UN chief urges tech sector to power data centers with renewables
By Valerie Volcovici WASHINGTON (Reuters) -U.N. Secretary General António Guterres on Tuesday called on tech companies to power the build out of data centers with 100% renewable energy by 2030, even as the industry turns to gas and coal-fired power pla...
13m ago
Ireland to tap multinational tax windfall to raise infrastructure spending by 23%
DUBLIN (Reuters) -Ireland will boost spending on infrastructure projects over the next five years by 23%, to 112 billion euros ($131 billion), as it takes advantage of a windfall of multinational tax, including a 14 billion euro Apple back-tax payment....
14m ago
MSCI reports higher second quarter profit on robust demand for index products
(Reuters) -Index provider MSCI reported a rise in second-quarter profit on Tuesday, as improved spending by clients drove up demand for its index products and analytics services. WHY IT'S IMPORTANT MSCI's results often reflect sentiment in the broader ...
15m ago
Equifax beats quarterly profit estimate, raises annual revenue forecast
(Reuters) -Credit bureau Equifax beat Street estimates for second-quarter profit on Tuesday, helped by a smaller-than-expected drop in inquiries for mortgage credit reports, and raised its annual revenue forecast marginally. Mortgage inquiries buoyed E...
15m ago
Fed's Bowman: Fed independence is very important with respect to monetary policy-CNBC
(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy without political interference is "very important." "It's very important ... that we maintain our independence with ...
16m ago
China's market regulator suspends antitrust investigation into DuPont China
BEIJING (Reuters) -China's market regulator said in a statement on Tuesday that it had suspended the antitrust investigation into DuPont China Group, a subsidiary of the U.S. firm DuPont. The regulator launched an investigation into DuPont China in Apr...
17m ago
Paintmaker Sherwin-Williams cuts 2025 profit forecast on soft demand
(Reuters) -Sherwin-Williams cut full-year adjusted profit forecast and missed second-quarter earnings estimate on Tuesday, hit by soft demand for paint products, sending the company's shares down more than 4% in premarket trading. A sharp drop in new U...
17m ago
Philip Morris' shares slip in pre-market trading on quarterly revenue miss
(Reuters) -Marlboro-maker Philip Morris International (PMI) on Tuesday reported second-quarter revenue behind expectations as cigarette sales slipped and shipments of its ZYN nicotine pouches fell short of forecasts. Shares in the world's largest toba...
18m ago
Stellantis to debut Leapmotor's EVs in South Africa this year
By Nqobile Dludla JOHANNESBURG (Reuters) -Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in South Africa starting with the C10 from September, the company said on Tuesday. The C10 is an electric SUV with a...
19m ago
European second-quarter corporate profits expected to fall 0.3%
By Javi West Larrañaga and Marleen Kaesebier (Reuters) -The outlook for European corporate health has slightly improved, the latest earnings forecasts showed on Tuesday, despite continued uncertainty over global trade and the European Union preparing f...
20m ago
