Factbox-Major brokerages boost bets on December Fed rate cut ahead of policy meeting
Dec 8 (Reuters) – Morgan Stanley, Standard Chartered and Nomura became the latest brokerages to forecast an interest rate cut…
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OpenAI sued for allegedly enabling murder-suicide
By Blake Brittain Dec 11 (Reuters) – OpenAI and its largest financial backer, Microsoft, were sued in California state court…
L’Oreal to increase stake in skin care firm Galderma to 20%
Dec 8 (Reuters) – L’Oreal will double its stake in Swiss skin care firm Galderma to 20%, it said on…
Exclusive-US FDA launches fresh safety scrutiny of approved RSV therapies for infants
By Dan Levine and Patrick Wingrove Dec 9 (Reuters) – U.S. health regulators informed senior executives at Merck, Sanofi and…
Google faces EU antitrust investigation over AI Overviews, YouTube
By Foo Yun Chee and Louise Rasmussen BRUSSELS, Dec 9 (Reuters) – Alphabet’s Google faces an EU antitrust investigation into…
US tech firm UST partners with Volkswagen’s Audi, takes majority stake in Italdesign
Dec 10 (Reuters) – Volkswagen’s Audi Group said on Wednesday it had entered a strategic partnership with U.S.-based technology company…
Spot crypto products to begin trading on CFTC-registered exchanges
Dec 4 (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday that spot crypto asset contracts will…
US defense agency push to stockpile cobalt hits pause as price soars
By Pratima Desai LONDON, Dec 4 (Reuters) – The U.S. Defense Logistics Agency still intends to purchase cobalt for the…
AI startup Cohere CEO says US holds edge over China in AI race
By Deborah Mary Sophia, Juby Babu and Krystal Hu Dec 4 (Reuters) – Canadian tech startup Cohere’s CEO Aidan Gomez…
Netflix-Warner Bros deal faces political pushback even as company touts benefits
By Jody Godoy Dec 5 (Reuters) – Netflix pitched its $72 billion acquisition of Warner Bros Discovery’s studios and streaming…