By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel remains committed to acquiring a full stake in U.S. Steel, a senior executive said, adding that it is seeking a meeting with U.S. Treasury Secretary Scott Bessent to clarify President Donald Trump’s stance on the deal. The steelmakers face a May 21 deadline for…
(Reuters) -Tesla is set to begin a test of its long-promised robotaxi service on schedule in Austin, Texas, by the end of June, Chief Executive Elon Musk said on Tuesday, even as the company faces questions from a U.S. regulator on safety. The electric vehicle maker will roll out about 10 self-driving cars in some…
By Daphne Psaledakis, Patricia Zengerle and Simon Lewis WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio said on Tuesday the number of visas he has revoked was probably in the thousands, adding that he believed there was still more to do. Republican President Donald Trump’s administration has sought to ramp up deportations and revoke student…
BEIJING (Reuters) -China on Monday urged the United States to “immediately correct its wrongdoings” and stop “discriminatory” measures after the U.S. issued guidance warning companies not to use advanced computer chips from China, including Huawei’s Ascend AI chips. The U.S. action seriously undermined consensus reached at the high-level bilateral talks in Geneva, a statement from…
By David French (Reuters) -The private equity owner of Northwind Midstream is exploring a potential sale of the Permian Basin gas infrastructure operator, with any deal expected to value the company at around $2 billion including debt, people familiar with the matter said. Five Point Infrastructure is working with investment bankers at Piper Sandler on…
(Reuters) -Dell Technologies on Monday unveiled new servers powered by Nvidia’s Blackwell Ultra chips, aiming to capitalize on the booming demand for artificial intelligence systems. The servers, available in both air-cooled and liquid-cooled variations, support up to 192 Nvidia Blackwell Ultra chips but can be customized to include as many as 256 chips. These servers…
By Alexandra Alper and Jarrett Renshaw WASHINGTON (Reuters) – Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with the matter. Under…
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous week for cryptocurrency in public markets, with Coinbase joining the S&P 500 and retail brokerage eToro also going public. Galaxy Digital, a crypto investment company that also specializes in artificial intelligence data center infrastructure, had…
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung’s addition will expand Tesla’s board to nine members. Joe Gebbia, the co-founder of Airbnb was the last addition to the board in 2022. Tesla’s board has come under…
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday. The ChatGPT maker is expected to be one of the primary anchor tenants for a 5-gigawatt data center campus in Abu Dhabi, the…
