By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan’s central bank on Monday raised its key interest…
Apple targets raising India production share to up to 25% – minister
NEW DELHI (Reuters) -Apple Inc wants India to account for up to 25% of its production from about 5%-7% now,…
Microsoft to invest more in OpenAI as tech race heats up
By Jeffrey Dastin (Reuters) -Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the…
Spotify to trim 6% of workforce in latest tech layoffs
(Reuters) -Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related…
Baker Hughes misses profit estimate amid shortages, inflation
By Arunima Kumar and Liz Hampton (Reuters) -Baker Hughes Co on Monday reported results that missed Wall Street’s fourth-quarter profit…
U.S. leading indicators index falls for 10th straight month
(Reuters) – A gauge of future U.S. economic activity tumbled for a 10th straight month in December with a widespread…
Activist investor Elliott Management takes stake in Salesforce – sources
(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc, according to…
UK employers urge Sunak to act urgently on growth reforms
By William Schomberg and David Milliken LONDON (Reuters) -Britain is lagging its peers in the race to spur economic growth…
Renault’s top executives to join key Nissan alliance talks via video-sources
PARIS/TOKYO (Reuters) – Renault’s chairman and CEO will not travel to Japan for a board meeting on how to reshape…
Microsoft, Amazon results to highlight softening cloud business
By Yuvraj Malik and Aditya Soni (Reuters) – Slower cloud spending by inflation-hit businesses is expected to stall the sales…