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Ex-Goldman banker Leissner sentenced to prison in 1MDB case

Financial Wealth DailyMay 29, 20250

By Saeed Azhar NEW YORK (Reuters) -Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by…

  • Business

OpenAI CFO says new structure opens door for potential IPO

Financial Wealth DailyMay 28, 20250

By Conor Humphries DUBLIN (Reuters) -OpenAI’s restructuring plans position it for a potential future IPO, but any such decision would…

  • Business

Nissan plans $7 billion funding, including loan backed by UK government, Bloomberg News says

Financial Wealth DailyMay 28, 20250

TOKYO (Reuters) -Japan’s struggling Nissan is considering raising more than 1 trillion yen ($7 billion) from debt and asset sales…

  • Economy

Steel industry doubts China will enforce output cut plans

Financial Wealth DailyMay 28, 20250

By Amy Lv and Hongmei Li SINGAPORE (Reuters) -China says it wants to cut crude steel output this year but…

    US senator calls for AI competition in Pentagon contracting

    Financial Wealth DailyMay 28, 20250

    By Marisa Taylor and Alexandra Ulmer (Reuters) -Democratic Senator Elizabeth Warren urged the U.S. Department of Defense to ensure competitive…

    • Top News

    Russia launches war’s largest air attack on Ukraine, kills at least 12 people

    Financial Wealth DailyMay 25, 20250

    By Max Hunder KYIV (Reuters) -Russian forces launched a barrage of 367 drones and missiles at Ukrainian cities overnight, including…

    • Top News

    German chief of defence orders swift expansion of warfare capabilities

    Financial Wealth DailyMay 25, 20250

    By Sabine Siebold BERLIN (Reuters) -Germany’s Chief of Defence, Carsten Breuer, has ordered the German military to be fully equipped…

    • Business

    Informatica explores sale again, Salesforce among suitors

    Financial Wealth DailyMay 25, 20250

    (Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the…

    • Business

    Musk says he’ll resume working ’24/7′ at his companies, X outage mostly restored

    Financial Wealth DailyMay 25, 20250

    (Reuters) – Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens…

    • Business

    Exclusive-Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say

    Financial Wealth DailyMay 24, 20250

    By Liam Mo and Fanny Potkin BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a…

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