Microsoft urges Trump to overhaul Biden’s last AI-chip export curbs
(Reuters) -Microsoft has urged President Donald Trump’s team to ease export restrictions imposed on artificial intelligence chips in the closing…
Category: Business
Chevron license termination could lead to new oil export pact in Venezuela, sources say
By Marianna Parraga HOUSTON (Reuters) – The cancellation of a license for Chevron to operate in Venezuela could lead to…
Thermo Fisher buys Solventum’s purification and filtration business for $4.1 billion
(Reuters) -Contract drug manufacturer Thermo Fisher Scientific said on Tuesday it will buy Solventum’s purification and filtration business for about…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…
BMW says it will review timing of electric Mini production in UK
LONDON (Reuters) – BMW said on Saturday it is rethinking its timetable for manufacturing all-electric Mini cars in Britain, citing…
AI startup Genspark raises $100 million to compete with Google, source says
By Anna Tong (Reuters) – Search startup Genspark has raised $100 million in a series A funding round, valuing the…
Exclusive-Google to be hit with EU charges of breaching Big Tech rules, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google is set to be charged with breaching EU rules aimed…
Eli Lilly bets big on weight-loss pill with $550 million inventory stockpile
By Sriparna Roy (Reuters) – Eli Lilly is betting big on its experimental oral weight-loss drug even before reporting data…
Exxon, SLB flag interest in lithium projects in Chile, say document and source
By Daina Beth Solomon SANTIAGO (Reuters) – U.S. oil major Exxon Mobil is planning a meeting with Chilean officials to…
Analysis-Southwest’s layoffs dent its worker-first culture
By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines’ first company-wide layoffs in its nearly 54-year history are aimed at…