BT nears deal to sell TNT Sports stake to Warner Bros Discovery, FT reports
A view of BT Group logo displayed on BT tower, in London, Britain, July 21, 2023. REUTERS May 17 (Reuters) – BT (BT.L), is in advanced talks to sell its 50% stake in British broadcaster TNT Sports to U.S. joint venture partner Warner Bros Discovery (WBD.O), the Financial Times reported on Saturday. A deal could be announced as […]
Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
The logo of Tesla is pictured at a Tesla Super Charging station in Saint-Herblain near Nantes, France, March 27, 2025. REUTERS Companies Tesla Inc Follow (Reuters) – Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for […]
Musk’s xAI updates Grok chatbot after ‘white genocide’ comments
xAI and Grok logos are seen in this illustration taken, February 16, 2025. REUTERS (Reuters) – Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X […]
Exclusive: Citi to cut up to 200 tech contractor roles in China, sources say
The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS Summary Bank cutting IT contractor roles in China from this week Impacted contractors support Citi’s global IT, operations Bank to hire staff […]
CoreWeave shares end lower as OpenAI deal fails to calm spending worries
A screen displays the company logo for CoreWeave, Inc., Nvidia-backed cloud services provider, during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS Summary Company’s AI spending to surge amid data center demand CoreWeave expands OpenAI tie-up, announces new hyperscaler client (Reuters) […]
Demand for flights to China has risen recently, Singapore Airlines exec says
A Singapore Airlines plane lands at Kuala Lumpur International Airport (KLIA), in Sepang, Malaysia November 29, 2021. REUTERS SEOUL, May 16 (Reuters) – Singapore Airlines (SIAL.SI) has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on Friday. […]
Meta asks judge to rule that FTC failed to prove its monopoly case
Meta, U.S. flag and Judge gavel are seen in this illustration taken, August 6, 2024. REUTERS Summary FTC says Meta the dominated market for personal social networks Evidence does not support the FTC’s market definition, Meta says Judge may wait to rule until the trial ends in the coming weeks […]
Democrats look to block UAE arms sales, as Trump announces new deals
The dome of the U.S. Capitol Building is seen as the sun sets on Capitol Hill in Washington, U.S., July 26, 2019. REUTERS Summary Lawmakers cite crypto deal, Sudan allegations denied by UAE Trump announced deal, anticipates even closer US, UAE ties Democrats hope resolutions lead to debate in Congress […]
Gold falls to more than one-month low; US PPI data eyed
Jewellery is displayed at the Gold Souk market in Dubai, United Arab Emirates, March 14, 2025. REUTERS Summary US PPI data due at 1230 GMT Fed policymakers on hold to seek clarity Market expects 50 basis points of rate cuts this year May 15 (Reuters) – Gold prices dropped to […]
UnitedHealth under criminal probe for possible Medicare fraud, WSJ reports
The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS Summary UnitedHealth under criminal probe for possible Medicare fraud related to Medicare Advantage business, WSJ reports Co says it not been informed of criminal […]