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Category: Business

Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says 
Business

Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says 

SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…

January 7, 2025January 27, 2025
AI startups drive VC funding resurgence, capturing record US investment in 2024
Business

AI startups drive VC funding resurgence, capturing record US investment in 2024

By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from…

January 7, 2025January 27, 2025
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
Business

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says

(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…

January 7, 2025January 27, 2025
Tech group urges US to halt rule that would limit global access to AI chips
Business

Tech group urges US to halt rule that would limit global access to AI chips

By Karen Freifeld (Reuters) – A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing…

January 7, 2025January 27, 2025
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
Business

Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand

By Jaspreet Singh (Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered…

January 6, 2025January 27, 2025
Smithfield Foods first to publicly file in 2025 for big US IPO
Business

Smithfield Foods first to publicly file in 2025 for big US IPO

(Reuters) -Smithfield Foods on Monday made public its paperwork for its New York initial public offering as the maker of…

January 6, 2025January 27, 2025
Chip firms surge on hopes of strong AI-led demand
Business

Chip firms surge on hopes of strong AI-led demand

By Medha Singh and Purvi Agarwal (Reuters) -Shares of chipmakers jumped on Monday as Microsoft’s plan to invest $80 billion…

January 6, 2025January 27, 2025
Musk donated $108 million in Tesla shares to unnamed charities, filing shows
Business

Musk donated $108 million in Tesla shares to unnamed charities, filing shows

(Reuters) – Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according…

January 2, 2025January 27, 2025
US to issue hydrogen credit rule this week, with path for nuclear, sources say
Business

US to issue hydrogen credit rule this week, with path for nuclear, sources say

WASHINGTON (Reuters) – The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production…

December 31, 2024January 27, 2025
Boeing on track to be 2024’s biggest loser in Dow Jones Index
Business

Boeing on track to be 2024’s biggest loser in Dow Jones Index

(Reuters) – U.S. planemaker Boeing is on track to be the biggest loser of 2024 in the Dow Jones Index,…

December 31, 2024January 27, 2025

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