Musk unveils joint Tesla-xAI project ‘Macrohard’, eyes software disruption
March 11 (Reuters) – Elon Musk on Wednesday unveiled a joint project between Tesla and his artificial intelligence startup xAI,…
Tesla’s China-made EV sales jump 91% in February on low comparison
BEIJING, March 11 (Reuters) – Sales of Tesla’s China-made electric vehicle rose for a fourth month in a row in…
Synopsys rolls out new software tools for designing AI chips
SANTA CLARA, California, March 11 (Reuters) – Synopsys on Wednesday rolled out new software tools to handle the fast-increasing complexity…
BofA expects rising interest income, investment banking fees in first quarter
By Saeed Azhar and Pritam Biswas NEW YORK, March 10 (Reuters) – Bank of America expects net interest income to…
Boeing increases jet deliveries in February despite ongoing 787 seat headaches
SEATTLE, March 10 (Reuters) – Boeing said on Monday it delivered 51 jets in February, an increase from 46 in…
Meta to charge advertisers a fee to offset Europe’s digital taxes
By Foo Yun Chee March 10 (Reuters) – Meta Platforms will charge advertisers a location fee ranging from 2% to…
Active Dynamics buys First Brands’ Walbro business for $50 million
By Dietrich Knauth NEW YORK, March 10 (Reuters) – Bankrupt U.S. auto parts maker First Brands said Tuesday that it…
Back to the 1970s? Investors brace for a return of stagflation
By Alun John, Yoruk Bahceli and Sophie Kiderlin LONDON, March 9 (Reuters) – Investors are now seriously considering the possibility…
Iran war fuels central bank rate hike bets on inflation fears
By Francesco Canepa and Balazs Koranyi FRANKFURT, March 9 (Reuters) – Central banks across Europe came under market pressure on…
Oil soars 25%, gold drops as Iran war jolts global commodity markets
By Naveen Thukral SINGAPORE, March 9 (Reuters) – Oil prices surged around 25% on Monday to their highest since mid-2022,…