Oracle Shares Jump as AI Push Perks Up Cloud Demand

Sept 10 Reuters Oracle shares rose more than 10 on Tuesday as a push to embed AI into its cloud service products boosted its firstquarter results and helped it narrow the gap with market leaders. Despite being a late entrant to the cloud business, the company39;s rapid AI investments has made its software an attractive option […]
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VW Scraps DecadesOld German Job Security Pact, Says Union

FRANKFURT, Sept 10 Reuters Volkswagen gave IG Metall notice on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, the union said. Europe39;s top carmaker is cancelling the decadesold employment guarantees as part of costcutting drive that has triggered a showdown with workers as Volkswagen […]
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OPEC again Lowers 2024, 2025 Global Oil Demand Growth View

Makes second cut in 2024 oil demand growth forecast Sees headwinds for China39;s diesel, gasoline demand going forward IEA to publish updated forecasts on Thursday LONDON, Sept 10 Reuters OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for […]
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