Uber’s finance chief to exit in January next year
(Reuters) – Uber Technologies said on Tuesday Chief Financial Officer Nelson Chai will leave the ride-hailing company in January next…
Exclusive-China asks some banks to reduce or delay dollar buying -sources
SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars…
Amazon to invest $7.2 billion in Israel, launches AWS cloud region
(Reuters) – Amazon.com said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched…
Marketmind: August cools Wall St stocks
A look at the day ahead in U.S. and global markets from Mike Dolan After notching a fifth straight month…
Apple, Microsoft remain world’s top 2 companies by market cap
(Reuters) – Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of…
China pledges financing support for small firms amid weak economic recovery
BEIJING (Reuters) – Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting…
Companies double down on AI in June-quarter analyst calls
By Noel Randewich (Reuters) – It’s a high bar, but companies reporting second-quarter earnings in recent weeks have talked up…
Meta’s Reels revenue narrows in on TikTok, boosted by AI
By Sheila Dang and Katie Paul (Reuters) – Reels, Meta Platforms’ answer to viral short-form video app TikTok, elicited eyerolls…
US senators Warren, Graham kick off bipartisan anti-Big Tech push
By Diane Bartz WASHINGTON (Reuters) – U.S. senators Elizabeth Warren, a Democrat, and Lindsey Graham, a Republican, said on Thursday…
How concrete, asphalt and urban heat islands add to the misery of heat waves
(Reuters) – It only takes just a fraction of a second to suffer a pretty serious burn. Asphalt and concrete…