(Reuters) -Daimler Truck expects revenues to grow as much as 60% between 2025 and 2030, top management of the truck and bus maker told investors on Tuesday. The company’s optimistic outlook, pre[...]
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July 11, 2023
27% of jobs at high risk from AI revolution, says OECD
PARIS (Reuters) – More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their j[...]
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EU to green light Broadcom’s VMware deal on Wednesday, source says
By Foo Yun Chee BRUSSELS (Reuters) -U.S. chipmaker Broadcom is set to win conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware on Wednesday, a pers[...]
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US welcomes Iraq, TotalEnergies’ massive oil, gas and renewables deal
By Kanishka Singh WASHINGTON (Reuters) -The United States on Tuesday welcomed Iraq’s oil, gas and renewables deal with French oil major TotalEnergies, which was signed a day earlier. Iraq and To[...]
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Oil settles up 2% at 10-week high on weaker US dollar, rising demand forecasts
By Scott DiSavino NEW YORK (Reuters) -Oil prices jumped on Tuesday, settling up about 2%, boosted by a falling U.S. dollar, hopes for higher demand in the developing world and supply cuts by the world[...]
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Exclusive – Mexico’s Pemex to lose some 100,000 bpd of crude this month after fire – source
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of[...]
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Small business confidence reaches 7-month high in June, NFIB says
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic outlook diminished sharply and sales expectations improved, but a stil[...]
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Sapphire Ventures plans to invest over $1 billion in enterprise AI startups
By Krystal Hu (Reuters) -Sapphire Ventures plans to invest over $1 billion in AI enterprise startups, doubling down on the technology’s adoption by companies across the world, its president Jai[...]
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Analysis-Slow-selling EVs are the auto industry’s new headache
By Joseph White and Ben Klayman DETROIT (Reuters) -The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers[...]
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