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Category: Business

Amazon to stop support for communications service Chime next year
Business

Amazon to stop support for communications service Chime next year

(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept…

February 19, 2025March 21, 2025
Exxon plans large-scale gas project in oil-dominated Guyana
Business

Exxon plans large-scale gas project in oil-dominated Guyana

By Marianna Parraga and Kemol King GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil is planning to increase natural gas…

February 19, 2025March 21, 2025
BlackRock pauses corporate meetings in wake of new ESG rules
Business

BlackRock pauses corporate meetings in wake of new ESG rules

(Reuters) – BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from…

February 18, 2025March 21, 2025
Microsoft to invest $700 million to boost Poland’s cybersecurity
Business

Microsoft to invest $700 million to boost Poland’s cybersecurity

WARSAW (Reuters) -Microsoft plans to invest an additional 700 million dollars in Poland to improve Polish cybersecurity in cooperation with…

February 17, 2025March 21, 2025
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
Business

Crypto scams likely set new record in 2024 helped by AI, Chainalysis says

By Lisa Pauline Mattackal (Reuters) – The rise of “pig butchering” scams and the increasing use of generative artificial intelligence…

February 14, 2025March 21, 2025
Silver catches a lift from gold’s bull run to eye 10-year peak
Business

Silver catches a lift from gold’s bull run to eye 10-year peak

By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday, latching on…

February 14, 2025March 21, 2025
Banks sell down more X debt; just $1.3 billion now left on their books
Business

Banks sell down more X debt; just $1.3 billion now left on their books

By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed…

February 14, 2025March 21, 2025
JPMorgan Chase begins planned layoffs for 2025, source says
Business

JPMorgan Chase begins planned layoffs for 2025, source says

By Niket Nishant and Manya Saini (Reuters) -JPMorgan Chase started informing some employees of job cuts last week, a source…

February 12, 2025March 21, 2025
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
Business

AI chip startup Positron raises $23.5 million seed round to take on Nvidia

By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million…

February 11, 2025March 21, 2025
Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say
Business

Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential between its Office product sold…

February 10, 2025March 21, 2025

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