Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million …
ChatGPT sets record for fastest growing user base – analyst notes Read More »
Market rout worsens in shares of Indian tycoon Adani Adani Enterprises loses $26 billion in value since report Falls after Adani pulls stock sale, investors fear Analysts say signals crisis of confidence in Indian market NEW DELHI/MUMBAI, Feb 2 (Reuters) – Adani Group’s market losses hit more than $100 billion on Thursday, raising concerns about …
Adani’s market losses top $100bn as discontinued stock sale spooks investors Read More »
TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it would start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and increase gradually its sales this decade, into an offer to develop its hydrogen activity. Honda will target annual sales of around 2,000 units of …
Honda will start producing a new hydrogen fuel cell system co-developed with GM Read More »
WASHINGTON, Jan 31 (Reuters) – The White House on Tuesday expressed outrage at Exxon Mobil Corp’s record 2022 net profit of $56 billion, an all-time high not just for the company but for the entire western oil industry. The oil majors are expected to beat their own annual records due to high prices and rising …
White House slams Exxon for historic $56 billion annual profit Read More »
HOUSTON, Jan 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted net profit of $56 billion for 2022, the company said on Tuesday, bringing in around $6.3 million per hour last year and setting not just a corporate record, but a historic record for the Western oil industry. The oil majors are expected to break their …
Exxon smashes the profits of Western oil majors with $56 billion in 2022 Read More »
Jan 30 (Reuters) – A U.S. appeals court on Monday dismissed an attempt by Johnson & Johnson (JNJ.N) to offload tens of thousands of lawsuits over its talc products in bankruptcy court. The ruling marked the first major repudiation of an emerging legal strategy that could upend US corporate liability law. J&J is among four …
US court rejects J&J’s bankruptcy strategy for thousands of talc lawsuits Read More »
Jan 30 (Reuters) – The Biden administration has stopped approving licenses allowing U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions on items for 5G and other technologies for several years, but U.S. Commerce Department officials have granted licenses to some …
US stops granting export licenses to Chinese Huawei – sources Read More »
Become CEO on July 1 Shareholder activist says with Schumacher when he was at Heinz First foreign CEO since the appointment of Paul Polman in 2008 Unilever shares top the FTSE 100 LONDON, Jan 30 (Reuters) – Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July, a move hailed …
Unilever appoints former Heinz Schumacher manager as CEO Read More »
SINGAPORE, Jan 30 (Reuters) – Oil prices fell on Monday, abandoning earlier gains as global producers this week are likely to keep output unchanged at a meeting this week and investors are cautious ahead of a Reserve meeting federal government which could stimulate market volatility. . Brent crude futures fell 20 cents, or 0.2%, to …
Oil drops ahead of OPEC+ and US Federal Reserve meetings Read More »
The last 747 freighter will be delivered to Atlas Air Ends over five decades of commercial production Boeing on the verge of bankruptcy, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – The Boeing (BA.N) 747, the original and arguably best-looking “Jumbo Jet”, revolutionized air …
Boeing’s 747, the original jumbo jet, prepares for final dispatch Read More »