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Day: February 26, 2024

Zoom beats estimates on strong product demand, announces share buyback
Business

Zoom beats estimates on strong product demand, announces share buyback

February 26, 2024February 26, 2024

By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…

Chips firms seek double $28 billion US subsidies available, Commerce Dept says
Business

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

February 26, 2024February 26, 2024

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will…

Oil gains over $1 on possible shipping disruptions
Business

Oil gains over $1 on possible shipping disruptions

February 26, 2024February 26, 2024

By Erwin Seba HOUSTON (Reuters) – Oil prices gained on Monday as European diesel demand, constrained by Russian sanctions and…

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