(Reuters) - Wells Fargo (NYSE:WFC) has withdrawn from a group of global banks committed to curbing greenhouse gas emissions, increasing the number of high-profile firms exiting...
-- French cosmetics giant L’Oreal SA (EPA:OREP) is close to acquire Gowoonsesang Cosmetic, the South Korean skincare business owned by Mibelle Group, Reuters reported...
LONDON (Reuters) - Volkswagen (ETR:VOWG_p) announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp...
FRANKFURT (Reuters) - Here are the main points of a deal struck on Friday between Volkswagen (ETR:VOWG_p) and unions on the carmaker's German sites and jobs. The agreement...
-- OpenAI, the artificial intelligence firm, announced on Friday that it is currently testing its new reasoning AI models, named o3 and o3 mini. This development...
(Reuters) - OpenAI said on Friday it was testing new reasoning AI models, o3 and o3 mini, in a sign of growing competition with rivals such as Google to create smarter models...
-- Nike Inc's (NYSE:NKE) turnaround strategy under new CEO Elliot Hill is creating short-term challenges but could set the stage for recovery by 2025, Truist said...
-- Shares of Ironwood Pharmaceuticals (NASDAQ:IRWD) soared by as much as 32% today, following a significant development in the biotech sector that could indirectly...
-- Shares of Cytokinetics (NASDAQ:CYTK), Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (NASDAQ:SNY) will acquire exclusive...
By Abhijith Ganapavaram (Reuters) -FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle...