By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) -The BRICS group will generate most of the global economic growth in…
Oil prices fall, on track for 8% weekly decline on China demand woes
By Georgina McCartney HOUSTON (Reuters) -Oil futures fell on Friday and were on track for a weekly drop of 8%…
Netflix beats earnings targets with 5 million new customers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter,…
EV maker Lucid expects to raise $1.67 billion from stock sale
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Google shifts Gemini app team to DeepMind
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…
Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls
By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short of European regulations…
Biden announces $425 million in military aid for Ukraine
WASHINGTON (Reuters) -U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to surge security assistance…
Boeing closes in on $15 billion financing via stock, hybrid bonds
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common…