Business News – Page 34 – The paper fuel business magazine uk

21Jan

Netflix co-CEOs go on defensive over $83 billion Warner Bros deal

Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot. The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros'…

21Jan

SAP shares hit August 2024 low, $130B wiped off since peak

Milan: Shares in Germany's SAP extended a months-long downtrend on Wednesday, falling to their lowest since August 2024 and bringing the loss in market value since last year's record high…

21Jan

US House panel to vote on bill to give Congress authority over AI chip exports

New York: A key Republican lawmaker scheduled a committee vote on Wednesday for a bill that would give Congress power over artificial intelligence chip exports, despite pushback from White House…

21Jan

Intel results highlight turnaround as AI data centers drive chip demand

Intel shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data…

21Jan

Ford recalls over 119,000 U.S. vehicles over engine block heater fire risk, NHTSA says

Ford Motor is recalling 119,075 vehicles in the U.S. as the engine block heater may crack and leak coolant, potentially causing a short circuit and increasing the risk of a…

21Jan

Travelers tops Q4 profit estimates on strong underwriting and investment gains

Property and casualty insurance giant Travelers beat Wall Street estimates for fourth-quarter profit on Wednesday, driven by stronger underwriting performance and higher investment returns. Insurance spending has stayed resilient despite…

21Jan

Truist Q4 Profit Rises on Higher Interest Income and Investment Banking Fees

Truist Financial reported a rise in fourth-quarter profit on Wednesday, helped by higher interest income and fees from its investment banking businesses. Shares of the Charlotte, North ‌Carolina-based bank fell…

21Jan

O’Leary says any Ryanair stake would beat Musk’s X returns

Dublin: Elon Musk can't buy Ryanair, but any investment would do better than his returns from X, the airline's boss Michael O'Leary said on Wednesday, in the latest round of…

21Jan

OpenAI Pushes Governments to Build Data Centers and Expand AI Use in Public Services

San Francisco: OpenAI is expanding its efforts to convince global governments to build more data centers and encourage greater usage of artificial intelligence in areas such as education, health and…

21Jan

Court allows expert testimony linking J&J talc products to ovarian cancer claims

In a victory for thousands of women suing Johnson & Johnson over claims that the company's baby powder and other talc products caused their ovarian cancer, a court-appointed special master recommended…

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