Swedish company Ericsson will sell equipment to American telecom giant AT&T Inc. for roughly $14 billion over a five-year period in an effort to create an open radio access network (Open RAN) in the US. About 70% of AT&T's mobile traffic will use Open RAN platforms by 2026, according to a joint...

This was made possible following the lifting of US sanctions. Reliance Industries (RIL) of India has chartered three tankers to transport oil from Venezuela, according to shipping statistics cited by The Indian Express. The maximum amount of oil that each tanker can transport is 270,000 tons. One...

The leader of Emirates in Dubai has asked Rolls-Royce to concentrate on improving the performance of its engines and go "back to basics," just one day after the British company revealed intentions to increase profits by four times.   The engine manufacturer's stock increased after CEO Tufan...

According to Amazon's UK CEO, the demand from consumers for reconditioned and pre-owned products in Britain and around Europe has grown to be a billion pound ($1.3 billion) industry.   Many manufacturers and merchants anticipate that tendency to continue as consumers seek to make more...

According to a report by Adobe Analytics, the total amount of money that Americans spent online on Cyber Monday, which fell on November 27 this year, was a record $12.4 billion. It was a 9.6% increase over the same period last year. The Financial Times notes that this demonstrates how American...

EU antitrust authorities warned on Monday that Amazon's $1.4 billion purchase of iRobot, a company that makes robot vacuums, might push out competitors' robot cleaners from its online store. In August of last year, Amazon made the announcement in the midst of global regulatory scrutiny over Big...

A review of health records and other data revealed that persons who were overweight or obese lost more weight and pounds faster using Eli Lilly's Mounjaro than those taking Novo Nordisk's well-known competing weight loss medication.   The study, which was published on medRxiv ahead of peer...

According to Reuters, Italian bank Unicredit has been taken off the global list of systemically important banks. The Financial Stability Board removed Italian UniCredit from its list of internationally recognized systemically important banks, according to Reuters. It also included China's Bank of...

Market data indicated that investors withdrew over $956 million from cryptocurrency exchange Binance in the last 24 hours following the resignation of its CEO, Changpeng Zhao, and his potential imprisonment following his guilty plea on Tuesday to resolve an extensive U.S. investigation into illicit...