Feb 08, 2024
HSBC partners with Google to hit $1 billion climate tech finance goal

By Simon Jessop and Sinead Cruise LONDON (Reuters) - Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising solutions to global climate change, executives from both firms told…

Jan 30, 2024
Industry pain abounds as electric car demand hits slowdown

By Nick Carey and Joseph White (Reuters) - While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. Investment in capacity…

Jan 29, 2024
Alphabet, Meta ad sales in Q4 unlikely to reflect gen AI investments

By Sheila Dang AUSTIN, Texas (Reuters) - Despite the buzz over generative artificial intelligence last year, the technology's impact on the advertising business of Alphabet and Meta Platforms is likely to be muted when the companies report fourth-quarter results this…

Jan 29, 2024
What investors are saying about China’s market meltdown

(This Jan. 23 story has been refiled to correct name to Diane, not Diana, in paragraph 29) (Reuters) - Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world's second-biggest economy…

Jan 24, 2024
Microsoft hits $3 trillion market value, second to Apple

By Chibuike Oguh NEW YORK (Reuters) - Microsoft's stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world's second most valuable company, just behind Apple. Microsoft and Apple shares have…

Jan 24, 2024
Tyson Foods drops CVS for startup to manage staff pharmacy benefits

By Christy Santhosh (Reuters) -Tyson Foods has dropped CVS Health as its pharmacy benefit manager and replaced it with Rightway, the startup said on Wednesday, to manage drug benefits for the meatpacker's 175,000 employees. Three pharmacy benefit managers (PBMs) —…

Jan 24, 2024
Six dead in Rio Tinto plane crash in Canada’s Northwest Territories

By Nia Williams (Reuters) -Six people were killed after a small plane carrying global miner Rio Tinto's workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT) on Tuesday, the NWT Coroner Service said on Wednesday. Four passengers and…

Jan 24, 2024
How Biden plans to fight Trump in 2024, hoping for a repeat win

By Trevor Hunnicutt, Nandita Bose and Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden is getting the opponent he thinks he was made to beat in 2024. Donald Trump's decisive victory in the first two Republican presidential contests in…