Poland's central bank surprises with sharp interest rate cuts despite double-digit inflation
Poland’s central bank has lowered its interest rates by 75 basis points despite the country’s double-digit inflation rate
2023-09-07 00:27
Roku to cut about 10% of its workforce as it ups quarterly sales expectations and shares soar, again
Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses
2023-09-07 00:25
Court sides with Norwegian regulator's $100K daily fine imposed on Meta over ad privacy concerns
Meta has lost a legal battle to freeze an order from Norway’s data protection authority that imposes hefty fines on the Facebook and Instagram owner over advertising practices deemed to violate user privacy
2023-09-06 23:52
Enbridge slumps on surprise $14 billion bid for gas-powered utilities
U.S.-listed shares of Enbridge Inc tumbled nearly 7% in premarket trading on Wednesday after the Canadian pipeline operator
2023-09-06 21:46
EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdown
The European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies
2023-09-06 19:55
Cummins, Daimler, PACCAR form joint venture for US battery cell production
(Reuters) -Accelera, a zero-emissions business unit of Cummins, Daimler Trucks & Buses US Holding and PACCAR said on Wednesday they
2023-09-06 19:46
Edmunds: The best affordable performance cars
There’s often a point when car enthusiasts are looking to purchase their first new performance car or sports car
2023-09-06 18:46
US offshore wind projects seek looser subsidy rules in fight for survival
By Nichola Groom A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda
2023-09-06 18:22
German automakers in 'darkest moment' speed up EV transition - Chinese executive
MUNICH German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling
2023-09-06 17:47
Scholz calls for a broad pact to slash bureaucracy and modernize Germany
Chancellor Olaf Scholz has urged Germany’s opposition and regional governments to help slash a “thicket of bureaucracy” that slows down Europe’s biggest economy, as his government grapples with poor poll ratings and a reputation for internal strife half way through its term
2023-09-06 17:24
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
The biggest oil producer in the United Arab Emirates plans to develop a carbon capture project that will
2023-09-06 15:29
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:51