Strong tailwinds for gold’s excursion into uncharted territory
By Brijesh Patel and Sherin Elizabeth Varghese (Reuters) – Geopolitical tensions, uncertainty created by the upcoming U.S. Presidential election and…
Category: Business
OpenAI signs content deal with Condé Nast
(Reuters) -Sam Altman-led OpenAI on Tuesday announced a multi-year partnership with Condé Nast to display content from its brands such…
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
(Reuters) – Netflix saw a more than 150% surge in upfront ad commitments for this year, the streaming giant said…
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
By Max A. Cherney (Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion…
South Korean AI chip makers Rebellions and Sapeon agree to merge
SEOUL (Reuters) – South Korean artificial-intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement,…
X to close operations in Brazil ‘effective immediately’
SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…
Ford to recall about 85,000 vehicles due to risk of engine fire
(Reuters) -Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an…
Shake Shack, Serve Robotics roll out autonomous sidewalk robot delivery in Los Angeles
(Reuters) – Fast-food chain Shake Shack and Serve Robotics are partnering to use autonomous sidewalk robots to deliver orders placed…
Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during…
Lilly demands doctors stop selling copycat weight-loss drugs
By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days…