AI startup Basis raises $34 million for accounting automation ‘agent’
By Anna Tong (Reuters) – Artificial intelligence startup Basis has raised $34 million in a Series A funding round for…
Mastercard to buy back up to $12 billion shares
(Reuters) – Mastercard said on Tuesday that its board has approved a new share repurchase program, authorizing the company to…
Uber and its CEO donate $1 million each to Trump’s inaugural fund
(Reuters) -Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to U.S. President-elect Donald Trump’s inaugural fund, a…
US study on LNG exports expected as soon as Tuesday, sources say
By Timothy Gardner WASHINGTON (Reuters) -The U.S. will release a draft study as soon as Tuesday on exports of liquefied…
Luxury and energy sectors weaken European shares; French stocks fall 0.7%
By Sruthi Shankar and Shashwat Chauhan (Reuters) – European shares closed lower on Monday, bogged down by heavyweight luxury and…
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to…
Pakistan central bank cuts key rate by 200 bps, fifth in a row
By Ariba Shahid KARACHI (Reuters) -Pakistan’s central bank cut its key policy rate by 200 basis points to 13% on…
Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1 billion merger deal
By Manya Saini (Reuters) -Berkshire Hills Bancorp and Brookline Bancorp have agreed to merge in an all-stock deal valued at…
US manufacturers predict growth in 2025 after prolonged slump
WASHINGTON (Reuters) – U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital…
Cuba predicts 1% growth in 2025 after dismal year, economy minister says
HAVANA (Reuters) – Cuban Economy Minister Joaquín Alonso Vázquez on Monday forecast the Caribbean island’s economy would grow only 1%…