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Meta names Alex Schultz first chief data officer

Meta said on Wednesday its chief marketing officer Alex Schultz will become the company's first chief data officer, to better manage AI analytics globally.The Facebook-parent also promoted its vice president of consumer marketing and growth, Denise Moreno, to marketing chief.

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Gasoline refining margins gain

Northwest European gasoline refining margins gained $1.88 to $37.31 a barrel on Wednesday, extending gains from the previous session as supply concerns lifted margins to multi-year highs.

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Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debut

By Utkarsh ShettiUber-backed Lime's (LIME.O) shares jumped 8% in its Nasdaq debut on Wednesday, signaling robust investor confidence in the e-scooter and bike operator's business model and valuing the company at about $1.73 billion.Lime, founded in 2017, is based in San Francisco, California, and p…

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North Sea Crude-BP trims Forties offer

North Sea crude differentials were steady on Wednesday, with BP lowering its offer for Forties, although the offer level was above the last traded value.PLATTS WINDOWIndications are free on board unless marked as cost, insurance and freight or delivered at place.

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Tesla new car sales in Italy up 43% year-on-year in June

Tesla's NASDAQ:TSLA new car registrations in Italy rose 42.8% year-on-year in June after two months in a row of decline, data from the Italian transport ministry showed on Wednesday.The U.S. electric vehicles maker sold 2,423 cars in the country last month, accounting for a 1.65% market share.In th…

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Second worker injured in rig explosion in Venezuela dies, sources say

A second worker has died of a total of 17 people injured in a rig explosion in Venezuela earlier this week, three sources with knowledge of the matter said on Wednesday.The accident happened at state-run PDVSA's Colven 02 rig in Apure state. Most workers were taken to nearby hospitals in Venezuela…

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US bakes in historic heatwave heading into July 4 holiday

By Brad Brooks, P.J. Huffstutter and Maria TsvetkovaRecord-breaking temperatures spread to the eastern U.S. from the Midwest on Wednesday, putting tens of millions of people under heat warnings expected to last into the July 4 holiday weekend, when Americans will celebrate the nation's 250t…

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BofA clients remain net sellers amid market pullback

BOFA CLIENTS REMAIN NET SELLERS AMID MARKET PULLBACKBank of America Securities' latest client flow data for last week paints a cautious picture. According to equity and quant strategist Jill Carey Hall, clients were net sellers of U.S. stocks for a fourth straight week as the S&P 500 CBOE:SPX fell…

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Google has exceeded $1 billion Africa investment target

By Nqobile DludlaGoogle NASDAQ:GOOG has exceeded a five-year target to invest $1 billion in Africa, it said on Wednesday, as it made public initiatives on infrastructure and development of AI to accelerate the continent's digital growth.They follow on from Google's launch of a cloud for the Johanne…

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US light-vehicle sales volume in Q2 2026

The following are the U.S. light-vehicle Q2 2026 sales volumes:^ Toyota Motor numbers include Lexus salesSource: Company filings and Reuters calculations

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Tesla sales in Portugal rise 43.2% in June

Tesla's NASDAQ:TSLA new car registrations in Portugal rose 43.2% in June from a year ago to 1,883 units, as overall new registrations of light electric vehicles were up 63.1%, the country's automobile industry association ACAP said on Wednesday.In the January-June period, Tesla sales in Portugal ro…

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