Nov 06, 2023
Tesla to build 25,000-euro car in Germany – source

By Victoria Waldersee BERLIN (Reuters) -Tesla plans to build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming…

Nov 05, 2023
AI summit a start but global agreement a distant hope

By Martin Coulter and Paul Sandle LONDON (Reuters) -British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit but a global plan for overseeing the technology remains a long way…

Nov 05, 2023
Marketmind: Rate cut prospects fuel stock rally

By Wayne Cole (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight…

Nov 04, 2023
Musk’s xAI set to launch first AI model to select group

(Reuters) -Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla CEO said on Friday. This comes nearly a year after OpenAI's ChatGPT caught the imagination of businesses…

Nov 03, 2023
BofA notifies customers of temporary industry-wide deposit delays

(Reuters) -Bank of America's mobile app flashed a message on Friday that said customers could be facing temporary delays in depositing funds into their accounts after a technical glitch impacted multiple financial institutions. The issue could be stemming from The…

Nov 03, 2023
Maersk cutting at least 10,000 jobs as shipping boom unravels

By Jacob Gronholt-Pedersen and Louise Rasmussen COPENHAGEN (Reuters) - Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs…

Nov 03, 2023
Cboe tops Q3 profit estimates on strong trading volumes

By Sri Hari N S and Laura Matthews (Reuters) -Exchange operator Cboe Global Markets Inc on Friday sailed past analysts' estimates for third-quarter profit as transaction volumes surged amid spiraling volatility in the global markets across asset classes. The company…