(Reuters) – Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest…
Silicon Valley chip startup Cerebras unveils AI supercomputer
By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized…
Walmart, Target results will tell how gloomy holidays could get for retailers
By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Walmart and Target results this week are likely to show that…
EV startup Faraday Future signs deal to raise up to $350 million
(Reuters) – Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions…
India’s Oct retail inflation eases to 6.77% y/y
BENGALURU (Reuters) – India’s annual retail inflation eased to 6.77% in October helped by slower rises in food prices and…
China refiners slow down Russian oil purchases as sanctions near – trade
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and…
ECB policymakers caution against tightening policy too fast
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid…
OPEC cuts oil demand growth forecast again as economic challenges mount
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth…
Italy aims to bring Telecom Italia network under state control
ROME (Reuters) -Italy’s new government wants to bring Telecom Italia’s (TIM) network under state control to speed up the digitalization…