FILE PHOTO: The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration(Reuters) – Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its global workforce, or 315 people, as the file hosting service provider shifts business resources in the wake of the COVID-19 pandemic. […]

FRANKFURT/DUESSELDORF (Reuters) – Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the mass production of renewable hydrogen.FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent […]

TOKYO/NEW YORK (Reuters) – Asian stocks rose on Wednesday, tracking modest Wall Street gains, as expectations that a vaccine will eventually win the battle against the coronavirus fuelled recovery hopes, while tight supply expectations pushed oil prices to a one-year high.FILE PHOTO: A currency dealer walks past electronic boards at a dealing room of a bank, in Seoul, South Korea, […]

NEW YORK/WASHINGTON (Reuters) – Walmart Inc , the world’s biggest retailer, joined other major companies in indefinitely suspending donations to U.S. lawmakers who voted against President-elect Joe Biden’s election certification.FILE PHOTO: The logo of a Walmart Superstore is seen during the outbreak of the coronavirus disease (COVID-19), in Rosemead, California, U.S., June 11, 2020. Picture taken June 11, 2020. REUTERS/Mario […]

Slideshow ( 2 images )SAN FRANCISCO (Reuters) – The head of Intel Corp’s self-driving car subsidiary said on Tuesday the company wants to shift toward using its own radar-based technology and use a single lidar sensor per vehicle by 2025 in a bid to lower the cost of autonomous driving. Mobileye has taken a different strategy from many of its […]

WASHINGTON (Reuters) – A handful of U.S. Senate Armed Services Committee Democrats voiced reservations on Tuesday about making another retired general the top civilian official at the Department of Defense, some citing last week’s rampage at the U.S. Capitol.FILE PHOTO: Retired U.S. General Lloyd Austin speaks after being picked by President-elect Joe Biden to become defense secretary, in Wilmington, Delaware, […]

WASHINGTON (Reuters) – A fiery debate opened in the U.S. House of Representatives on Tuesday over an effort to remove President Donald Trump from office for inciting supporters who carried out a deadly rampage at the Capitol last week, while Trump denied wrongdoing.FILE PHOTO: A mob of supporters of U.S. President Donald Trump storm the U.S. Capitol Building in Washington, […]

DETROIT (Reuters) – General Motors Co on Tuesday presented a futuristic flying Cadillac – a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air.Two futuristic Cadillac concepts, an electric shuttle and an autonomous vertical take-off and landing (VTOL) drone, are seen in a still image from video presented by General […]

DETROIT (Reuters) – General Motors Co staked its claim in the growing electric delivery vehicle business on Tuesday, with Chief Executive Mary Barra outlining plans for its first BrightDrop commercial vans to be delivered to FedEx by year-end.GM’s new EV600 electric van is seen in an undated photograph released in Detroit, Michigan, U.S, January 12, 2021. GM/Handout via REUTERS The […]