By Krystal Hu
(Reuters) - Cloud-based designer platform Figma is closing a deal to allow its employees and early investors to sell their stake to new and existing investors at a valuation of $12.5 billion, the company said on Thursday.
Figma, whose free online tool is used to create, share and test designs for websites, mobile apps and other digital products, has been seeking ways for employees to cash out on their stock options and... (continue reading...)
(This May 14 story is being republished with no changes to text)
MEXICO CITY (Reuters) - Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by 2025, the firm's Americas head told Reuters on Tuesday.
Chile's economic development agency CORFO last year said production at a new plant to be developed by BYD was expected to begin around the end of 2025, representing a $290... (continue reading...)
By Giuseppe Fonte and Gavin Jones
ROME (Reuters) -Finance ministers from the Group of Seven major democracies meeting in Italy next week will back a European Union plan to use the income from frozen Russian assets to help Ukraine's war effort, an Italian Treasury official said on Thursday.
Italy, which holds the rotating presidency of the G7, will also try to revive an international deal on how to share taxing rights on large corporations... (continue reading...)
By Siddharth Cavale and Aishwarya Venugopal
(Reuters) - A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key suppliers and one of its retail rivals.
American shoppers are opening their wallets, spending money on bargain-priced goods in stores and online, with many people turning to Walmart's delivery service for convenience, Walmart executives... (continue reading...)
By Will Dunham
(Reuters) - Humans are not alone in the use of tools. Chimpanzees, for instance, crack nuts with stones and use sticks to get at tasty termites. Dolphins are known to employ sponges to protect their beaks while foraging. And a Galapagos Islands finch uses cactus spines to dig grubs out of holes.
Sea otters also are members of the animal kingdom's tool-wielding club. And a new study offers a fuller understanding of the tool... (continue reading...)
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