Business Reporter

Business Reporter offers insightful news, features, opinions, and analysis on key topics impacting business and management. This platform provides essential information in straightforward language, designed for business leaders looking to understand the broader landscape.

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GlobalFoundries boosts investment plans to $16 billion, with research focus

3 days ago | business-reporter.co.uk | Max Cherney |Stephen Nellis

By Max A. Cherney and Stephen NellisSAN FRANCISCO (Reuters) - Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies. The Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various components of that supply chain onto U.S. soil.
Amazon's in-car software deal with Stellantis fizzles

1 week ago | business-reporter.co.uk | Nora Eckert |Greg Bensinger

By Nora Eckert, Greg BensingerDETROIT (Reuters) - Amazon’s deal with Stellantis to create in-car software that the companies hoped would transform the driving experience while bolstering their vehicle-tech credentials is "winding down," the companies confirmed after a Reuters inquiry.
How the customer journey connects brand and experience

1 week ago | business-reporter.co.uk | Martin Gill

According to Forrester’s Priorities Survey 2024, the number one priority for business and technology leaders is to “improve the experience of our ultimate customers”. In second and third place are meeting measurable commercial growth targets and reducing costs. Improving customer experience (CX) is up from the third slot in 2023. That’s great, but it begs the question: how?
Rio Tinto's Chile deals bet on unproven technology and lithium price bounce

2 weeks ago | business-reporter.co.uk | Daina Solomon |Clara Denina

By Daina Beth Solomon and Clara DeninaSANTIAGO (Reuters) - Global miner Rio Tinto will tackle one of the biggest technological challenges in the lithium industry as it takes the lead in Chile’s first major projects involving the battery metal in years, alongside state-run mining companies Codelco and ENAMI.
Business Reporter - Retail - Ransomware in retail

4 weeks ago | business-reporter.co.uk

The DragonForce campaign against retailers is unlikely to be the last of its kind. But future incidents do not have to be successful
Bain Capital to sell China data centre business likely valued at over $4 billion, sources say

1 month ago | business-reporter.co.uk | Kane Wu

By Kane WuHONG KONG (Reuters) - U.S. investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business at over $4 billion, two people with knowledge of the situation said. Bain Capital has engaged with advisers who have held preliminary conversations with potential buyers in recent months, said the people, declining to be named as the information was not public.
Palantir raises annual revenue forecast on AI demand but investors unimpressed

1 month ago | business-reporter.co.uk | Arsheeya Bajwa

By Arsheeya Bajwa(Reuters) - Palantir Technologies raised its annual sales forecast on Monday, although its inline profit and a modest revenue beat disappointed investors who were expecting more from the AI-focused data and analytics firm, driving its shares down 8% in extended trading.
Alphabet climbs as AI bets drive ad strength, quelling market fears

1 month ago | business-reporter.co.uk | Deborah Mary Sophia

By Deborah Mary Sophia(Reuters) - Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-related pressures.
AI boom, GPU shortage: the complex equation of data centres

1 month ago | business-reporter.co.uk | Adam Levine

A few weeks after NVIDIA GTC 2025, where major breakthroughs in GPU technology and artificial intelligence (AI) were unveiled, is a great time to examine current market dynamics and the strategic role of data centres. These infrastructures, such as those operated by Data4, a European leader in the sector, are at the heart of this digital revolution. A market under pressure: the GPU warThe rapid rise of generative AI is reshaping the technology landscape.
How digital wallets and e-cash are powering the experience economy

1 month ago | business-reporter.co.uk | Bob Legters

The rise of the experience economy has fundamentally changed how consumers engage with entertainment, gaming and sports betting. More than ever, people expect convenience, security and speed when making digital transactions. For merchants operating in these verticals, adopting flexible payment solutions is no longer optional—it’s essential.