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…
Category: 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…
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…
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…
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…
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…
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,…
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…
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,…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…