Finance

Nestle investors call for chairman to step down, FT reports

Nestle investors call for chairman to step down, FT reports

(Reuters) -Nestle investors have called for Chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year, the Financial Times reported on Saturday. Reuters...

Read More
Big Tech’s energy-hungry data centers could be bumped off grids during power emergencies

Big Tech’s energy-hungry data centers could be bumped off grids during power emergencies

HARRISBURG, Pa. (AP) — With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bump...

Read More
China sets 2025 auto sales target below association forecast, vows tighter regulation

China sets 2025 auto sales target below association forecast, vows tighter regulation

SHANGHAI (Reuters) -China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Associat...

Read More
The Winklevoss brothers’ Gemini surges 64% in its trading debut

The Winklevoss brothers’ Gemini surges 64% in its trading debut

Craig T Fruchtman/Getty Images Gemini Space Station stock soared as much as 42% on Friday. The crypto exchange priced its IPO at $28 a share and raised $425 million. Shares of Klarna a...

Read More