Category Archives:
Britain lowers stake in NatWest with $1.6 billion share sale
LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 ye...
May 22, 2023
India economy to see downside risks to growth, upside risks to inflation – govt report
MUMBAI (Reuters) - India's economy is likely to see downside risks to growth and upside risks to inflation, partly due to challenges in the country's external sector as well as weather-related uncerta...
May 22, 2023
Volvo wins record order for electric trucks from Holcim
OSLO (Reuters) -Volvo Trucks said on Monday it has signed a letter of intent to sell 1,000 electric trucks to Swiss building solutions provider Holcim for delivery in the next seven years. "The deal i...
May 22, 2023
Europe’s business jet industry aims for green rebrand
By Joanna Plucinska GENEVA (Reuters) - Europe's business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back of co...
May 22, 2023
Nvidia chips away at Intel, AMD turf in supercomputers
By Stephen Nellis (Reuters) - Nvidia Corp on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and...
May 22, 2023
India’s TCS receives $1.83 billion-worth advance purchase order from BSNL
BENGALURU (Reuters) - Tata Consultancy Services on Monday said it received an advance purchase order valued over 150 billion rupees ($1.83 billion) to deploy a 4G network across the country from India...
May 22, 2023
Newcrest’s Cadia gold mine faces fresh probe for dust pollution
(Reuters) - Newcrest Mining Ltd's Cadia mine in Australia's New South Wales (NSW) state is facing a fresh investigation over emission of dust and other pollutants, the state's Environment Protection A...
May 22, 2023
Foreign investment in Germany holds steady despite challenging environment
BERLIN (Reuters) - Foreign investment in Germany remained stable in 2022 despite the difficult economic situation, data from the country's economic development agency, Germany Trade & Invest (GTAI), s...
May 22, 2023
Analysis-Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old...
May 22, 2023
Ryanair posts near record FY profit, summer demand robust
DUBLIN (Reuters) - Ryanair on Monday posted a near record profit of 1.43 billion euros ($1.57 billion) in the year to end-March and said it was cautiously optimistic that profits would rise modestly i...
May 22, 2023
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