HELSINKI (Reuters) – Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI)[...]
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May 20, 2024
Argentina soy farmers wait on rising prices to sell rain-drenched crop
By Maximilian Heath PERGAMINO, Argentina (Reuters) – In the fields of Pergamino in Argentina’s grain heartland, farmer Adrian Farroni is revving up his soybean harvest late, delayed by rai[...]
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Target lowering prices on 5,000 items in bid to lure more shoppers
(Reuters) – Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said on Monday, as it looks to a[...]
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Tesla doing damage-control, discounts for European fleet buyers
By Nick Carey and Marie Mannes LONDON (Reuters) -Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow se[...]
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Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
(Reuters) – Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations. The bro[...]
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Venture capital investment in crypto picks up after long decline
By Elizabeth Howcroft LONDON (Reuters) – Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign[...]
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Morning bid: Buoyant start to ‘Nvidia week’
A look at the day ahead in U.S. and global markets from Mike Dolan World markets, heady on hopes for renewed U.S. disinflation and another attempt by China at shoring up its ailing housing sector, ent[...]
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Audi, partner SAIC to develop China-specific EV platform
BEIJING (Reuters) – Volkswagen’s premium brand Audi said on Monday it would jointly develop a new China-specific platform for intelligent and electric vehicles with its Chinese joint ventu[...]
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Prada not looking at M&A, sees ‘positive surprise’ from US, CEO says
VENICE (Reuters) – Italian luxury group Prada is not looking at big acquisitions as it is focused on the brands it already owns, its Chief Executive Andrea Guerra said on Monday. Speaking at the[...]
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