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EV maker Lucid names Silvio Napoli as CEO

EV maker Lucid names Silvio Napoli as CEO

April 14 (Reuters) - Lucid on Tuesday named Silvio Napoli as the company's next chief executive officer, as it looks to ramp up production and sales of its electric vehicles amid a highly competitive EV environment.

In India, $1 housekeepers spark a consumer, worker frenzy despite safety risks

In India, $1 housekeepers spark a consumer, worker frenzy despite safety risks

By Vibhuti Sharma and Dhwani Pandya MUMBAI, April 14 (Reuters) - At Indian startup Pronto's training hub, women hone their chopping and mopping skills while learning how to send SOS signals if they feel unsafe inside customers' homes.

Citi profit jumps 42% as market volatility lifts trading revenue

Citi profit jumps 42% as market volatility lifts trading revenue

By Tatiana Bautzer and Prakhar Srivastava April 14 (Reuters) - Citigroup's first-quarter profit rose 42% as geopolitical tensions fueled market volatility and trading revenue, while strong dealmaking buoyed investment banking fees.

Bank of America profit rises as trading shines

Bank of America profit rises as trading shines

April 15 (Reuters) - Bank of America's profit rose in the first quarter, as volatility in the global markets lifted trading activity.

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

By Utkarsh Shetti and Saeed Azhar April 13 (Reuters) - Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading.

US stock futures climb as traders cling to de-escalation hopes, await earnings

US stock futures climb as traders cling to de-escalation hopes, await earnings

April 14 (Reuters) - U.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March producer price data and a fresh round of corporate earnings. U.S.

Wall Street futures hold steady; earnings in focus

Wall Street futures hold steady; earnings in focus

April 15 (Reuters) - U.S. stock index futures were largely unchanged on Wednesday as investors caught their breath after a rally, while awaiting fresh signals from a raft of corporate earnings and remarks from Federal Reserve officials.

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

April 14 (Reuters) - Australia's Qantas Airways said on Tuesday it has raised its fuel cost outlook and has not started its planned share buyback, citing sharply higher and volatile jet fuel prices after the war in the Middle East cut oil supply.

Meta poised to surpass Google in digital ad revenue for first time, report says

Meta poised to surpass Google in digital ad revenue for first time, report says

By Jaspreet Singh April 13 (Reuters) - Meta Platforms is projected to surpass Alphabet's Google in digital advertising revenue globally by the end of 2026, and dethrone the search-engine behemoth in the lucrative business, according to Emarketer.

Virgin Australia flags higher fuel costs, adjusts airfares on Mideast war impact

Virgin Australia flags higher fuel costs, adjusts airfares on Mideast war impact

April 15 (Reuters) - Virgin Australia on Wednesday forecast higher fuel costs and said it has adjusted airfares and capacity for the second half, citing recent price volatility linked to the conflict in the Middle East.

European shares gain on hopes of potential US-Iran peace talks

European shares gain on hopes of potential US-Iran peace talks

April 14 (Reuters) - European shares rose on Tuesday, recovering from a sombre start to the week, as investors were hopeful about potential Middle East peace negotiations nFWN40X04B, even as the U.S. implemented a blockade nL6N40X074 of Iranian ports.

Traders see clear path to higher-for-longer ECB rates

Traders see clear path to higher-for-longer ECB rates

By Stefano Rebaudo April 13 (Reuters) - Money market traders expect the European Central Bank to lean hawkish, keeping rates higher for longer and offering little prospect of easing even in the medium term as the energy shock from the ongoing Iran war is seen persisting.