HELSINKI (Reuters) – Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, it said in a statement on Monday. In recent years, many data centres have been located in the Nordic countries because…
(Reuters) -CalPERS, the biggest public pension plan in the United States, said on Monday it would vote against all Exxon Mobil board members at its upcoming annual meeting on May 29, citing the oil major’s legal action against activist investors. Exxon, which is frequently the focus of critical shareholder resolutions, had filed a lawsuit earlier…
(Reuters) – Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said on Monday, as it looks to attract budget-stretched customers. Still-high food prices and borrowing costs have made cash-crunched customers more conscious of their spending on pricey items and look…
LONDON (Reuters) – Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches for BHP Group to log a formal takeover offer. The radical plan to divest Anglo’s less profitable coal, nickel, diamond and platinum businesses followed its…
