Swiss National Bank cuts overnight deposit rates to curb soaring interest costs
(Reuters) – The Swiss National Bank is set to reduce the amount of money it pays commercial banks after it…
Western Digital plans to split business segments, stock surges 8%
Western Digital (NASDAQ:WDC), the data-storage firm, is set to divide its hard drive and flash-memory segments in a planned spinoff.…
Apple gears up for ‘Scary Fast’ event, set to unveil new Macs and M3 iMac
Apple Inc. (NASDAQ:AAPL) is preparing for an intriguing “Scary Fast” special online event today, where the tech giant is expected…
Berkshire Hathaway’s NEAM increases stakes in Coca-Cola, U.S. Bancorp, and Johnson & Johnson
Berkshire Hathaway (NYSE:BRKa)’s subsidiary, New England Asset Management (NEAM), has recently increased its investments in Coca-Cola (NYSE:KO), U.S. Bancorp, and…
Adani Green Energy posts 149% YoY net profit growth in Q2 FY24
Adani Green Energy, under the stewardship of Gautam Adani and CEO Amit Singh, has reported a substantial 149% year-on-year (YoY)…
US progressive groups ask DOJ to reverse new M&A safe harbor policy
(Reuters) – More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they…
Porsche to integrate Google Maps, Assistance into future cars
BERLIN (Reuters) – Porsche will integrate Google (NASDAQ:GOOGL) Maps, Google Assistance and other apps from Google Play into its future…
Tesla workers refuse walkout as strike fails in Sweden
IF Metall, a Swedish trade union, announced that Tesla (NASDAQ:TSLA) would face a strike initiated by its members this past…
Air Canada lifts profit forecast on international travel rebound
(Reuters) – Air Canada expects 2023 core profit towards the higher range of its previous forecast, it said, after beating…
Oil Majors Exxonmobil and Chevron Ramp Up Fossil Fuel Investments
ExxonMobil and Chevron (NYSE:CVX) have amplified their fossil fuel investments in defiance of global appeals for a clean energy transition.…