Clay valued at $3.1 billion in latest fundraise as AI continues to run hot
By Ateev Bhandari (Reuters) -AI startup Clay’s valuation more than doubled in about three months to $3.1 billion in its…
Mexico set to discuss US tariffs with Canada as ministers visit
MEXICO CITY (Reuters) -Mexican Economy Minister Marcelo Ebrard said he is set to speak with Canada’s finance minister, who is…
BHP and Lundin will request Argentina incentives, but other miners fear missing out
By Lucila Sigal SAN JUAN, Argentina (Reuters) -BHP and Lundin plan to soon apply for a new Argentine investment incentives…
Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO
By Ateev Bhandari and Koh Gui Qing (Reuters) -New America Acquisition I Corp, a blank-check firm backed by Eric Trump…
Stone secures IBD financing to offer credit to businesses in the Amazon
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian payments company Stone said on Monday it has secured 295 million reais ($53.4…
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…
MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
By Andre Romani SAO PAULO (Reuters) -Latin American e-commerce giant MercadoLibre on Monday posted a 1.5% dip in its second-quarter…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…