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Category: Business

General Motors, Hyundai to develop vehicles together amid China EV competition
Business

General Motors, Hyundai to develop vehicles together amid China EV competition

By Hyunjoo Jin, Heejin Kim and Nora Eckert (Reuters) -General Motors and Hyundai Motor on Wednesday outlined plans to develop…

August 7, 2025August 7, 2025
Allianz posts better-than-expected Q2 profit and confirms target
Business

Allianz posts better-than-expected Q2 profit and confirms target

FRANKFURT (Reuters) -Germany’s Allianz on Thursday posted a better-than-expected 13% rise in second-quarter net profit and confirmed its target for…

August 7, 2025August 7, 2025
Deutsche Telekom meets Q2 profit expectations, lifts guidance
Business

Deutsche Telekom meets Q2 profit expectations, lifts guidance

-Deutsche Telekom reported second quarter core profit in line with analyst expectations on Thursday, citing continued growth in both Germany…

August 7, 2025August 7, 2025
BP’s big Brazil oil and gas find boosts prospects for Equinor, auction
Business

BP’s big Brazil oil and gas find boosts prospects for Equinor, auction

By Marta Nogueira and Fabio Teixeira RIO DE JANEIRO (Reuters) -BP’s announcement on Monday of its largest global oil and…

August 5, 2025
OpenAI releasesĀ open-weight reasoning models optimized for running on laptops
Business

OpenAI releasesĀ open-weight reasoning models optimized for running on laptops

By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models…

August 5, 2025
High-grade US firms finance new M&A with more equity and cash, less debt
Business

High-grade US firms finance new M&A with more equity and cash, less debt

By Matt Tracy (Reuters) -Top-rated U.S. companies have financed their acquisitions mostly with equity and cash instead of debt this…

August 5, 2025
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
Business

Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal

By Arasu Kannagi Basil and Ateev Bhandari (Reuters) -Modular building startup Boxabl will go public in the U.S. through a…

August 5, 2025
Amazon overhauls Wondery podcast studio, cuts 110 jobs
Business

Amazon overhauls Wondery podcast studio, cuts 110 jobs

(Reuters) -Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business Wars” to Audible…

August 4, 2025
Lyft, China’s Baidu to launch robotaxi service in Europe next year
Business

Lyft, China’s Baidu to launch robotaxi service in Europe next year

By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China’s Baidu to deploy robotaxis…

August 4, 2025August 4, 2025
Warburg Pincus-backed Miami International eyes up to $1.7 billion valuation in US IPO
Business

Warburg Pincus-backed Miami International eyes up to $1.7 billion valuation in US IPO

(Reuters) -Miami International Holdings, the parent of bourse operator MIAX, said on Monday it was targeting a valuation of up…

August 4, 2025August 4, 2025

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