(Reuters) – Intel Corp’s Chief Executive Pat Gelsinger on Monday said the initial public offering of its self-driving tech company…
China ADRs tumble as Xi’s new team sparks worries over economy’s path
By Medha Singh (Reuters) -U.S.-listed shares of Chinese companies slumped on Monday after President Xi Jinping’s new leadership team sparked…
Fintech Marqeta pushes into banking for next growth phase
By Hannah Lang (Reuters) – Marqeta, a fintech company focused on payments services, is launching a suite of new banking…
Microsoft revenue forecast under threat from PC market slump, mighty dollar
By Yuvraj Malik (Reuters) – Microsoft Corp is set to post its slowest quarterly revenue growth in over five years…
Exclusive-Toyota scrambles for EV reboot with eye on Tesla
By Norihiko Shirouzu (Reuters) – Toyota is considering a reboot of its electric-car strategy to better compete in a booming…
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said…
Exclusive-SAP delays Russia exit as deal talks fail and workers at risk
By Alexander Marrow and Supantha Mukherjee MOSCOW/STOCKHOLM (Reuters) – SAP will miss its deadline to exit Russia before the end…
Toyota to produce electric car powered by BYD batteries in China
BEIJING (Reuters) -Toyota Motor Corp announced on Monday the launch of a small electric sedan, which will be powered by…
UPS could keep outpacing FedEx as e-commerce delivery market dims
By Lisa Baertlein and Shivansh Tiwary (Reuters) – United Parcel Service investors want to see this week how the delivery…
U.S. hedge fund Third Point opens Tel Aviv office to scout investments
By Svea Herbst-Bayliss NEW YORK(Reuters) – Billionaire investor Daniel Loeb is searching for more promising startups and is setting his…