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SoftBank in talks to invest up to $25 billion into OpenAI, says source
Business

SoftBank in talks to invest up to $25 billion into OpenAI, says source

By Anirban Sen (Reuters) -SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to…

January 30, 2025March 21, 2025
Blackstone holds firm on data center investments despite DeepSeek turmoil
Business

Blackstone holds firm on data center investments despite DeepSeek turmoil

By Niket Nishant and Manya Saini (Reuters) – Blackstone said on Thursday its massive investments in data centers would not…

January 30, 2025March 21, 2025
Renault seeking to maximize value of Nissan shares in Honda merger, says source
Business

Renault seeking to maximize value of Nissan shares in Honda merger, says source

PARIS (Reuters) – Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise…

January 29, 2025March 21, 2025
Alphabet’s Waymo to test its autonomous driving technology in over 10 new cities
Business

Alphabet’s Waymo to test its autonomous driving technology in over 10 new cities

(Reuters) – Alphabet’s self-driving unit Waymo announced on Wednesday it plans to expand testing of its autonomous driving technology in…

January 29, 2025March 21, 2025
DeepSeek’s global success received by Chinese with pride and glee
Business

DeepSeek’s global success received by Chinese with pride and glee

By Eduardo Baptista and Alessandro Diviggiano BEIJING (Reuters) – Chinese bloggers, state media and local citizens have welcomed DeepSeek’s global…

January 29, 2025March 21, 2025
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Business

Nvidia short bets rake in over $6 billion in profits after DeepSeek panic

By Shashwat Chauhan (Reuters) – Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of…

January 28, 2025March 21, 2025
Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation
Business

Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation

By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has…

January 28, 2025March 21, 2025
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Business

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants,…

January 28, 2025March 21, 2025
Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
Business

Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say

(Reuters) – Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above…

January 27, 2025March 21, 2025
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
Business

Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…

January 24, 2025January 27, 2025

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