Business Archives – Page 8 of 99

What are SPACs?

What are SPACS? This is a question many investors have been asking considering that the hottest private companies are by-passing traditional listing requirements and merging directly with special purpose acquisition companies. What are SPACs and […]

Reuters: OpenAI to Announce Google Search Competitor on Monday

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Ukraine: “Drone warfare” transforms war

The Russian and Ukrainian military drone operators are posting daily videos of drone attacks on social media, demonstrating how drones, costing as little as a few dollars, can effectively destroy tanks and other weapons worth millions of yen, and highlighting how drones are transforming the modern battlefield. Drones – remotely controlled unmanned aerial vehicles – […]

US and UK expose widespread Chinese cyber attacks and espionage activities, prosecute and impose sanctions on those involved

FILE PHOTO: A security camera is seen on a computer screen in front of a security camera taken by a security expert from the Ministry of State Security of China in Beijing, China, March 25, 2017. REUTERS/Kacper Pempel/File Photo [ワシントン２５日ロイター] – The United States and the United Kingdom announced on the 25th that […]

Reuters: ‘EU’s Vestager Warns About Apple, Meta Fees, Disparaging Rival Products’

Item 1 of 3 An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. REUTERS/Gonzalo Fuentes/File Photo [1/3] An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensing Rightsopens new tab BRUSSELS, March 19 (Reuters) – EU antitrust chief Margrethe […]

Meta Offers to Reduce No-Ads Subscription Fee for Facebook and Instagram in EU, but Critics Want No Fee at All

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India ICICI Bank’s net profit jumps 30% in January-March

MUMBAI, April 22 (Reuters) – Indian private lender ICICI Bank (ICBK.NS) on Saturday reported a near 30% increase in net profit for the fiscal fourth quarter ending in March, on the back of improved net interest income and healthy loan growth.Standalone net profit for the quarter was 91.22 billion Indian rupees ($1.11 billion), up from… […]

India’s ICICI Bank posts 30% jump in Q4 net profit

MUMBAI, April 22 (Reuters) – India’s ICICI Bank (ICBK.NS) on Saturday reported a 30% increase in fourth-quarter net profit helped by improved net interest income and growth in loans.Standalone net profit rose to a record 91.22 billion Indian rupees ($1.11 billion) from 70.19 billion a year earlier.That topped the 90.41 billion forecast by analysts, Refinitiv… […]

Business fights back as Republican state lawmakers push anti-ESG agenda

So far 99 anti-ESG bills filed in 2023 vs 39 in 2022Goals include protecting fossil fuel investments, firearmsBusinesses, pension investors pushing backUtah’s Republican Treasurer says ESG part of “Satan’s plan”April 22 (Reuters) – U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse efforts face increasing pushback from businesses and… […]

How the U.S. Clean Air Act lets closed coal plants keep polluting for years

April 22 (Reuters) – Hatfield’s Ferry Power Station, a Pennsylvania coal-fired power plant, stopped producing electricity in 2013. Its closure came in a wave of coal-plant shutdowns triggered by competition from cheaper, cleaner natural gas and incentives in the U.S. Clean Air Act.But the facility’s legacy of smog pollution continued long after it closed.That’s because… […]