(Reuters) – Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc, according to a regulatory filing on Monday. After the offering, Intel’s voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares…
By Steven Scheer TEL AVIV (Reuters) – OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in reducing risks from artificial intelligence and eyed investment opportunities in the country even as it debates whether and how to regulate the technology behind ChatGPT. Altman is one of the tech world’s most prominent voices…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday after the world’s top exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to counter macroeconomic headwinds that have depressed markets. Brent crude futures settled up 58 cents at $76.71 a barrel, after touching a…
By Patricia Zengerle WASHINGTON (Reuters) – Members of a U.S. House of Representatives committee will be able to view a classified cable related to the August 2021 withdrawal from Afghanistan, the committee said on Monday, ending a threat to file contempt charges against Secretary of State Antony Blinken. Republican Representative Michael McCaul, chairman of the…
By Joanna Plucinska, Tim Hepher and Aditi Shah ISTANBUL (Reuters) – Airlines took aim at Europe over green fuel mandates and its failures to stem France’s air traffic control strikes as they weigh on carrier capacities at a global airlines meeting in Istanbul on Monday. European regulators have introduced a new mandate demanding airlines use…
By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -Secretary of State Antony Blinken pledged continued U.S. commitment to both Israel’s security and a two-state solution to the Israel-Palestinian conflict on Monday, but said the expansion of Jewish settlements would be an obstacle to peace. In a speech to the pro-Israel lobby group the American Israel…
RIYADH (Reuters) – Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances. Maduro was received at the airport of the Saudi Red Sea city of Jeddah by Deputy Governor of Mecca region Prince Badr bin Sultan and other…
By Francois Murphy VIENNA (Reuters) – The U.N. nuclear watchdog’s chief denied on Monday that his agency had watered down its standards in an investigation into past Iranian activities after Israel accused it of “capitulation to Iranian pressure”. The dispute centres on the International Atomic Energy Agency’s years-long investigation into the origin of uranium particles…
DUBAI (Reuters) -Qatar recorded a budget surplus of 19.7 billion Qatari riyals ($5.4 billion) in the first quarter of 2023, its state news agency said on Monday, citing the finance ministry. Total revenues for Q1 stood at 68.6 billion riyals, of which 63.4 billion were oil and gas revenues, the Qatar News Agency statement said,…
(Reuters) – Russia’s foreign ministry said on Monday that it saw no prospects for extending the Black Sea grain export deal, which is set to expire in mid-July, Russian news agencies reported. TASS news agency quoted the ministry as saying that it was continuing consultations with the United Nations, and that ship inspections had resumed….
