By Stephen Nellis (Reuters) – French electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data…
Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) – Japan’s Nippon Steel is committed to its $15 billion…
Trump’s crypto advocacy steers businesses away from traditional treasury assets
By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate…
US services sector activity takes breather in November
WASHINGTON (Reuters) – U.S. services sector activity slowed in November after posting big gains in recent months, but remained above…
Exxon names former GM president to run oil and gas business
HOUSTON (Reuters) – Exxon Mobil said on Tuesday that Dan Ammann, former president of General Motors, will take over its…
China bans export of critical minerals to US as trade tensions escalate
By Amy Lv and Tony Munroe (Reuters) – China on Tuesday banned exports to the United States of the critical…
Nvidia CFO says M&A possible use for growing cash hoard
(Reuters) – AI chip leader Nvidia could put its growing cash pile to use through possible mergers and acquisitions, finance…
Amazon announces new slate of AI models
LAS VEGAS (Reuters) – Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual…
Uber launches boat hailing service on Kashmir’s scenic Dal Lake
By Fayaz Bukhari SRINAGAR, India (Reuters) – Uber launched a water transport hailing service on scenic Dal Lake in India’s…
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion…