Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration will seek up to 6 million barrels of oil for the…
Fed rate cuts will not be as deep as the market expects, says BlackRock
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market…
VR and AR headsets demand set to surge on AI, lower costs, IDC says
(Reuters) – Global shipments for augmented and virtual reality (AR/VR) headsets are expected to grow 41.4% in 2025, powered by…
J&J gets $260 million talc verdict overturned in Oregon, new trial ordered
By Brendan Pierson (Reuters) – An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a…
AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech
By Jeffrey Dastin and Katie Paul (Reuters) – A team of technology experts issued a global call on Monday seeking…
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion
(Reuters) -U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma’aden joint venture…
Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya Kalra NEW DELHI (Reuters) – Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to…
Well Fargo’s new regulatory trouble may delay asset cap removal timeline, analysts say
By Manya Saini (Reuters) – Wells Fargo’s latest regulatory setback could delay the timeline for lifting the asset cap imposed…
Exclusive-Bain Capital taps advisers for sale of UK’s esure, sources say
By Amy-Jo Crowley and Carolyn Cohn LONDON (Reuters) – Private equity firm Bain Capital has lined up advisers for the…
23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows
(Reuters) – 23andMe co-founder and chief executive Anne Wojcicki would be open to considering third-party takeover proposals for the company,…