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Green steel needs tiered incentives to become reality in Asia: Russell
Economy

Green steel needs tiered incentives to become reality in Asia: Russell

By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…

Google DeepMind unveils next generation of drug discovery AI model
Business

Google DeepMind unveils next generation of drug discovery AI model

By Martin Coulter LONDON (Reuters) – Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model,…

Pfizer agrees to settle over 10,000 Zantac lawsuits, Bloomberg News reports
Business

Pfizer agrees to settle over 10,000 Zantac lawsuits, Bloomberg News reports

(Reuters) -Pfizer has agreed to settle more than 10,000 lawsuits about cancer risks related to the now discontinued heartburn drug…

Shopify’s downbeat revenue growth forecast sends shares to six-month low
Business

Shopify’s downbeat revenue growth forecast sends shares to six-month low

By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against…

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Business

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday,…

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions
Business

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions

By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com on Tuesday unveiled the first of a dozen Volvo electric big rigs it…

Rivian sticks to production forecast below Wall Street targets
Business

Rivian sticks to production forecast below Wall Street targets

By Akash Sriram and Abhirup Roy (Reuters) -Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below…

Reddit’s strong forecasts spark share surge after first results since IPO
Business

Reddit’s strong forecasts spark share surge after first results since IPO

By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second quarter thanks to its booming…

TikTok lawsuit tees up novel court fight over US ban
Domestic

TikTok lawsuit tees up novel court fight over US ban

By Mike Scarcella (Reuters) -TikTok’s new lawsuit to block a U.S. law forcing the social media company’s Chinese parent to…

Big Oil finds more to love in deepwater exploration fields
Business

Big Oil finds more to love in deepwater exploration fields

By Georgina McCartney HOUSTON (Reuters) -As Big Oil returns this week to the industry’s annual showcase for offshore energy projects…

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