(Reuters) -Swedish fintech Klarna and some of its shareholders priced its U.S. IPO at $40 per share, valuing the company at $15.1 billion, a source told Reuters on Tuesday. (Reporting by Devika Nair in Bengaluru; Editing by Arun Koyyur)
(Reuters) -Apple unveiled a new generation of the iPhone, including a sleek model dubbed iPhone 17 Air, and several other devices on Tuesday, as it looks to drive upgrades and spur sales ahead of the holiday shopping season. The Cupertino, California-based company largely kept device prices unchanged from last year, but dropped the 128 GB …
Factbox-Apple launches slim iPhone 17 Air, new AirPods and Watch in holiday refresh Read More »
By Stephen Nellis and Aditya Soni CUPERTINO, California (Reuters) – Apple on Tuesday introduced an upgraded line of new iPhones, including a slimmer iPhone Air, and held prices steady amid U.S. President Donald Trump’s tariffs that have hurt the company’s profit. The iPhone Air comes with a high-density battery and a brand new processor, and will …
Apple holds down new iPhone prices amid threats of Trump tariffs Read More »
STOCKHOLM (Reuters) -Most European truckmakers are on track to meet the European Union’s 2025 emissions targets, despite electric trucks making up only a small share of sales, a report from the International Council on Clean Transportation (ICCT) showed on Wednesday. Heavy-duty vehicles (HDVs) – which are almost entirely diesel-powered – account for a quarter of …
Diesel tweaks help truckmakers hit EU climate targets Read More »
BRUSSELS (Reuters) -Hybrid cars release far more carbon dioxide than their official ratings indicate and should not qualify as low-emission vehicles to meet European Union targets, a report by transport research and campaign group T&E said on Wednesday. European auto executives are expected to air their complaints about EU CO2 emissions targets at a meeting …
Hybrid cars are not low-emission fix to meet EU CO2 targets, says campaign group Read More »
(Reuters) -Microsoft will require employees to work from office at least three days a week starting next year, the company said in a blog post on Tuesday. The policy will be rolled out in three phases, starting with employees near the company’s headquarters in Redmond, Washington, followed by other U.S. locations and international employees, Microsoft’s …
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WASHINGTON (Reuters) -U.S. low-cost carrier Southwest Airlines would need different aircraft if it were to launch flights to Europe, CEO Bob Jordan told a Washington D.C. gathering of aerospace executives on Tuesday. Southwest, which operates mostly domestic flights with a fleet of Boeing 737 jets, has been struggling to find its footing after the COVID …
(Reuters) -Sweden’s music rights organisation has introduced a licence that allows artificial intelligence companies to legally use copyrighted songs for training their models, while ensuring that songwriters and composers are paid. The move announced by rights group STIM on Tuesday responds to a surge in generative AI usage across creative industries that has prompted lawsuits …
Sweden launches AI music licence to protect songwriters Read More »
MILAN (Reuters) -Ferrari on Tuesday completed a refresh of its hybrid range with the new 849 Testarossa sportscar, a tribute to the famous original Testarossa model of the 1980s. Ferrari unveiled the new plug-in hybrid, four-wheel drive in Milan, a car which will replace 2019’s SF90 Stradale at the top of its range. The new …
Ferrari evokes spirit of 1980s with new 849 Testarossa hybrid Read More »
(Reuters) – London-listed miner Anglo American said on Tuesday it has agreed a merger with Canada’s Teck Resources, in what would be the biggest mining sector M&A deal in over a decade. Both companies have been at the centre of takeover interest in recent years, with Britain’s Glencore pursuing Teck and Australia’s BHP targeting Anglo …
Anglo American’s path to $53 billion Teck Resources merger Read More »
