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Category: Business

Ford’s total February sales fall 9%
Business

Ford’s total February sales fall 9%

(Reuters) -Ford Motor Co on Monday reported an about 9% drop in its auto sales for February. Automakers have been…

March 3, 2025
Amazon’s cloud business to invest $8.2 billion in Indian state in coming years
Business

Amazon’s cloud business to invest $8.2 billion in Indian state in coming years

(Reuters) -Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over…

March 3, 2025
Tesla sales down in France, Scandinavia as Musk faces test of brand
Business

Tesla sales down in France, Scandinavia as Musk faces test of brand

By Terje Solsvik and Louise Rasmussen OSLO/COPENHAGEN (Reuters) -Tesla sales plunged in Scandinavia and France in February from a year…

March 3, 2025
Cryptocurrency exchange Kraken says US SEC will dismiss lawsuit
Business

Cryptocurrency exchange Kraken says US SEC will dismiss lawsuit

NEW YORK (Reuters) -Cryptocurrency exchange Kraken said on Monday that the U.S. Securities and Exchange Commission had agreed in principle…

March 3, 2025
Exclusive-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say
Business

Exclusive-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say

By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE (Reuters) – Chip designers Nvidia and Broadcom are running manufacturing tests…

March 3, 2025
US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says
Business

US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says

By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fifth week…

February 28, 2025
CME Group plans to launch Solana futures on March 17
Business

CME Group plans to launch Solana futures on March 17

By Suzanne McGee (Reuters) – CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency…

February 28, 2025
China mandates regulatory approvals for autonomous driving software upgrades
Business

China mandates regulatory approvals for autonomous driving software upgrades

BEIJING (Reuters) – Autonomous driving-related over-the-air software upgrades will be subject to regulatory approvals, China’s industry ministry said on Friday,…

February 28, 2025
EBay forecasts quarterly revenue below expectations on weak demand
Business

EBay forecasts quarterly revenue below expectations on weak demand

(Reuters) – E-commerce firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, as economic uncertainty compelled unaffluent buyers…

February 27, 2025
Factbox-Who is Unilever’s new CEO Fernando Fernandez?
Business

Factbox-Who is Unilever’s new CEO Fernando Fernandez?

(Reuters) – Consumer group Unilever surprised investors on Tuesday by replacing chief executive Hein Schumacher with finance chief Fernando Fernandez,…

February 25, 2025

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