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Category: Business

Mastercard reaches ‘agreement in principle’ to settle mass UK fees case
Business

Mastercard reaches ‘agreement in principle’ to settle mass UK fees case

LONDON (Reuters) – Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of…

December 3, 2024
Meta seeks nuclear power developers for reactors to start in early 2030s
Business

Meta seeks nuclear power developers for reactors to start in early 2030s

By Timothy Gardner WASHINGTON (Reuters) -Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet…

December 3, 2024
Salesforce’s third-quarter revenue beats on strong cloud demand
Business

Salesforce’s third-quarter revenue beats on strong cloud demand

(Reuters) -Salesforce beat Wall Street estimates for third-quarter revenue on Tuesday and raised the lower end of its annual revenue…

December 3, 2024
UnitedHealth forecasts 2025 profit below estimates
Business

UnitedHealth forecasts 2025 profit below estimates

(Reuters) -UnitedHealth on Tuesday forecast adjusted profit for 2025 below Wall Street estimates. The company sees adjusted profit for the…

December 3, 2024
Sanofi announces its biggest China investment deal amid China-EU trade tensions
Business

Sanofi announces its biggest China investment deal amid China-EU trade tensions

SHANGHAI (Reuters) -Sanofi plans to invest around 1 billion euros ($1.05 billion) to build a new insulin production base in…

December 2, 2024December 2, 2024
Business

ASML not changing guidance after new US crackdown on China chip exports

By Toby Sterling AMSTERDAM (Reuters) -Computer chip equipment maker ASML said it does not expect new U.S. restrictions on semiconductor…

December 2, 2024December 2, 2024
Amazon to pilot AI-designed material for carbon removal
Business

Amazon to pilot AI-designed material for carbon removal

By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…

December 2, 2024December 2, 2024
PG&E shares fall after launching $2.4 billion equity capital raise
Business

PG&E shares fall after launching $2.4 billion equity capital raise

NEW YORK (Reuters) – Shares of PG&E Corp fell about 7% on Monday after the power and natural gas company…

December 2, 2024December 2, 2024
World’s top 100 defence groups boost arms sales by 4% in 2023, think tank SIPRI says
Business

World’s top 100 defence groups boost arms sales by 4% in 2023, think tank SIPRI says

STOCKHOLM (Reuters) – The world’s 100 biggest defence equipment makers increased their arms sales by 4.2% in 2023 to $632…

December 1, 2024December 1, 2024
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Business

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…

December 1, 2024December 1, 2024

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