SLB wins business in Russia as oil rivals pull out after Ukraine invasion

Jan 19 (Reuters) – Following Moscow’s invasion of Ukraine, the world’s largest oil company SLB (SLB.N) has boosted its business in Russia by selecting service and equipment contracts for rivals who are gone, according to company documents and people familiar with its operations. While SLB’s continued embrace of Russia has drawn heavy criticism, interviews with … Read more

Four implications for business leaders

Jackie Shoback is co-founder and CEO of 1414 Companiesa seed venture capital fund focused on digital identity. Getty In today’s business environment, data is one of a company’s most valuable assets. Customer data powers insights, product/service development, personalized experiences, and relevant go-to-market strategies. Many companies regularly share customer data with their partners, which is a … Read more

Hundreds of trucks rumble through Bolivia’s agricultural region as blockades hit business

PAILON, Bolivia, Jan 3 (Reuters) – Hundreds of trucks lined highways in Bolivia’s agricultural region of Santa Cruz on Tuesday as protesters blocked roads out of the area after the arrest of the local governor, and businesses hard-hit locals have called for a return order. Protests have gripped the lowlands region since the December 28 … Read more

MercadoLibre in talks with WhatsApp on commercial messaging payments -CFO

CFO says MercadoLibre is in test phase to process WhatsApp payments in Brazil The e-commerce company will hold its cryptocurrency assets MercadoLibre expects to grow its advertising business “several times” LONDON, Dec 7 (Reuters) – MercadoLibre (MELI.O), a Latin American e-commerce and fintech retailer, is in talks with Meta (META.O) to process payments for its … Read more

Shocks galore but Asia again unrepresented at end of business

DOHA, Dec 6 (Reuters) – Asia will again not be represented in the quarter-finals of the World Cup, but several upset wins and dynamic displays are leaving many on the continent feeling the gap with the top teams is getting tighter. The first World Cup in the Arab world was also the second fully staged … Read more

IHC, hungry for deals, plans IPOs in healthcare and IT

Pure Health IPO raises over $1 billion, CEO says Targets tech unit IPO in Q3, with $1 billion in assets Mull Eyes International Energy Holding IPO Next Year Planning purchases this year and next year, seeking a large loan ABU DHABI, Nov 24 (Reuters) – International Holding Company (IHC.AD) plans to sell 20% of its … Read more

Biden and Xi to meet ahead of G20, Musk addresses business forum by candlelight

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of the tension-laden Group of 20 (G20) summit about Russia’s invasion of Ukraine. The two leaders are expected to discuss the nuclear ambitions of … Read more

Climate action is ‘good business’, says new UN climate chief

An overhaul of financial institutions is needed to generate climate cash COP27 signals a shift in direction to call out laggards Calls to tax fossil fuel profits to pay for climate action SHARM EL-SHEIKH, Egypt, November 9 (Thomson Reuters Foundation) – Rich countries – like poorer ones – stand to reap huge economic, social and … Read more