(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak margin prospects. S&P said it expects the price cuts implemented in North America and Europe late last year coupled with affordability concerns from buyers to limit the automaker’s volume growth and margin expansion in those…

By Vladimir Soldatkin and Dmitry Antonov MOSCOW (Reuters) – Russia will seek a peace deal in Ukraine that safeguards its own long-term security and will not retreat from the gains it has made in the conflict, President Vladimir Putin said on Thursday in comments to relatives of soldiers killed there. Putin also took an indirect…

By Toby Sterling AMSTERDAM (Reuters) – AxeleraAI, one of Europe’s few companies making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million) to develop a chip for use in data centres, as part of EU efforts to boost the sector.  Europe is trying to address an…

(Reuters) – Elon Musk’s satellite company SpaceX said Wednesday its Starlink unit has no intent to take over any Federal Communications Commission telecommunications contract, rejecting media reports. “Starlink is a possible partial fix to an aging system. There is no effort or intent for Starlink to ‘take over’ any existing contract,” SpaceX wrote on X….

By David Shepardson WASHINGTON (Reuters) -Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the U.S. government said Wednesday that the U.S. Postal Service and passenger railroad Amtrak should be privatized. “I think logically we should privatize anything that can reasonably be privatized,” Musk said at a Morgan Stanley conference….

By Thomas Escritt, Angelo Amante and David Latona BERLIN/ROME/MADRID (Reuters) – Donald Trump’s White House confrontation with Ukrainian President Volodymyr Zelenskiy is exposing differences within Europe’s burgeoning far-right movement over his plan to end the war between Russia and Ukraine. They celebrated the U.S. president’s return to power for taking a fringe movement mainstream and…

(Reuters) -Apple on Wednesday unveiled new MacBook Air models with latest M4 chip and artificial-intelligence features at a price $100 lower than the previous generation, as the company looks to spur sales and persuade customers to upgrade their devices. The base version of the new series of laptops with the 13-inch screen will be priced…

By Marie Mannes STOCKHOLM (Reuters) -Volvo Cars may move production of some of its models to the U.S. depending on tariffs, but aims to stick to a plan to export its European-made EX30 SUV model to the United States later this year, the company’s CEO said on Wednesday. Volvo Cars last year moved production of…

(Reuters) -Major stock indexes fell in volatile trade on Tuesday, with the Nasdaq Composite index at one point down 10% from its December record high, while Treasury yields also seesawed as the United States hit Canada, Mexico and China with steep tariffs. The tariff move by U.S. President Donald trump fueled investor worries about the…

By Greg Bensinger (Reuters) -Amazon.com has formed a new group focused on agentic artificial intelligence to help users and customers automate more of their lives, according to an internal email viewed by Reuters on Tuesday. The new group will be led by AWS executive Swami Sivasubramanian, the email, from AWS CEO Matt Garman, said. “Agentic…