Exclusive-Nordics and Estonia plan offline card payment back-up if internet cut
By Anne Kauranen HELSINKI (Reuters) – Finland, Sweden, Norway, Denmark and Estonia are planning to roll out a system of…
Category: Business
Uber shares fall as first-quarter revenue miss clouds upbeat forecasts
(Reuters) -Uber Technologies missed quarterly revenue estimates as growth in its ride-hailing unit slowed to its weakest since the pandemic,…
Tesla’s China-made EV sales fall 6% y/y in April as woes deepen
BEIJING (Reuters) – Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a…
Amazon’s Bezos leads new investment in AI data company Toloka
By Alexander Marrow LONDON (Reuters) -Jeff Bezos’ personal firm Bezos Expeditions is leading a $72-million investment in artificial intelligence data…
CrowdStrike to lay off 5% of staff, reaffirms forecasts
(Reuters) -CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about…
Intel shareholders approve equity incentive plan, new CEO pay
SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to…
Cisco shows quantum networking chip, opens new lab
By Stephen Nellis SAN FRANCISCO (Reuters) -Cisco Systems on Tuesday showed a prototype chip for networking quantum computers together and…
Buffett’s Dairy Queen on guard as tariffs weigh on desire to dine out
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway, has seen signs that consumers are…
Chipmaker Onsemi forecasts upbeat quarterly revenue on resilient demand from EV makers
(Reuters) -Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, as demand for its chips used in electric vehicles…
Citigroup CEO says most clients can absorb 10% tariffs
NEW YORK (Reuters) -Citigroup CEO Jane Fraser said on Monday most of the bank’s clients could absorb U.S. tariffs of…