By Scott DiSavino (Reuters) – Freezing weather and snow storms across the U.S. could cause massive power outages over the…
Apple offers iPhone discounts in China as competition intensifies
BEIJING (Reuters) – Apple is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in…
UBS boss warns against excessive banking regulation ahead of overhaul
ZURICH (Reuters) – Switzerland should not set rules for its banking sector that put it at a disadvantage, UBS CEO…
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
(Reuters) – Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust…
China to cut import tariffs on some recycled copper and aluminium raw materials
SHANGHAI (Reuters) – China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next…
Explainer-Why OpenAI plans transition to public benefit corporation
By Jaspreet Singh and Rishi Kant (Reuters) – OpenAI on Friday laid out a plan to transition its for-profit arm…
Vanguard reaches deal with US bank regulator over control of bank stakes
(Reuters) -The U.S. Federal Deposit Insurance Corporation has reached a deal with Vanguard that will strengthen the rules under which…
OpenAI lays out plan to shift to new for-profit structure
(Reuters) – OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create…
Duke Energy files to recover $1.1 billion in hurricane costs
(Reuters) – U.S.-based utility Duke Energy said on Friday it had filed a plan with the Florida Public Service Commission…
FDA approves injectable version of Bristol Myers Squibb’s cancer drug Opdivo
By Sneha S K and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration said on Friday that it has…