Marketmind: Counting down the $70 billion to a debt deal
A look at the day ahead in European and global markets from Vidya Ranganathan The week draws to a close…
Business
Baidu will ‘very soon’ officially launch generative AI model, says CEO
BEIJING (Reuters) – Chinese search engine giant Baidu’s CEO Robin Li said on Friday that the company will “very soon”…
Australia issues interim stop order for Humm’s BNPL products, shares drop
(Reuters) -Australian fintech company Humm Group said on Friday its unit got an interim stop order from the country’s corporate…
Cummins braving debt ceiling jitters with $275 million engine filter unit IPO
By Echo Wang (Reuters) -Diesel engine maker Cummins Inc priced the initial public offering (IPO) of its engine filtration division…
Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s…
Chip giant Nvidia nears trillion-dollar status on AI bet
By Aditya Soni (Reuters) -Nvidia Corp surged 24% on Thursday in one of the largest one-day gains in value for…
Australia retail sales flat in April as consumers cut back on food, dining out
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in April as consumers, who face high living costs and…
Low growth, high inflation are top risks for India, say economists: Reuters poll
By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a…
Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in…
New York City commission votes to halt deposits at Capital One
NEW YORK (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at…