Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources
HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and…
Business
Intel to invest $4.6 billion in new chip plant in Poland
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Intel plans to invest up to $4.6 billion in a…
Musk says vehicle autonomy is ‘main driver’ of Tesla value
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on…
Cargill enters dispute for Brazil soy crusher’s assets
By Ana Mano SAO PAULO (Reuters) – The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court…
Whirlpool settles trade secrets case against exec who joined rival Haier
By Blake Brittain (Reuters) -Appliance maker Whirlpool on Thursday agreed to drop a U.S. lawsuit against its former Italian executive…
Chinese President Xi meets Bill Gates, calls him ‘an old friend’
BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in…
Greyhound bus owner Flix edges towards listing
By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in…
Customers Bancorp acquires $631 million loan portfolio from FDIC at discount
By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS (Reuters) – Rheinmetall will ramp up production of propellant powder for ammunition at its plant in…
Humana joins UnitedHealth in flagging cost hit from rising surgeries
By Manas Mishra and Leroy Leo (Reuters) – Humana Inc on Friday joined larger health insurer UnitedHealth in warning of…