Featured Reuters
Etihad CEO considers buying small number of Airbus, Boeing jets
DUBAI (Reuters) - Etihad Airways would consider buying a small number of aircraft from Airbus and Boeing over the next five years if delivery slots opened up, its chief executive said on Monday. The Abu Dhabi's carrier plans to grow its fleet of ...
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google and OpenAI, the Information reported on Monday. The new model, internally referred to as MAI-1, is being overseen by recently ...
US crypto super PACs have raised more than $100 million, report says
By Hannah Lang (Reuters) - Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, ...
Fewer low-income Americans took out mortgages in 2023, study says
(Reuters) - Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin said in a report on Monday, as steep interest rates make homebuying less affordable. As aggressive rate hikes by the U.S. Federal ...
Synopsys sells software integrity unit for $2.1 billion to PE group
(Reuters) -Synopsys said on Monday it would sell its software integrity (SIG) unit to a private-equity group led by Clearlake Capital and Francisco Partners in a $2.1 billion deal, as it shifts its focus towards the AI chips market. Reuters reported ...
Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie was trading 0.2% higher at C$1.3659 to the greenback, or 73.21 U.S. cents, after trading in a range of 1.366 to 1.3697.
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May 4 over crypto tokens traded on its platform. The company said it received a ...
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
(Reuters) - Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump ...
Swedish central bank to cut key rate this week, Reuters poll shows
By Simon Johnson STOCKHOLM (Reuters) - Sweden's central bank will cut its key interest rate this week by a quarter percentage point to 3.75% and then continue to ease policy gradually through the year, a Reuters poll showed on Monday. A large ...
EU clears $14.9 billion purchase of U.S. Steel by Japan's Nippon
(Reuters) -The European Union cleared U.S. Steel's $14.9 billion buyout by Japan's Nippon Steel on Monday, allaying competition concerns from a deal that has drawn political opposition in the United States. The approval by the European Commission was ...