(Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 per…
Meta oversight board asks firm not to automatically remove pro-Palestinian phrase
(Reuters) – Meta Platforms’ Oversight Board said on Wednesday the Facebook parent should not automatically remove a phrase seen by…
Elon Musk’s X wins appeal to block part of California content moderation law
By Mike Scarcella (Reuters) -Elon Musk’s social media platform X won on Wednesday an appeal to partially block a California…
US job openings at 3-1/2-year low as labor market cools
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market…
EV firm Polestar taps former Stellantis finance executive as CFO
(Reuters) – Electric vehicle maker Polestar said on Tuesday it has appointed former Stellantis finance executive Jean-Francois Mady as its…
AI server maker Super Micro denies short-seller Hindenburg’s claims
(Reuters) – Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and…
Starlink emerges as fresh battleground between Musk, Brazil
By Ricardo Brito and Luciana Magalhaes BRASILIA/SAO PAULO (Reuters) -Tensions between Brazil and Elon Musk’s business empire ratcheted up further…
Apple to completely switch to OLED for iPhone display from 2025, Nikkei says
TOKYO (Reuters) – Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and afterwards,…
Drug distributors strike $300 million opioid settlement with US health plans
(Reuters) – The three largest U.S. drug distributors have agreed to pay $300 million to resolve claims by health insurers…
Stocks end turbulent month higher as US data sets stage for rate cut
By Chibuike Oguh and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks edged higher in choppy trading on Friday, making it…