NEW YORK (Reuters) – U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across…
Nigeria opens ‘game changer’ billion-dollar deep seaport
By Seun Sanni LAGOS (Reuters) – Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected…
Prada’s Lorenzo Bertelli sets out “soft transition” to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth…
Logitech sees business customer caution as temporary
By John Revill (Reuters) -Logitech International said on Tuesday it expects the downturn in spending by business customers which hit…
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) systems to aid in understanding…
Volvo Cars recalls around 106,900 cars worldwide
STOCKHOLM (Reuters) – Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes,…
Auto lobby urges Spain to speed up vehicle electrification as sales lag
MADRID (Reuters) – Spain’s auto industry is in dire need of an overhaul to catch up with European peers and…
Union Pacific posts weak profit as storm delays shipments
(Reuters) – Union Pacific Corp reported lower-than-expected fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and a…
EU financial services need shake-up to benefit retail investors, top official says
By Huw Jones LONDON (Reuters) – A potential ban on commissions paid by banks to financial advisers who sell their…
OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say
By Alex Lawler, Ahmad Ghaddar and Vladimir Soldatkin LONDON (Reuters) – An OPEC+ panel is likely to endorse the producer…