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The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.

General Motors to shut manufacturing operations in Colombia, Ecuador -statement

Reuters |Updated just now |1 min read

(Reuters) - Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at ...

The logo of German carmaker Porsche AG is seen before the company's annual news conference in Stuttgart, Germany, March 17, 2017.

Porsche AG posts Q1 profit drop on ramp-up costs

Reuters |Updated 3 minutes ago |1 min read

FRANKFURT (Reuters) - Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first ...

IGNITE Atlantic has partnered with Gujarat Grassroots Innovations Augmentation Network to facilitate cross-cultural collaboration and innovation. ANGELA CAPOBIANCO

IGNITE Atlantic signs MOU with Indian grassroots innovation organization

Angela Capobianco · Multimedia Journalist |Updated 50 minutes ago |2 min read Premium content

IGNITE Atlantic had signed a Memorandum of Understanding (MOU) with Gujarat Grassroots Innovations Augmentation Network (GIAN) on April 24. The MOU represents a strategic alliance facilitating knowledge and technology transfers and innovation ...

SaltWire

Column-US bond price slide puts buyers to the test: McGeever

Jamie McGeever |Updated 52 minutes ago |4 min read

By Jamie McGeever ORLANDO, Florida (Reuters) - The latest figures showing the surprising - some would say alarming - durability of U.S. inflation are also re-focusing the spotlight on the source and strength of demand for U.S. Treasuries. Bonds ...

European Commissioner for Europe fit for the Digital Age Margrethe Vestager attends a press conference presenting plans to boost the European Union's arms industry in Brussels, Belgium March 5, 2024.

EU's Vestager meets French tech firm Mistral AI amid competition concerns

Sudip Kar-Gupta |Updated 59 minutes ago |1 min read

By Sudip Kar-Gupta BRUSSELS (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector ...

SaltWire

Mexico's FEMSA revenues climb 11% on Oxxo, Coca-Cola growth

Reuters |Updated 1 hour ago |2 min read

MEXICO CITY (Reuters) - Mexico's FEMSA, which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted an 11% increase in revenue in the first quarter, boosted by growth across nearly all its business ...

Pope Francis gestures from the Pope mobile, as he attends the weekly general audience, in St. Peter's Square at the Vatican, April 24, 2024.

Pope will attend G7 summit to discuss AI, Italy says

Reuters |Updated 1 minutes ago |1 min read

ROME (Reuters) - Pope Francis will attend this year's Group of Seven (G7) leaders' summit to discuss the challenges posed by Artificial Intelligence (AI), Italian Prime Minister Giorgia Meloni said on Friday. The meeting that draws together the ...

A salesman is seen at his vegetable stand at the supply centre (CEASA) in Brasilia, Brazil May 9, 2023.

Brazil's inflation slows to 0.21% in mid-April

Reuters |Updated 2 hours ago |2 min read

SAO PAULO (Reuters) - Brazil's consumer prices rose slightly less than expected in the mid-April reading, data from statistics agency IBGE showed on Friday. Prices in Latin America's largest economy rose 0.21% in the month to mid-March, below the ...

Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023.

Brazil's central bank chief says no mechanical relationship between uncertainties and policy

Marcela Ayres |Updated 2 hours ago |2 min read

By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank chief said on Friday that the environment of greater uncertainties does not have a mechanical relationship with the conduct of monetary policy, emphasizing that U.S. interest rates are ...

A Renault logo is pictured in Brussels, Belgium March 4, 2024.

Renault talks to China's Li Auto and Xiaomi on tech collaboration

Reuters |Updated 2 hours ago |1 min read

PARIS (Reuters) - Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies.

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