TOKYO (Reuters) – Honda Motor aims to double its global hybrid car sales to 1.3 million vehicles annually by 2030…
AI startup Databricks hits $62 billion valuation in record VC round
By Krystal Hu and Niket Nishant (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one…
MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows
By Niket Nishant and Manya Saini (Reuters) – Retail investors poured nearly $11 million into MicroStrategy’s shares on Monday, almost…
AI startup Basis raises $34 million for accounting automation ‘agent’
By Anna Tong (Reuters) – Artificial intelligence startup Basis has raised $34 million in a Series A funding round for…
Brazilian digital lender Nubank invests $150 million in Tyme Group
SAO PAULO/JOHANNESBURG (Reuters) -Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based…
Air Canada eyes strong revenue growth by 2028, banks on robust leisure travel demand
(Reuters) – Air Canada said on Tuesday it was targeting a 36% jump in its 2028 operating revenue from the…
VW union calls for compromise in last-ditch talks before Christmas
By Victoria Waldersee HANOVER, Germany (Reuters) -Volkswagen’s works council chief said that cost cuts must exclude plant closures or redundancies,…
Shein weighs sale of less than 10% of company in London IPO, sources say
By Julie Zhu and Anousha Sakoui HONG KONG/LONDON (Reuters) -Fast fashion retailer Shein is considering asking UK regulators to waive…
T-Mobile announces $14 billion share buyback program
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares…
Unsupported price hikes added $815 million to US drug spending in 2023
By Sriparna Roy (Reuters) – Price increases for five of the 10 drugs that contributed the most to a rise…