By Nivedita Balu TORONTO (Reuters) -When Royal Bank of Canada convenes its first investor day in seven years on Thursday,…
BofA raises gold price forecasts for 2025, 2026
(Reuters) – Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting…
US oil, gas activity rose in first quarter, but energy execs wary of tariffs, Dallas Fed says
By Curtis Williams and Georgina McCartney HOUSTON (Reuters) – U.S. oil and gas activity increased slightly in the first quarter,…
Rivian spin-off Also reveals it will make lightweight electric vehicles
By Akash Sriram (Reuters) – Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive…
Top EU official expects Trump tariffs of about 20%, FT reports
(Reuters) – The European Union’s top trade negotiator Maroš Šefčovič expects U.S. President Donald Trump to hit the bloc with…
Merck buys rights to heart disease drug in latest China deal
By Sriparna Roy (Reuters) -Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth…
Alibaba says to restart hiring, sees signs of start of AI bubble in the US
By Kane Wu and Selena Li HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant…
DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says
By Liam Mo and Kane Wu BEIJING/HONG KONG (Reuters) – China has narrowed the AI development gap with the United…
Kroger countersues rival Albertsons after demise of $25 billion merger
(Reuters) -U.S. grocery chain Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of…
Apple is welcome to expand investment in China, commerce minister tells CEO
BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand…