Uber to steal a march on Lyft in resurgent rideshare market
(Reuters) – Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s presence in major markets around the world gives it the…
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(Reuters) – Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s presence in major markets around the world gives it the…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor JANA Partners LLC, which has flexed its muscle at household names including Whole Foods and Freshpet, is promoting a veteran of…
By Ismail Shakil and Ben Blanchard OTTAWA/TAIPEI (Reuters) -Canada and Taiwan on Tuesday agreed to start formal negotiations for a deal to encourage two-way foreign investments and deepen their Indo-Pacific…
(Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S. antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue…
By Jorgelina do Rosario (Reuters) – The Paris Club of creditors has given financing assurances to support the International Monetary Fund’s approval of an extended fund facility for Sri Lanka,…
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom Italia’s landline grid while also…
(Reuters) – Alphabet Inc and rival Microsoft are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to AI chatbot…
PARIS (Reuters) – France’s economy is on course for marginal growth in the first half of this year, the INSEE statistics agency said on Tuesday, adding that whether strikes over…
(Reuters) – Microsoft Corp’s Outlook was back up for most users, the company said on Tuesday, after an hours-long outage disrupted the email service application for users primarily in North…
BERLIN (Reuters) – The Ford Motor Co works council in Cologne, Germany invited workers to a meeting on Feb 14 to update them on negotiations with management over planned job…
NEW YORK (Reuters) – U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against…
LONDON (Reuters) – Many mortgage borrowers could struggle to manage more expensive home loans this year, one of Britain’s top bank bosses said on Tuesday, as the cost of living…
By John Revill and Noele Illien ZURICH (Reuters) -Holcim AG, the world’s biggest cement maker, has agreed to buy U.S. roofing systems manufacturer Duro-Last in a $1.29 billion deal, the…
(Reuters) -Canada’s Hut 8 Mining Corp will merge with rival US Bitcoin Corp to create a crypto mining giant in North America, consolidating after a steep fall in valuations for…
By Noor Zainab Hussain, Mike Spector and Jessica DiNapoli (Reuters) -Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of…
(Reuters) – Australian health insurer Medibank Private Ltd said on Tuesday a class action suit had been filed against it over last year’s cybercrime incident that compromised personal information of…
By Chibuike Oguh NEW YORK (Reuters) – The investment arm of insurance giant Metlife Inc said on Tuesday it had agreed to acquire Raven Capital Management, a U.S. private credit…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada posted a C$160 million ($119.1 million) trade deficit in December as energy products dragged down exports and slowed economic growth weighed…
BEIJING (Reuters) -China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called “Ernie Bot” in March, as interest in generative artificial intelligence (AI) gathers…
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on Tuesday, suggesting sluggish demand for…
By Paul Lienert SANTA MONICA, Calif. (Reuters) – Automakers may not be able to build as many electric vehicles as they would like — and consumer demand for those EVs…
(Reuters) -Apollo Global Management Inc is among a group of financial firms considering investing in Credit Suisse’s revamped investment bank CS First Boston, a source with knowledge of the matter…
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) – BNP Paribas’ trading business drove the French bank’s sales growth in the fourth quarter, underpinning Chief Executive Jean-Laurent Bonnafe’s expansion strategy…
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to pare its advance of recent months but will keep trading at firm levels, helped by the central bank’s…
By Stephen Nellis (Reuters) – European chipmaker STMicroelectronics and chip design software maker Synopsys on Tuesday said STMicro had for the first time used artificial intelligence software running on Microsoft…