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Amazon investor proposal to review plastic use narrowly fails to clear

Amazon.com Inc's investor-led proposal to review its use of plastic won 49% support. This is even as shareholders voted down all the 15 resolutions at...

Uber seals taxi deal to expand in Italy

Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to boost its presence...

Lyft to slow hiring, assess budget cuts

Ride-hailing firm Lyft Inc said that it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting...

US bank profits dip as lenders rebuild loss cushions

U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion. This is because larger firms grew their loan loss provisions...

Financial risks of climate change overplayed

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...

Breaking

Crypto and Banks Intensify Senate Lobbying Ahead of Key Clarity Act Vote

The battle over major cryptocurrency legislation in the United...

Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...
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