China’s DeepSeek is raising funds at $10 billion valuation, The Information reports
April 17 (Reuters) – Chinese artificial intelligence startup DeepSeek is in talks with investors to raise at least $300 million…
Reopened Strait of Hormuz, oil price decline may recast Fed’s options for future rate cuts
By Howard Schneider and Ann Saphir WASHINGTON, April 17 (Reuters) – Reopened Middle East shipping and plummeting oil prices on…
Meta to raise Quest VR headset prices in US on rising component costs
April 16 (Reuters) – Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from…
State Street’s profit rises on robust fee income
April 17 (Reuters) – State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the custody…
Uber commits $10 billion to robotaxis in strategy shift, FT says
April 15 (Reuters) – Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes…
Judge faults Trump for ‘brazen’ bid to continue ballroom construction
By Jan Wolfe April 16 (Reuters) – A federal judge on Thursday again ruled that U.S. President Donald Trump’s plan…
British carmakers seek clarity on ‘Made in EU’ rule as trade risks grow
By Julia Payne BRUSSELS, April 16 (Reuters) – The UK’s automotive industry group SMMT said on Thursday carmakers need clarity…
US SEC seeks comment on contentious trading database
WASHINGTON, April 16 (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it is seeking public comment on…
Oil prices steady as Hormuz shipping constraints counter US-Iran peace hopes
By Scott DiSavino NEW YORK, April 15 (Reuters) – Oil prices held steady on Wednesday as ongoing worries about supply…
Boeing unveils satellite platform, targets 26 deliveries in 2026
April 16 (Reuters) – Boeing and its unit Millennium Space Systems are working together to expand production capacity and launch…