S&P removes Boeing’s rating from CreditWatch negative on improving aircraft production
(Reuters) -S&P has removed Boeing’s rating from CreditWatch negative on improving aircraft production and lower cash burn, the global ratings…
Category: Business
DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports
(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI)…
Toyota considers investing in potential $42 billion buyout of key supplier
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a…
China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports
(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
Amgen to expand Ohio biotech manufacturing plant
By Deena Beasley (Reuters) -Amgen on Friday announced a $900 million expansion of its Ohio biotech manufacturing facility, becoming the…
US calls EU fines on Apple and Meta ‘economic extortion’
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) -The White House said on Wednesday that fines on Apple and Meta…
Tankers chartered by Chevron to move Venezuelan crude seek other business
By Arathy Somasekhar HOUSTON (Reuters) -Some tankers Chevron had chartered to move crude from Venezuela to the United States this…
CME’s profit narrowly misses estimate as higher costs offset trading gains
(Reuters) -Derivatives exchange CME Group’s first-quarter profit fell slightly short of expectations on Wednesday, as a surprise jump in costs…
Meta expands AI access on Ray-Ban smart glasses in Europe
(Reuters) -Meta Platforms said on Wednesday it is expanding access to its artificial intelligence assistant, Meta AI, on Ray-Ban smart…