The driverless tech industry hit a couple of snags this week. First came news in Ford’s (F) Q3 earnings report that the automaker was shutting down its Argo AI autonomous driving joint venture. Ford said it would be taking a $2.7 billion non-cash, pretax impairment on its investment in Argo AI, with engineers and other … Read more
SAP SE, the German business software company, confirmed its profit and sales outlook for the year after posting higher third-quarter revenue led by growth at its cloud business. Reporting on a non-IFRS basis, the Walldorf, Germany-based company SAP, +0.14% SAP, +4.28% said Tuesday that revenue jumped to 7.84 billion euros ($7.74 billion) from EUR6.85 billion, … Read more
(Bloomberg) — Stocks fell, pressured by rising Treasury yields and signs that company earnings were set to disappoint. A gauge of the dollar climbed to the highest this month. Most Read from Bloomberg European shares declined for a fifth straight session as bond yields jumped amid concerns of persistently high inflation as well as the … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Patriot One Technologies Selected by SAP Center at San Jose to Provide … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content Most Asian emerging stocks fell on Monday, as remarks by U.S. Federal Reserve Chair Jerome Powell signaled further aggressive rates Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking … Read more
Factories grinding to a halt, crops devastated, cargo ships forced to carry smaller loads and millions facing a risk of blackouts — these are just some of the drastic consequences of record low river levels during droughts that are gripping the US, Europe and now China. In the US, the historic lows in water levels … Read more