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Volvo Cars CEO says customers must pay for rising tariffs

Financial Wealth DailyMay 23, 20250

STOCKHOLM (Reuters) -Volvo Cars CEO Hakan Samuelsson said on Friday that customers would have to pay a large part of…

  • Business

Trump’s tariffs hit European luxury industry, shares tank 

Financial Wealth DailyMay 23, 20250

PARIS (Reuters) – European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a straight…

  • Business

Alphabet hits near three-month high on new AI updates

Financial Wealth DailyMay 22, 20250

(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial…

  • Business

Google faces DOJ probe over Character.AI deal, Bloomberg Law reports

Financial Wealth DailyMay 22, 20250

(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows…

  • Business

Adtech platform MNTN valued at $1.6 billion in another sign of IPO markets comeback

Financial Wealth DailyMay 22, 20250

By Ateev Bhandari and Niket Nishant (Reuters) -MNTN, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as…

  • Business

Amazon tests AI audio summaries for products, expanding tech giants’ AI Push

Financial Wealth DailyMay 21, 20250

(Reuters) -Amazon is testing AI-powered short-form audio summaries on select product detail pages, the e-commerce giant said on Wednesday, as…

  • Business

Apple to open its AI models to developers, Bloomberg News reports

Financial Wealth DailyMay 20, 20250

(Reuters) -Apple is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to…

  • Business

Nippon Steel still committed to full U.S. Steel takeover -executive

Financial Wealth DailyMay 20, 20250

By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel remains committed to acquiring a full stake in U.S….

  • Business

Energy investor Five Point targets $2 billion from Northwind pipelines sale, sources say

Financial Wealth DailyMay 19, 20250

By David French (Reuters) -The private equity owner of Northwind Midstream is exploring a potential sale of the Permian Basin…

  • Business

Dell unveils new AI servers powered by Nvidia chips to boost enterprise adoption

Financial Wealth DailyMay 19, 20250

(Reuters) -Dell Technologies on Monday unveiled new servers powered by Nvidia’s Blackwell Ultra chips, aiming to capitalize on the booming…

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