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Shell to use new AI technology in deep sea oil exploration
By Stephanie Kelly NEW YORK (Reuters) - Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the ...
Syndicated Content May 17, 2023
Siemens raises outlook after Q2 sales beats forecasts
ZURICH (Reuters) - Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of pr...
Syndicated Content May 17, 2023
Nepali sherpa sets Everest record with 27th ascent
By Gopal Sharma KATHMANDU (Reuters) - A Nepali sherpa scaled Mount Everest for a record 27th time on Wednesday, beating his own record, a government official and his hiking company said. Kami Rita She...
Syndicated Content May 16, 2023
Marketmind: Are we there yet? Market holds breath for debt ceiling deal
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the m...
Syndicated Content May 16, 2023
Virgin Orbit enters “stalking horse” bid to sell aircraft assets for $17 million
(Reuters) - Bankrupt satellite launch company Virgin Orbit said on Tuesday it has entered into a "stalking horse" agreement with Stratolaunch to sell mainly its aircraft assets, including the "Cosmic ...
Syndicated Content May 16, 2023
Vietnam EV maker Vinfast expects to break even by end-2024 – founder
HANOI (Reuters) - Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as ...
Syndicated Content May 16, 2023
First nuclear fusion plants to need $7 billion supply chain -survey
By Timothy Gardner WASHINGTON (Reuters) - Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclea...
Syndicated Content May 16, 2023
Ex-First Republic CEO says regulators did not express concerns, blames contagion for bank’s collapse
(Reuters) - The former chief executive of the First Republic Bank Michael Roffler blamed contagion spread from the failures of regional banks for the bank's collapse and said regulators did not expres...
Syndicated Content May 16, 2023
No Singapore Airlines group A320neos with Pratt engines grounded – exec
SINGAPORE (Reuters) - None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airlin...
Syndicated Content May 16, 2023
Smaller consultancies eye opportunities as China crackdown hits sector leader
By Samuel Shen and Xie Yu SHANGHAI/HONG KONG (Reuters) - Smaller consultancy and due-diligence firms in China reckon they stand to gain once business returns to normal after the shock administered by ...
Syndicated Content May 16, 2023

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