Author Archives: Syndicated Content
Siemens Energy sell-off continues, takes market value loss to $8.2 billion
FRANKFURT (Reuters) - Siemens Energy fell for a second consecutive day on Monday, hit by a raft of target price cuts and rating downgrades in the wake of deeper-than-expected problems at its wind turb...
Jun 26, 2023
Databricks strikes $1.3 billion deal for generative AI startup MosaicML
(Reuters) - Databricks said on Monday it has agreed to acquire generative artificial intelligence startup MosaicML in a deal valued at roughly $1.3 billion. The deal comes at a time when Artificial In...
Jun 26, 2023
Tesla’s searing rally elicits downgrades, caution on Wall Street
By Aniruddha Ghosh (Reuters) - A blistering rally in Tesla Inc shares has powered the EV maker's market value toward trillion-dollar levels, prompting some analysts to question its valuation and downg...
Jun 26, 2023
Russian court jails academic Golubkin for 12 years for treason
MOSCOW (Reuters) - A Russian court on Monday jailed an academic, Valery Golubkin, for 12 years after convicting him of treason. Golubkin, a professor at a Moscow institute studying aerodynamics, was d...
Jun 26, 2023
Defying high prices, Muslim pilgrims head to Mecca for haj
By Arafat Barbakh MECCA, Saudi Arabia (Reuters) - Palestinian pilgrim Abu Anas Abu Rahal was hoping to find cheaper lodgings for a week-long stay in Islam's holiest sites in Saudi Arabia, as the minim...
Jun 26, 2023
Spirit Aero flags progress in talks with the union
(Reuters) - Spirit Aerosystems said on Monday it had held "constructive and positive meetings" with the U.S. machinists union through the weekend, indicating progress in negotiations for a new contrac...
Jun 26, 2023
COVID-19 vaccine scheme for poorest has $2.6bn left to spend as pandemic recedes
By Jennifer Rigby LONDON (Reuters) - Several billions of dollars left in a scheme to deliver COVID-19 vaccines to the world's poorest could be diverted to prepare for other pandemics or to support vac...
Jun 26, 2023
Sudanese-Canadian campaigns to help adopted sister stranded in Khartoum
By Mai Shams El-Din CAIRO (Reuters) - A Sudanese-Canadian citizen has been separated from an adopted sister and her children and is trying to help them secure safe passage out of Sudan where they have...
Jun 26, 2023
Indonesia cites deforestation decline from stricter controls
By Ananda Teresia JAKARTA (Reuters) - Indonesia, home to a third of the world's rainforests, has seen its annual deforestation drop by 8.4%, its environment ministry said on Monday, attributing the fa...
Jun 26, 2023
VW expects compensation claims over emissions devices to be thrown out
KARLSRUHE, Germany (Reuters) - Volkswagen expects German courts to reject any compensation claims from car owners about devices that control emissions in its engines because they are not illegal, a sp...
Jun 26, 2023
