By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a…
Category: Business
China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports
(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end…
AbbVie lifts profit forecast, downplays tariff threat
By Christy Santhosh and Puyaan Singh (Reuters) -AbbVie raised its full-year profit forecast on Friday while downplaying the potential hit…
Freeport-McMoRan profit slightly beats, flags higher costs amid tariffs
(Reuters) -Copper miner Freeport-McMoRan <FCX.N> reported a first-quarter profit on Thursday that slightly beat Wall Street’s expectations but said tariffs…
PulteGroup beats quarterly results estimates as incentives lift housing demand
(Reuters) -PulteGroup’s first-quarter profit and revenue beat Wall Street estimates on Tuesday, as the company’s incentives helped improve housing demand.…
AI economic gains likely to outweigh emissions cost, says IMF
(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing…
T-Mobile’s Metro unveils lower priced prepaid plans with 5-year price lock
(Reuters) -T-Mobile’s prepaid unit unveiled four new plans on Tuesday that provide a five-year price guarantee and monthly charges as…
Gold’s record run gains further traction; market conquers $3,500/oz
By Ashitha Shivaprasad and Anjana Anil (Reuters) -Gold’s remarkable run higher is reaching new heights, with the market touching $3,500 per ounce…
Chipotle plans Mexican foray with first outlet in 2026
(Reuters) -Chipotle Mexican Grill is expanding internationally with a location in Mexico that is set to open early next year,…
China retreats from US private equity investments, FT reports
(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating…