GM outlines $9.3 billion in increased costs from new labor deals

[1/2]A Cruise self-driving car, which is owned by General Motors, is seen outside the company’s headquarters in San Francisco, California, U.S., September 26, 2018. REUTERS/Heather Somerville/File Photo Acquire Licensing Rights Show more companies Nov 29 (Reuters) – General Motors (GM.N) said on Wednesday its new labor deals following a lengthy U.S. strike will cost it… Continue reading GM outlines $9.3 billion in increased costs from new labor deals

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Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing Rights BERLIN, Nov 29 (Reuters) – Germany’s Bitcoin Group (ADE.DE) said on Wednesday it was taking measures to improve its internal control system, after the financial regulator Bafin ordered its… Continue reading Untitled

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LONDON, Nov 29 (Reuters) – Uber (UBER.N) will open up its platform to London’s black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital’s taxis after a decade of tensions. London’s black cab drivers – who have to pass a test called “The Knowledge” requiring them to memorise… Continue reading article with video

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A Chinese flag flutters near a Huawei store in Shanghai, China, Sept. 8, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Show more companies HONG KONG/SHANGHAI, Nov 29 (Reuters) – Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells… Continue reading Untitled

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TOKYO, Nov 29 (Reuters) – When Japan’s Rakuten (4755.T) launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world’s third-largest telecoms market. It’s done that in part, but the greater shake-up has been to its finances. By any measure, cash-bleeding Rakuten Mobile is deeply troubled. Founder and CEO… Continue reading Untitled

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[1/2]The logo of U.S. online retailer Amazon is displayed at a logistics centre in Trapagaran, northern Spain, November 22, 2023. REUTERS/Vincent West/File Photo Acquire Licensing Rights Nov 28 (Reuters) – Amazon (AMZN.O) is trying to lure big corporate customers to it AWS cloud computing service with a new chatbot for businesses, and by offering to… Continue reading article with gallery

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The logo of Amazon is seen at the company’s logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo Acquire Licensing Rights Nov 28 (Reuters) – Amazon.com (AMZN.O) on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition with Microsoft (MSFT.O) to dominate the market for artificial intelligence heats… Continue reading Untitled

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights LONDON, Nov 28 (Reuters) – Symphony, the markets infrastructure and tech firm, is teaming up with Google (GOOGL.O) to ramp up its voice analytics offering to banks and investment… Continue reading Untitled