Jan 9 (Reuters) – Elon Musk’s artificial intelligence startup xAI is investing more than $20 billion to build a data…
Trump’s order for Freddie, Fannie to buy $200 billion mortgage bonds raises IPO doubts
By Utkarsh Shetti Jan 9 (Reuters) – U.S. President Donald Trump’s order for Freddie Mac and Fannie Mae to buy…
Trump signs order to protect Venezuelan oil revenue held in US accounts
Jan 10 (Reuters) – U.S. President Donald Trump has signed an executive order aimed at protecting revenue from the sale…
US factory headcount falling despite Trump’s promised manufacturing boom
By Howard Schneider WASHINGTON, Jan 9 (Reuters) – U.S. manufacturing jobs in December continued an eight-month skid that began last…
Bank of England might need new powers to assess private markets, lawmakers say
LONDON, Jan 9 (Reuters) – British lawmakers are calling for the Bank of England to be handed new powers to…
Chinese AI server leader xFusion hires investment bank in first step toward listing
SHANGHAI, Jan 7 (Reuters) – China’s leading AI server provider xFusion has hired Citic Securities in preparation for an initial…
Venezuela’s PDVSA says oil supply negotiations with US progressing
Jan 7 (Reuters) – Venezuela’s state-run oil company PDVSA said on Wednesday it is progressing in negotiations with the United…
Merck urges science-led US vaccine schedule after CDC trims childhood vaccine list
Jan 8 (Reuters) – Merck on Thursday said any changes to the U.S. child and adolescent immunization schedule should rest…
Moody’s analyst says $1.5 trillion Trump defense budget plan could widen deficits
NEW YORK, Jan 8 (Reuters) – U.S. President Donald Trump’s proposed increase in defense spending for 2027 is unlikely to…
Nestle infant formula recall widens to Africa, the Americas and Asia
By Alexander Marrow LONDON, Jan 7 (Reuters) – Nestle’s recall of some batches of infant nutrition products has widened beyond…