Hakan Fidan will host his counterparts from Egypt, Pakistan, Saudi Arabia, Britain, France and Germany in Istanbul on Friday for talks on regional conflicts, a Turkish diplomatic source said on Thursday. The seven countries will meet in this…
By Lisandra Paraguassu BRASILIA, Oct 22 (Reuters) – Rony Amaral, 71, is terrified right-wing Brazilian presidential candidate Flavio Bolsonaro will slash healthcare and pension spending if he wins Sunday’s runoff vote, so he is supporting leftist Luiz Inacio Lula da Silva instead. Amaral and his…
By Stanley Widianto and Gibran Naiyyar Peshimam JAKARTA, Oct 22 (Reuters) – Indonesia should reconsider its involvement in US President Donald Trump’s Gaza peace plan because it is being shaped by Israel and the US and lacks a Palestinian voice, the United Nations special rapporteur…
ROME, Oct 22 (Reuters) – Italy and Spain have agreed to lift border controls on each other’s citizens, the interior ministry in Rome said on Friday, ending a three-month dispute triggered by the rush of migrants into the Spanish enclave of Ceuta. Italy’s right-wing government…