Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after…
Category: Business
Major Adani investor GQG shares fall 13% after analyst downgrade
SYDNEY (Reuters) – Shares of Australian-listed GQG Partners fell 13% on Monday after UBS analysts downgraded the stock and estimated…
Oil inches up on upbeat China data, shaky Israel-Lebanon ceasefire
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Monday supported by upbeat factory activity in the world’s…
Amazon develops video AI model, The Information reports
(Reuters) -E-commerce giant Amazon has developed new generative artificial intelligence (AI) that can process images and videos in addition to…
HP, Dell’s weak forecasts spark share selloff, doubts over PC market recovery
(Reuters) -Shares of Dell and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on…
Novo, Lilly shares rise as Biden proposes obesity care coverage
By Ludwig Burger and Stine Jacobsen (Reuters) – Shares of weight-loss drugmakers Novo Nordisk and Eli Lilly rose on Tuesday…
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian said on Monday it has received conditional approval for a loan of up…
Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports
(Reuters) – U.S. President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties…
Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will…
Nvidia’s supply snags limit deliveries even as demand booms
By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) -Nvidia’s revenue forecast on Wednesday raised questions over whether the artificial…