Elon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports
(Reuters) -Elon Musk's artificial intelligence startup xAI has been talking to Oracle executives about spending $10 billion t...
2h ago
Argentina traders bet on another big rate cut as inflation eases
By Jorge Otaola BUENOS AIRES (Reuters) - Argentine market traders are betting the central bank will cut its benchmark interes...
3h ago
US Fed's Powell expects inflation to fall, though not as confident as before
By Bart H. Meijer and Toby Sterling AMSTERDAM (Reuters) - Federal Reserve Chair Jerome Powell said he expects U.S. inflation ...
3h ago
Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
(Reuters) - Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the medi...
3h ago
Exclusive-German economic advisors to cut 2024 growth forecast, says source
By Holger Hansen BERLIN (Reuters) - The German Council of Economic Experts expects 0.2% gross domestic product growth this ye...
4h ago
US airlines forecast record 2024 summer travel, up 6.3% over 2023
WASHINGTON (Reuters) - A group representing major U.S. airlines forecast record summer travel with carriers expected to trans...
4h ago
BHP chief urges Anglo investors to consider takeover benefits
JOHANNESBURG/ LONDON (Reuters) - BHP Chief Executive Mike Henry said that Anglo American investors need to consider the merit...
4h ago
G7 to discuss global trade risks after US tariffs on China
ROME (Reuters) - The Group of Seven (G7) major democracies meeting in Italy next week will discuss the risk of fragmentation ...
5h ago
Amazon's cloud unit CEO Adam Selipsky to step down, Matt Garman to take his place
(Reuters) -The chief executive of Amazon.com's cloud unit Amazon Web Services, Adam Selipsky, is stepping down, the company s...
5h ago
Brazil airline Gol swings to net loss in first quarter
SAO PAULO (Reuters) - Brazilian airline Gol reported on Tuesday a first-quarter recurring net loss of 130.2 million reais ($2...
5h ago