worldbusinessstar
Uber seals taxi deal to expand in Italy
Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to boost its presence...
Lyft to slow hiring, assess budget cuts
Ride-hailing firm Lyft Inc said that it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting...
US bank profits dip as lenders rebuild loss cushions
U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion. This is because larger firms grew their loan loss provisions...
Financial risks of climate change overplayed
Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...
Tesla brand threatened by Musk harassment claim
Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire's latest comments on politics and a claim...
Ericsson to restructure operations
Ericsson laid out plans to restructure its operating units to focus on mobile infrastructure and business customers, and announced that two senior executives will...
China in talks with automakers on EV subsidy extension
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022. This is by...
Citi shares climb as Berkshire reveals new $3 BLN stake
Citigroup Inc's shares rose nearly 8% after a new $3 billion bet by billionaire investor Warren Buffett's Berkshire Hathaway Inc boosted confidence in the battered Wall...
Deutsche Bank not financial controversial African oil pipeline
Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person...
Indonesia’s Jokowi meets Tesla’s Musk after nickel talks
Indonesian President Joko Widodo met Tesla Inc Chief Executive Elon Musk in Texas to discuss potential investments and technology, Indonesia's government said. The meeting between...
