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UK car output logs fourth consecutive monthly fall in June, data shows

UK car output logs fourth consecutive monthly fall in June, data shows

(Reuters) – UK’s car output fell for the fourth consecutive month in June, as more manufacturers wound down old models and..

Reckitt to offload homecare brands, consider nutrition options

Reckitt to offload homecare brands, consider nutrition options

By Agata Rybska (Reuters) – Reckitt Benckiser will consider options for its troubled nutrition business and offload a portfolio ..

As losses mount, CrowdStrike says bug in quality-control process led to botched update

As losses mount, CrowdStrike says bug in quality-control process led to botched update

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-control system caused the software update that crashe..

German cabinet agrees to expand tax relief to boost economy

German cabinet agrees to expand tax relief to boost economy

By Christian Kraemer BERLIN (Reuters) -Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households..

Rheinmetall’s profit doubles as defence spending surges

Rheinmetall’s profit doubles as defence spending surges

  By Miranda Murray BERLIN (Reuters) -German arms manufacturer Rheinmetall more than doubled operating profit in the second quart..

Meta unveils biggest Llama 3 AI model, touting language and math gains

Meta unveils biggest Llama 3 AI model, touting language and math gains

  By Katie Paul NEW YORK (Reuters) -Meta Platforms released the biggest version of its mostly free Llama 3 artificial intelligenc..

Oil prices rise as US crude, fuel inventories seen shrinking

Oil prices rise as US crude, fuel inventories seen shrinking

By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapping three straight sessions of decline, as falling..

Oil prices rise as US crude, fuel inventories seen shrinking

Oil prices rise as US crude, fuel inventories seen shrinking

By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapping three straight sessions of decline, as falling..

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla profit margins worst in five years as price cuts, incentives weigh

By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Str..

Britain’s gas network ready for hydrogen fuel, report says

Britain’s gas network ready for hydrogen fuel, report says

LONDON (Reuters) – Britain’s national gas network is ready to accommodate hydrogen as a fuel to power homes and industry, ..