Half of OVHcloud capacity is available, AI model launching in early 2027, CEO says

2 weeks ago

By Leo Marchandon Oct 20 (Reuters) - OVHcloud expects to launch its first AI model in early 2027, its chief…

BRIEF-HEISCO Renews KD 40 Million Credit Facilities Agreement With Local Bank

2 weeks ago

Oct 20 (Reuters) - HEAVY ENGINEERING INDUSTRIES AND SHIPBUILDING: * HEISCO - RENEWED CREDIT FACILITIES AGREEMENT WITH LOCAL BANK *…

Volkswagen bet on Xpeng to save its China business. It's not going to plan

2 weeks ago

By Ju-min Park and Christina Amann BEIJING/BERLIN, Oct 20 (Reuters) - When Volkswagen turned to EV maker Xpeng in 2023…

UPDATE 1-Bonfires of electric bikes burn in Paris riots

2 weeks ago

* Piles of e-bikes burnt amid protests around France * Dott says about 300 electric bikes destroyed in Paris on…

OVHcloud meets 2026 targets, posts first positive cash flow since IPO

2 weeks ago

By Leo Marchandon Oct 20 (Reuters) - French cloud operator OVHcloud reported its first positive levered free cash flow since…

UPDATE 1-UniCredit buys back securities-services unit from Societe Generale

2 weeks ago

(Recasts with statement from UniCredit) MILAN, Oct 20 (Reuters) - Italy's second-biggest bank, UniCredit, said it was bringing its securities…

Volkswagen bet on Xpeng to save its China business. It's not going to plan

2 weeks ago

By Ju-min Park and Christina Amann BEIJING/BERLIN, Oct 20 (Reuters) - When Volkswagen turned to EV maker Xpeng in 2023…

BRIEF-Egyptian Iron & Steel Shareholders Approve To Extend Liquidation Period For One Year

2 weeks ago

Oct 20 (Reuters) - EGYPTIAN IRON & STEEL COMPANY SAE : * EGYPTIAN IRON & STEEL-SHAREHOLDERS NOD TO EXTEND LIQUIDATION…

ABB says data centre business booming, Q3 figures in line with forecasts

2 weeks ago

By John Revill ZURICH, Oct 20 (Reuters) - ABB said on Tuesday a boom in spending on data centres used…

BRIEF-Navamedic Secures Five-Year Prolongation Of Nordic Rights To Mysimba

2 weeks ago

Oct 20 (Reuters) - Navamedic ASA: * NAVAMEDIC ASA HAS SECURED A FIVE-YEAR PROLONGATION OF NORDIC RIGHTS TO MYSIMBA Source…