By Jaspreet Singh and Aditya Soni (Reuters) -Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions…
Category: Business
Bitcoin rally driven more by institutional demand than speculation
By Patturaja Murugaboopathy (Reuters) -As bitcoin hit a record high on Monday, evidence from institutional flows and derivatives suggested its…
China’s Moonshot AI releases open-source model to reclaim market position
BEIJING (Reuters) -Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of…
Trump’s copper tariffs pile more metal misery on US auto industry
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) -U.S. President Donald Trump’s threat of a 50% tariff on copper imports…
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and…
Nvidia-backed Perplexity launches AI-powered browser to take on Google Chrome
(Reuters) -Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as…
Tesla investors ask board to set date for overdue annual shareholder meeting
(Reuters) -A group of 27 major Tesla shareholders urged the electric automaker’s board on Wednesday to set a date for…
Exxon signals lower oil, gas prices could hit second-quarter profit
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter…
Summit, AstraZeneca in talks over $15 billion cancer drug licensing deal, Bloomberg News reports
(Reuters) -AstraZeneca is in talks with Summit Therapeutics to license an experimental lung-cancer drug under a deal worth as much…
For retailers, US-Vietnam trade deal leaves questions
By Helen Reid LONDON (Reuters) -A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear…