By Stephen Nellis (Reuters) -Microsoft’s Yusuf Mehdi, who oversees its consumer marketing efforts, is taking over the firm’s Surface and Windows businesses with the external PC makers and[...]
Read moreSeptember 18, 2023
Orsted CEO says US offshore wind targets still possible but not easy
By Scott DiSavino and Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Or[...]
Read moreChina central bank, FX regulator meet foreign firms in capital drive
BEIJING (Reuters) – China’s central bank and forex regulator met with foreign financial institutions and companies on Monday, as Beijing strives to attract overseas investment to support i[...]
Read moreHyundai Motor’s South Korea union accepts 12% wage hike deal
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Co and a union representing its South Korean workforce on Monday sealed a wage deal that will boost annual pay by about 12%, avoiding a strike and produ[...]
Read moreWill oil hit $100? It already did in some markets
By Alex Lawler LONDON (Reuters) – With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that miles[...]
Read moreChina Evergrande shares sink 25% after wealth unit staff detained
HONG KONG (Reuters) -Shares of embattled developer China Evergrande Group plunged as much as 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigatio[...]
Read moreTurkish President Erdogan asks Musk to build Tesla factory in Turkey
By Chandni Shah and Daren Butler ISTANBUL (Reuters) -Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country’s communications directorate said[...]
Read moreIn the Market: Fed beware the banking crisis of March
By Paritosh Bansal (Reuters) -Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year “March madness.” Six months on, the craziness has abated, but the indust[...]
Read moreGE HealthCare gets $44 million grant to develop AI-assisted ultrasound tech
(Reuters) – GE HealthCare Technologies Inc has received a grant of more than $44 million from the Bill & Melinda Gates Foundation to develop AI-assisted ultrasound technology, the company sa[...]
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