Air Canada sees business travel rebound as early as Sept., executive says

Air Canada sees business travel rebound as early as Sept., executive says

Air Canada plans are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS / Carlos Osorio Register now for FREE unlimited access to Reuters.com Register MONTREAL, May 18 (Reuters) – Air Canada (AC.TO) sees higher-margin business travel coming “quite close” to pre-pandemic levels by as early as September, in the latest … Read more

Caterpillar eyes energy transition as growth driver for mining business

Caterpillar eyes energy transition as growth driver for mining business

People visit heavy machinery of Caterpillar at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China November 27, 2018. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register DALLAS, May 17 (Reuters) – Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the … Read more

Tesla cars, Bluetooth locks, vulnerable to hackers, researchers say

Tesla cars, Bluetooth locks, vulnerable to hackers, researchers say

LONDON, May 17 (Reuters) – Millions of digital locks worldwide, including on Tesla (TSLA.O) cars, can be remotely unlocked by hackers exploiting a vulnerability in Bluetooth technology, a cybersecurity firm said on Tuesday. In a video shared with Reuters, NCC Group researcher Sultan Qasim Khan was able to open and then drive a Tesla using … Read more

Enel eying US market for grid business

Enel eying US market for grid business

A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS / Flavio Lo Scalzo / File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of … Read more

REE Automotive to build commercial EV plant in UK’s Coventry

REE Automotive to build commercial EV plant in UK’s Coventry

Prototypes of a rolling chassis for electric vehicles developed by Israel’s REE Automotive, is seen during a test drive in Beersheba, southern Israel September 17, 2020. REUTERS / Amir Cohen Register now for FREE unlimited access to Reuters.com Register LONDON, May 16 (Reuters) – REE Automotive (REE.O), which develops rolling chassis for commercial electric vehicles … Read more

Adani acquires controlling stake in Holcim’s India business in a $ 10.5 billion deal

Adani acquires controlling stake in Holcim’s India business in a $ 10.5 billion deal

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS / Amit Dave / File Photo Register now for FREE unlimited access to Reuters.com Register May 15 (Reuters) – India’s Adani Group acquired a controlling stake in Holcim AG’s … Read more

Wall Street Week Ahead: Signs of market bottom elude investors after steep selloff

Wall Street Week Ahead: Signs of market bottom elude investors after steep selloff

“Stock Exchange” is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, US, March 29, 2021. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Investors are studying an array of indicators for clues on how … Read more

Sage says small business customers remain ‘resilient’

Sage says small business customers remain ‘resilient’

H1 recurring revenue rises 8%, on track for year H1 operating profit meets expectations with 4% rise Says small business customers remain confident LONDON, May 13 (Reuters) – British software company Sage (SGE.L) said momentum in its cloud business would keep organic recurring revenue motoring in the second half as its customers turn to its … Read more

China scrutiny stymies JD.Com fintech unit’s $2 bln Hong Kong IPO -sources

China scrutiny stymies JD.Com fintech unit’s  bln Hong Kong IPO -sources

A man stands outside JD.Com’s headquarters, amid the Singles’ Day shopping festival, during an organized tour in Beijing, China, November 9, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 12 (Reuters) – JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an … Read more

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

A Wells Fargo logo is seen in New York City, US January 10, 2017. REUTERS / Stephanie Keith Register now for FREE unlimited access to Reuters.com Register May 6 (Reuters) – A federal judge on Friday dismissed class-action claims that Wells Fargo & Co (WFC.N), the fourth-largest US bank, misled or defrauded shareholders about its … Read more