Today: October 05, 2024
Today: October 05, 2024

Latest From Reuters

Business|Technology

Airbus in talks to sell over 100 widebody jets to Chinese airlines, Bloomberg reports

Airbus SE is negotiating a major sale of A330neo aircraft to China, with some of the largest Chinese airlines considering buying more than 100 of the upgraded A330 models, Bloomberg News

Airbus in talks to sell over 100 widebody jets to Chinese airlines, Bloomberg reports
Business|Technology

China gives first approvals for public trials of advanced autonomous driving

China has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to

China gives first approvals for public trials of advanced autonomous driving
Business|Economy|Technology

UBS lifts MSCI AC World index's end-2024 forecast to 830

UBS raised its year-end 2024 forecast for the MSCI All Country (AC) World index to 830 from 800 on Tuesday, citing improving equity risk appetite, optimism around artificial intelligence

UBS lifts MSCI AC World index's end-2024 forecast to 830
Business|Technology

Google cuts at least 100 jobs across its cloud unit, CNBC reports

Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday.

Google cuts at least 100 jobs across its cloud unit, CNBC reports
Business|Technology

Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports

Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, adding to a flurry of layoffs seen in the technology and media industries this year.

Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports
Business|Technology

Tesla stands by Musk pay after ISS urges shareholders to reject package

Tesla on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended

Tesla stands by Musk pay after ISS urges shareholders to reject package
Business|Technology

Nvidia leads global market cap gainers in May with AI-driven rally

Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand.

Nvidia leads global market cap gainers in May with AI-driven rally
Business|Entertainment|Technology

Spotify raises US prices of its premium plans in margin push

Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to increase margins.

Spotify raises US prices of its premium plans in margin push
Business|Technology

Ericsson says U.S. anti-corruption compliance monitoring has ended

Sweden's Ericsson said on Monday that a four-year programme to monitor the company's compliance with a U.S. anti-corruption agreement had ended on June 2.

Ericsson says U.S. anti-corruption compliance monitoring has ended
Business|Economy|Technology

Europe needs to invest more in defence production, Airbus CEO says

Europe must work more closely on defence projects and raise investment in production capacity, the chief executive of Airbus told a German newspaper.

Europe needs to invest more in defence production, Airbus CEO says
Business|Technology

Nvidia says its next-generation AI chip platform to be rolled out in 2026

Nvidia Chief Executive Jensen Huang said on Sunday that the company's next-generation artificial intelligence (AI) chip platform was called Rubin and would be rolled out in 2026.

Nvidia says its next-generation AI chip platform to be rolled out in 2026
Business|Technology|Travel

Boeing's woes a 'burden' for entire sector, Airbus executive says

Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers' confidence in flying, a top executive at rival Airbus said.

Boeing's woes a 'burden' for entire sector, Airbus executive says
Business|Technology

Tesla shareholder sues Musk for alleged $7.5 billion insider trading

A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the

Tesla shareholder sues Musk for alleged $7.5 billion insider trading
Business|Technology

Geneva's annual motor show to end after more than a century

The annual motor show in Geneva, Switzerland, is coming to a close after more than a century due to dwindling interest and a tough market environment, organisers said on Friday.

Geneva's annual motor show to end after more than a century
Business|Technology

Who is Kimbal Musk, the Tesla director in cowboy hat?

Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package which was voided by a Delaware judge in January.

Who is Kimbal Musk, the Tesla director in cowboy hat?
Business|Technology

Dell shares slump as heavy AI investments expected to dent margin

Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit.

Dell shares slump as heavy AI investments expected to dent margin
Business|Technology

Renault, Geely create joint venture for hybrid, combustion engines

French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, hoping to improve the

Renault, Geely create joint venture for hybrid, combustion engines
Business|Technology

OpenAI responds to warnings of self governance by former board members, the Economist reports

OpenAI's board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman's shocking ouster

OpenAI responds to warnings of self governance by former board members, the Economist reports
Technology

OpenAI has stopped five attempts to misuse its AI for 'deceptive activity'

Sam Altman-led OpenAI said on Thursday it had disrupted five covert influence operations that sought to use its artificial intelligence models for "deceptive activity" across the internet.

OpenAI has stopped five attempts to misuse its AI for 'deceptive activity'
Business|Economy|Technology

S&P says issue affecting market data for S&P, Dow Jones indexes resolved

A technical glitch affecting the dissemination of market data for the S&P and Dow Jones indexes for more than an hour on Thursday has been resolved, S&P Dow Jones Indices said.

S&P says issue affecting market data for S&P, Dow Jones indexes resolved
Business|Economy|Technology

Renault to develop Twingos priced under 20,000 euros with Chinese partner

Renault said it would link up with a Chinese engineering company to develop future Twingo cars priced below 20,000 euros ($21,676), as European automakers target smaller and cheaper

Renault to develop Twingos priced under 20,000 euros with Chinese partner
Business|Entertainment|Technology

Amazon's Twitch refurbishes safety advisory council

Amazon.com's streaming unit Twitch is refreshing its safety advisory council to add members from its community of so-called "Twitch Ambassadors", it said on Thursday.

Amazon's Twitch refurbishes safety advisory council
Business|Technology

Dell's profit, margin hurt by higher AI costs, shares slump

Dell forecast current-quarter profit below market estimates on Thursday, and signaled that higher costs to build servers that meet heavy AI workloads would dent annual

Dell's profit, margin hurt by higher AI costs, shares slump
Business|Technology

Best Buy sees laptop upgrades driving demand recovery; tops Q1 profit estimates

Best Buy said on Thursday it expected sales in its key computing category to improve this year on renewed demand after its quarterly profit beat Wall Street estimates,

Best Buy sees laptop upgrades driving demand recovery; tops Q1 profit estimates
Business|Technology

Tesla makes push to roll out advanced FSD self-driving in China

Tesla is preparing to register its 'Full Self-Driving' software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three

Tesla makes push to roll out advanced FSD self-driving in China

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