Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Alphabet announces reduced costs for its leading AI model Gemini
By Anna Tong In a bid to attract developers to build on its artificial intelligence platform, Alphabet on Wednesday said it was making a version of its most advanced model available to developers imme...
Dec 13, 2023
Disney, Comcast increase US ad spending on Instagram after dropping Musk’s X – report
By Jaspreet Singh (Reuters) - Big U.S. companies including Walt Disney and Comcast increased advertising spending on Instagram after pausing commercials on X last month, according to Sensor Tower, as ...
Dec 13, 2023
Etsy shares dive after e-commerce company cuts workforce
By Chibuike Oguh NEW YORK (Reuters) - Shares of Etsy Inc dropped on Wednesday after the e-commerce platform announced it would slash 11% of its workforce as it seeks to cut costs, pressured by weakeni...
Dec 13, 2023
Lucid has assembled near 800 cars in Saudi plant, focused on training -VP
By Pesha Magid RIYADH (Reuters) - Lucid Group has assembled almost 800 cars in its Saudi Arabian factory since its opening, with its main focus on training more than 200 local employees, the EV maker'...
Dec 13, 2023
Germany clinches last-minute 2024 budget deal, keeps debt brake
By Maria Martinez, Andreas Rinke and Sarah Marsh BERLIN (Reuters) -Germany's government clinched a last-minute deal on its 2024 budget on Wednesday that will see Berlin return to its self-imposed limi...
Dec 13, 2023
Etsy to cut 225 jobs as part of restructuring
(Reuters) - Etsy said on Wednesday it was planning to cut about 225 jobs, or 11% of its marketplace workforce, as part of a restructuring to pare down operating costs. Shares of the company fell 7% af...
Dec 13, 2023
US new vehicle sales to rise 1% in 2024 – report
(Reuters) - U.S. new vehicle sales are expected to rise just 1% to 15.7 million units next year, car shopping website Edmunds said on Wednesday, as demand is likely to come under pressure from high in...
Dec 13, 2023
‘People are going to suffer’: Argentines grapple with austerity shock
By Claudia Martini and Lucila Sigal BUENOS AIRES (Reuters) - On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures...
Dec 13, 2023
BP claws back $40 million from former CEO Looney
By Ron Bousso and Pushkala Aripaka LONDON (Reuters) -BP cut over $40 million in remuneration from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over...
Dec 13, 2023
Citigroup offers partial early bonuses to encourage exits – Bloomberg News
(Reuters) -Citigroup is offering to pay some of its employees a portion of their annual bonuses early if they agree to voluntarily depart, Bloomberg News reported on Wednesday, citing people familiar ...
Dec 13, 2023
