China’s consumer prices rise for third month, signalling demand recovery
By Joe Cash BEIJING (Reuters) -China’s consumer prices rose for a third straight month in April, while producer prices extended…
Category: Business
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…
French presidency: Amazon to announce new 1.2 billion euros investment in France
PARIS (Reuters) – U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the…
Pfizer and AstraZeneca announce new investments of nearly $1 billion in France
PARIS (Reuters) – Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a total of…
Musk’s Starlink satellites disrupted by major solar storm
By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as…
US Postal Service wants 25% price hike for high-volume package shipping
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Friday said it is seeking an average 25% price…
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar…
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday,…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…