Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears
By Sriparna Roy (Reuters) -Novavax on Thursday tried to calm investors spooked by the delay of full approval of its…
Category: Business
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…
Intel shareholders approve equity incentive plan, new CEO pay
SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a company measure aimed at topping up share reserves to attract and…
Musk’s xAI joins TWG Global, Palantir for AI push in financial sector
(Reuters) -Elon Musk’s artificial intelligence company xAI has partnered with Palantir Technologies and investment firm TWG Global, the companies said…
Microsoft launches lower-priced AI laptops with Qualcomm chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft on Tuesday said it will release a new laptop and tablet with chips…
Volvo Cars’ battery company Novo Energy to cut half of workforce
STOCKHOLM (Reuters) – Volvo Cars’ battery company Novo Energy said on Monday it will cut its workforce by 50% to…
China’s Ant Group plans to list overseas unit in Hong Kong, report says
HONG KONG (Reuters) -Ant Group, an affiliate of China’s e-commerce giant Alibaba Group plans to list its overseas arm, Ant…
Big Oil earnings show split in production strategy, shareholder returns
By Sheila Dang and Shadia Nasralla HOUSTON/LONDON (Reuters) -Big Oil’s first-quarter earnings have shown a clear split in how companies…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply
(Reuters) – Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June…