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Saudi Arabia says tech giants to invest more than $9 billion in kingdom
RIYADH (Reuters) - Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the ki...
Syndicated Content Feb 06, 2023
Yellen: ‘You don’t have a recession’ when U.S. unemployment at 53-year low
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a U.S. recession, with inflation coming down significantly and the economy remain...
Syndicated Content Feb 06, 2023
EV startup Vinfast says cutting U.S. jobs amid restructuring
By Phuong Nguyen (Reuters) - Vietnamese electric vehicle (EV) maker VinFast is cutting its workforce in the United States amid a restructuring in its major overseas market as the startup grapples with...
Syndicated Content Feb 06, 2023
Putin approves sale of Mercedes-Benz Russian finance arm
MOSCOW (Reuters) - Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz's local financial services division to Russian car dealer Avtodom, nudging the German automaker closer ...
Syndicated Content Feb 06, 2023
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) - French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their decades-long alliance aimed at easing tensions between the partners and put...
Syndicated Content Feb 06, 2023
Carlyle names former Goldman finance chief Schwartz as CEO
-Private equity firm Carlyle Group Inc on Monday appointed former Goldman Sachs Inc finance head Harvey Schwartz as its chief executive officer, effective Feb. 15. Schwartz will replace Bill Conway, t...
Syndicated Content Feb 06, 2023
Swiss to vote on preventing cashless society, pressure group says
(Reuters) - Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, after collecting enough signatures by Monday to trigger a popular vote on t...
Syndicated Content Feb 06, 2023
AI startup Cohere in talks to raise funding at $6 billion plus valuation -sources
By Krystal Hu (Reuters) - Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round that could value th...
Syndicated Content Feb 06, 2023
Tyson Foods misses quarterly sales estimates
(Reuters) -Tyson Foods Inc missed Wall Street estimates for quarterly revenue on Monday, pinched by falling beef prices and lower volumes in its pork segment. Shares of the Jimmy Dean sausages maker f...
Syndicated Content Feb 06, 2023
Abbvie plans to lift $2 billion cap on deals – WSJ
(Reuters) - Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal for Botox maker Allergan in 2020 that shot up its debt, the company's chief...
Syndicated Content Feb 06, 2023
Peoria, IL, USA
70 °F Partly cloudy
