innovation

Image for Molecular Partners to cut workforce by a quarter
Finance

Molecular Partners to cut workforce by a quarter

ZURICH (Reuters) -Swiss biotech firm Molecular Partners said on Tuesday that it plans to reduce its...

10th June, 2025

Image for Ryanair to buy 30 new jet engines from CFM for $500 million
Finance

Ryanair to buy 30 new jet engines from CFM for $500 million

(Reuters) -Ryanair said on Tuesday it had entered a $500 million deal with jet engine maker CFM for...

10th June, 2025

Image for Volvo Construction Equipment to build crawler excavators at regional plants
Finance

Volvo Construction Equipment to build crawler excavators at regional plants

HELSINKI (Reuters) -Swedish truckmaker Volvo said on Tuesday it will invest around 2.5 billion Swedi...

10th June, 2025

Image for Hyundai Motor has a rare earths stockpile that can last about a year, source says
Headlines

Hyundai Motor has a rare earths stockpile that can last about a year, source says

By Heekyong Yang SEOUL (Reuters) -Hyundai Motor has a rare earths stockpile that can last about a ye...

10th June, 2025

Image for Reuters unveils Reuters Open Interest, a new data-driven market and finance commentary product 
Finance

Reuters unveils Reuters Open Interest, a new data-driven market and finance commentary product 

By Anna Szymanski -Reuters on Monday announced the launch of Reuters Open Interest (ROI), a new sour...

10th June, 2025

Image for South Korea close to $6 billion tank deal with Poland in June, Yonhap reports
Headlines

South Korea close to $6 billion tank deal with Poland in June, Yonhap reports

SEOUL (Reuters) -South Korea is close to signing a deal worth around $6 billion to supply 180 K2 tan...

9th June, 2025

Image for Satellite images show damaged North Korean warship moved to a port for repair, report says
Headlines

Satellite images show damaged North Korean warship moved to a port for repair, report says

SEOUL (Reuters) -A North Korean stricken destroyer that partially capsized during a botched launchin...

9th June, 2025

Image for OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
Finance

OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024

(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of Ju...

9th June, 2025

Image for Factbox-Here is everything Apple announced at its annual developer conference
Headlines

Factbox-Here is everything Apple announced at its annual developer conference

By Akash Sriram (Reuters) -Apple unveiled upgrades to operating systems across its devices on Monday...

9th June, 2025

Image for Development banks to invest 3 billion euros in ocean plastics fight
Headlines

Development banks to invest 3 billion euros in ocean plastics fight

By Simon Jessop, Virginia Furness and Kate Abnett LONDON (Reuters) -A group of development banks pla...

9th June, 2025

Image for BYD names former Stellantis executive Zampese as Europe head of commercial vehicle business
Headlines

BYD names former Stellantis executive Zampese as Europe head of commercial vehicle business

MILAN (Reuters) -BYD has appointed Gianluca Zampese, a former Stellantis industry veteran, to a new...

9th June, 2025

Image for China's EV makers turn on BYD as price war escalates
Headlines

China's EV makers turn on BYD as price war escalates

BEIJING/SHANGHAI (Reuters) -Fierce competition among China's leading EV makers has intensified, with...

9th June, 2025