Exclusive-China starts work on easing rare earth export rules but short of Trump hopes, sources say
(Reuters) -China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely…
2025
Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports
(Reuters) -A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the…
Nvidia CEO Huang sees strong demand for Blackwell chips
By Wen-Yee Lee HSINCHU, Taiwan (Reuters) -Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong…
Exclusive-US Army to buy 1 million drones, in major acquisition ramp-up
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -The U.S. Army aims to buy at least a million drones in…
US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer sentiment slumped to near a 3-1/2-year low in early November as households across…
US to streamline Pentagon’s weapons acquisition amid global threats
By Mike Stone WASHINGTON (Reuters) -U.S. Secretary of Defense Pete Hegseth is expected to unveil sweeping changes to how the…
Airbnb see upbeat fourth quarter as revenue gets lift from strong international demand
By Aishwarya Jain (Reuters) -Vacation rental firm Airbnb forecast upbeat quarterly revenue after posting higher third-quarter results on Thursday, aided…
Tesla’s UK car sales halve in October, New Automotive data shows
(Reuters) -Tesla’s UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the…
Meta rejects French rights watchdog’s ruling against algorithm
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms on Tuesday rejected a ruling by the French rights watchdog against its…
Goldman, Morgan Stanley CEOs warn of pullback in global equity markets
By Manya Saini and Niket Nishant (Reuters) -CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned…