US weekly jobless claims post biggest drop in 20 months as economy shows stamina
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week by…
Business
Dollar index hits two-week high as data boosts Fed hike expectations
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar index climbed to a two-week high on Thursday after economic…
Credit Suisse appoints investment banking management committee -memo
By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday…
Chevron offers to sell oil and gas properties in New Mexico, Texas
HOUSTON (Reuters) – Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to…
Regulatory logjam in China offshore listings hits firms’ funding plans
By Scott Murdoch and Kane Wu SYDNEY/HONG KONG (Reuters) – Chinese companies are finding it challenging to get timely regulatory…
Lawsuit says OpenAI violated US authors’ copyrights to train AI chatbot
By Blake Brittain (Reuters) – Two U.S. authors sued OpenAI in San Francisco federal court on Wednesday, claiming in a…
US Supreme Court tosses Hetronic’s $96 million trademark win against European distributor
By Blake Brittain WASHINGTON (Reuters) – Limiting the foreign reach of American trademark law, the U.S. Supreme Court on Thursday…
Fed’s Powell signals fresh US rate hikes ahead
By Jesús Aguado, David Latona and Padraic Halpin (Reuters) -U.S. central bankers are likely to resume their rate hike campaign…
Bank of England’s Tenreyro warns against rate rises, says cuts may be needed
By David Milliken LONDON (Reuters) -The Bank of England has no need to raise interest rates further to curb inflation,…