R Swathi

267 published stories

R Swathi is a reporter for Business Tabloid specializing in banking, technology, and energy sectors, hailing mostly across the regions of Middle East and Asia Pacific. She exhibits a profound passion for consistent learning and personal growth.

Leadership

Boeing’s CEO Dave Calhoun Resigns

Boeing, on Monday, said Dave Calhoun, Chief Executive of the aerospace company will be stepping down from his position by the end of 2024, which comes after U.S. regulators temporarily grounded 171 Boeing 737 MAX 9 jetliners for safety checks earlier this year. The airline maker has been wrestling with a growing crisis following a […]

R Swathi26 March 20241 min read

Technology

Zoom Launches AI-Powered Zoom Workplace

Video conferencing service provider Zoom Video Communications, on Monday, launched Zoom Workplace, an artificial intelligence (AI) incorporated open collaboration platform, to provide users with an all-in-one AI-powered experience as well as reimaging teamwork to power advanced work. The firm said Zoom Workplace will include AI Companion features for Zoom Phone and extended capabilities with Ask […]

R Swathi26 March 20241 min read

Energy

QatarEnergy, Nakilat collaborates for Operation of 25 LNG Vessels

Oil and gas company QatarEnergy, on Sunday, signed a time-charter party (TCP) agreement with energy transportation and maritime services provider Nakilat for operating 25 conventional-size liquefied natural gas (LNG) vessels, as part of the second ship-owner tender under QatarEnergy’s LNG Fleet Expansion Program. The agreement was signed by His Excellency Saad Sherida Al-Kaabi, Executive Chief […]

R Swathi25 March 20241 min read

Leadership

Bentley Systems Appoints Nicholas Cumins as CEO

Infrastructure engineering software firm Bentley Systems, on Thursday, promoted insider Nicholas Cumins as the Chief Executive Officer, replacing Greg Bentley, who will retire from the position and transition to Executive Chair of the company’s board, effective on July 1. The firm said the announcement was made during the opening event for Bentley Systems’ new UK […]

R Swathi25 March 20241 min read

Technology

Nielsen Join Forces with Lyft to Measure In-app Ads

Audience data and analytics firm Nielsen said it signed a deal with Lyft, ride-booking platform on Thursday, to measure Lyft’s in-app advertisements through Lyft Media. The data analytic firm said Lyft will utilize three measurement solutions, which are Nielsen ONE Ads, Brand Impact and Buyer Lift to enhance the effectiveness of the advertisement campaigns by […]

R Swathi22 March 20241 min read

Technology

US Sues Apple for Monopolizing Smartphone Markets

The Justice Department along with 16 other state and district attorneys general, on Thursday, filed a civil antitrust lawsuit in the U.S. District Court for the District of New Jersey against iPhone maker Apple, in Section 2 of the Sherman Act for monopolizing or attempting to monopolize smartphone making in the country. Apple, founded by […]

R Swathi22 March 20242 min read

Energy

Tata Steel UK Shuts Down Operation of Morfa Coke Ovens

Steel-making company Tata Steel UK said Port Talbot-based Morfa Coke Ovens made its last ‘push’ on Wednesday, making it the last day of operation. The initial notice was released by CEO Rajesh Nair on Monday, stating to cease the operation of Morfa Coke Ovens as it has been deteriorating over many months despite many efforts […]

R Swathi21 March 20241 min read

Energy

Shell Divests Equity in SouthCoast to Ocean Winds

Shell New Energies US, a subsidiary of Shell Plc, on Wednesday, divested its 50% equity in SouthCoast Wind Energy, established to develop offshore wind projects, to Ocean Winds North America, wind electric power generator. SouthCoast was initiated in the year 2018, for a 50-50 joint venture between Shell and Ocean Winds to develop an offshore wind […]

R Swathi21 March 20241 min read

Leadership

Mustafa Suleyman Joins Microsoft AI as CEO

Microsoft appointed Mustafa Suleyman, Co-Founder of Google’s DeepMind as Executive Chief of its newly launched division Microsoft AI on Tuesday, while also naming Karén Simonyan as Chief Scientist of the new wing. The new division will focus on advancing consumer artificial intelligence (AI) products and research, which includes Copilot, Bing, and Edge, said the firm. […]

R Swathi20 March 20241 min read

Energy

Masdar Acquires Energy Capital Partners’ Stake in Terra-Gen

Energy company Masdar, on Tuesday, said it signed an agreement to acquire 50% of stake in United States-based peer Terra-Gen Power Holding II from Energy Capital Partners (ECP), investment capital firm, to expand and retain its footprints in the US renewable energy market. The transaction is expected to close by the end of 2024, said […]

R Swathi20 March 20241 min read

Real Estate

Unilever to Divest Ice Cream Business, Affects 7500 Jobs

Sunsilk owner Unilever, on Tuesday, said it is restructuring its business by divesting its €7.9 billion ($8.6 billion) ice cream brands, which will impact the job roles of 7,500 employees of the company across the globe. The firm said the separation activity will begin immediately and is expected to be completed by the end of […]

R Swathi19 March 20242 min read

Technology

Blinkit, Urban Company Collaborates to Deliver Native Water Purifier

Online groceries and essentials delivery application Blinkit collaborated with home service platform Urban Company on Sunday, to supply Urban Company’s recently launched water purifiers, Native M1 and M2, at doorsteps in 30 minutes. In late October, Urban Company launched a new brand called Native, which is a new range of smart RO water purifiers. The […]

R Swathi19 March 20241 min read