By Stefania Spezzati LONDON (Reuters) – The UK’s Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees…
Apple plans three-year modem rollout to compete with Qualcomm, Bloomberg News reports
(Reuters) – Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components…
HSBC expects S&P 500 index to hit 6,700 by end-2025
(Reuters) – Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of…
EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows
(Reuters) – Electric vehicles and plug-in hybrids are seeing concerns over their reliability easing but they still lag gas-powered vehicles,…
Stellantis, Zeta Energy agree to jointly develop lithium-sulfur EV batteries
MILAN (Reuters) – Stellantis has signed an agreement with U.S.-based Zeta Energy to develop cheap lithium-sulfur batteries for electric vehicles,…
Schneider Electric working with Nvidia to design data center cooling systems
By Stephen Nellis (Reuters) – French electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data…
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…
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…
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…