LUANDA, Angola, Dec 3 (Reuters) - U.S. President Joe Biden is expected to announce on Wednesday an additional $600 million in financing for projects along the Lobito rail corridor during his trip to Angola, according to a senior administration official. The funding for solar, critical minerals and telecommunications projects along the corridor comes during Biden's first visit as president to...

04:00 PM EST, 12/03/2024 (MT Newswires) -- General Motors' ( GM ) decision to sell its stake in the Ultium Cells battery cell plant in Michigan is a capital efficiency move for the automaker and a potential sign of cooling electric vehicle demand, UBS Securities said in a note emailed Tuesday. The company announced Monday that it planned to sell...

Dec 3 (Reuters) - Salesforce ( CRM ) raised its forecast for fiscal 2025 revenue on Tuesday, anticipating robust spending on its enterprise cloud portfolio as it bets on strong adoption of its new Agentforce technology. The company now expects revenue between $37.8 billion and $38 billion, compared with its prior forecast range of $37.7 billion to $38 billion. ...

(Reuters) -Salesforce ( CRM ) beat Wall Street estimates for third-quarter revenue on Tuesday and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise cloud portfolio, sending its shares up 7% in extended trading. Client spending on Salesforce's ( CRM ) software products and data cloud has remained healthy as companies seek to...