By Jeffrey Dastin MOUNTAIN VIEW, California (Reuters) – The financial report you read, the apparel marketing you see and the chat assistant you engage may soon reflect a common origin: artificia[...]
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NEWSLETTER
Toyota targets 10% profit jump, robust EV sales as chip woes recede
By Daniel Leussink TOKYO (Reuters) -Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an e[...]
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Ryanair places major Boeing order after jet price truce
By Valerie Insinna, Padraic Halpin and Tim Hepher WASHINGTON/DUBLIN (Reuters) -Ireland’s Ryanair sealed a multibillion-dollar deal for as many as 300 Boeing jets on Tuesday, burying the hatchet[...]
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Biden meets Microsoft, Google CEOs on AI dangers
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden met with CEOs of top artificial intelligence companies including Microsoft and Alphabet’s Google on Thursday and ma[...]
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KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26% year-on-year in the first quarter due to a sharp drop in asset sales from its[...]
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FDIC plans to hit big banks with fees to refill deposit insurance fund – Bloomberg News
(Reuters) -The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance fund, and inst[...]
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Oil falls 4%, extending losses after Fed rate hike
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted a[...]
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HSBC soothes shareholders by restoring dividend as profit triples
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising interest rates boosted its income, beating analyst forecasts and helping the b[...]
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US government may delay decision on electric vehicles biofuel program
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due[...]
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