Reuters UK Business

By Max A. Cherney SAN FRANCISCO (Reuters) -Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week. It will also launch a preview of new Cobalt …

Microsoft offers cloud customers AMD alternative to Nvidia AI processors Read More »

PARIS (Reuters) – Shipping group CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an influx of new ships to weigh on the market later in the year, it said on Friday. France-based CMA CGM, the world’s third-largest …

Shipping group CMA CGM gets Q1 boost but sees overcapacity looming Read More »

FRANKFURT (Reuters) – Germany’s most powerful union has threatened to withhold support for a partial sale of Thyssenkrupp’s steel unit unless the group provides guarantees for investments, sites and jobs, a leading labour representative told weekly Welt am Sonntag. “Those are red lines for us,” said Knut Giesler, who leads IG Metall’s branch in North …

IG Metall threatens Thyssenkrupp over planned sale of steel unit Read More »

(Reuters) – Russian Deputy Prime Minister Alexander Novak, point man for the energy sector and negotiations with the OPEC+ grouping, has been given new responsibilities for coordinating the economy, according to a government announcement issued on Friday. The announcement, posted on the government.ru website, gave a list of Novak’s additional duties, including coordination of socio-economic …

Russian deputy PM given new tasks for coordination of economy Read More »

(Reuters) -Swedish electric vehicle firm Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s listing rules related to the timely filing of the company’s annual report with the U.S. securities regulator. The company said it is working to file its annual report for the fiscal year ended Dec. 31 …

Swedish EV maker Polestar gets Nasdaq notice on potential de-listing Read More »

By Jonathan Stempel (Reuters) – Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese’s peanut butter candies after opening the packaging. In a proposed class action on Friday, four Reese’s consumers in southern Florida said they were “very disappointed” that the …

Hershey faces larger lawsuit over missing designs on Reese’s candies Read More »