Thursday , 18 December 2025

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Google wins Renault contract in first major French cloud deal

Bloomberg Google has won a multi-year deal to store Renault SA’s manufacturing data, marking the US tech company’s first major industrial cloud deal in France. The Alphabet Inc. unit will gather data from Renault factories, robots and supply chains, the companies said. Google called the contract the largest of its kind globally, though both businesses declined to comment on how …

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Daimler may need to cut 15,000 jobs

Bloomberg Daimler AG plans to sell its factory in Hambach, France, as the maker of Mercedes-Benz cars pursues deeper-than-expected restructuring to overcome the fallout of coronavirus pandemic. The move to unload the home of the Smart two-seater will result in a negative one-time effect of roughly $562 million in the second quarter, Daimler said. It doesn’t expect an impact on …

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Oil hits $41 as new virus cases weigh against demand return

Bloomberg Oil traded near $41 a barrel in New York as coronavirus cases continued to surge globally, casting doubt over the market’s rebounding consumption. US crude traded lower, while Brent edged higher. Goldman Sachs recommended buying global benchmark futures over WTI as American inventories grow. US crude stockpiles rose last week, according to government data, but gasoline demand recovered to …

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