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Category: Business

Meta seeks $29 billion from private capital firms for AI data centers, FT reports
Business

Meta seeks $29 billion from private capital firms for AI data centers, FT reports

(Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the…

June 27, 2025
Exclusive-US exchanges, SEC in talks to ease public company regulations
Business

Exclusive-US exchanges, SEC in talks to ease public company regulations

By Anirban Sen and Chris Prentice NEW YORK (Reuters) -U.S. exchange operators are in talks with the Securities and Exchanges…

June 25, 2025
Alibaba to merge food delivery, travel agency platforms into core E-commerce business
Business

Alibaba to merge food delivery, travel agency platforms into core E-commerce business

(Reuters) -Alibaba on Monday said it will merge its food delivery platform Ele.me and online travel agency Fliggy into its…

June 23, 2025
Data on Novo Nordisk experimental weight-loss drug show mostly mild side effects
Business

Data on Novo Nordisk experimental weight-loss drug show mostly mild side effects

By Deena Beasley (Reuters) -Novo Nordisk on Sunday said full results from two late-stage trials of its experimental weight-loss drug…

June 22, 2025
China’s rare earth magnet shipments halve in May due to export curbs
Business

China’s rare earth magnet shipments halve in May due to export curbs

By Amy Lv and Ryan Woo BEIJING (Reuters) -China’s overseas shipments of rare earth magnets halved in May from April,…

June 20, 2025
Exclusive-Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant
Business

Exclusive-Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant

By Wen-Yee Lee TAIPEI (Reuters) -Taiwan’s Foxconn and U.S. artificial intelligence chips maker Nvidia are in talks to deploy humanoid…

June 20, 2025
BofA lifts STOXX 600 annual target to 530 points
Business

BofA lifts STOXX 600 annual target to 530 points

(Reuters) -BofA Global Research on Friday raised its year-end target for the STOXX 600 index to 530 from 500 on…

June 20, 2025
Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery
Business

Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery

By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia,…

June 18, 2025
Oracle cloud to add xAI’s Grok 3 model to lineup for corporate customers
Business

Oracle cloud to add xAI’s Grok 3 model to lineup for corporate customers

By Stephen Nellis SAN FRANCISCO (Reuters) -Oracle said on Tuesday that its cloud computing division is working with Elon Musk’s…

June 17, 2025
Reddit unveils AI-driven ad tools to help brands tap into user discussions
Business

Reddit unveils AI-driven ad tools to help brands tap into user discussions

(Reuters) -Reddit launched two new AI-powered advertising features on Monday aimed at helping brands drive greater engagement by tapping user…

June 16, 2025

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