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An Etihad aircraft disappears into the clouds as it takes off from Heathrow Airport in London, Britain March 14, 2020.

Etihad CEO considers buying small number of Airbus, Boeing jets

Reuters |Updated 2 hours ago |2 min read

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 ...

A Microsoft sign is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024.

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Reuters |Updated 1 hour ago |2 min read

(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 ...

A view of the U.S. Capitol dome, as Congress faces a deadline on Friday, March 22, to extend funding or face a partial shutdown of the federal government, in Washington, D.C., U.S., March 21, 2024.

US crypto super PACs have raised more than $100 million, report says

Hannah Lang |Updated 3 hours ago |2 min read

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, ...

A home for sale is seen in the Penn Estates development where most of the homeowners are underwater on their mortgages in East Stroudsburg, Pennsylvania, U.S., June 20, 2018. Picture taken June 20, 2018.

Fewer low-income Americans took out mortgages in 2023, study says

Reuters |Updated 3 hours ago |1 min read

(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 ...

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Synopsys sells software integrity unit for $2.1 billion to PE group

Reuters |Updated 36 minutes ago |1 min read

(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 ...

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Canadian dollar strengthens, benchmark yield slips

Reuters |Updated 4 hours ago |1 min read

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 logo and representations of cryptocurrency are seen in this illustration taken December 12, 2023.

Robinhood Crypto gets Wells notice from US SEC

Reuters |Updated 45 minutes ago |2 min read

(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 ...

Formula One F1 - Miami Grand Prix - Miami International Autodrome, Miami, Florida, United States - May 5, 2024 Republican Presidential candidate and former U.S. President Donald Trump ahead of the Miami Grand Prix

Trump Media dismisses auditor BF Borgers amid SEC fraud charges

Reuters |Updated 4 hours ago |1 min read

(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 ...

A view of an entrance of Sweden's central bank in Stockholm, Sweden, August 12, 2016. Picture taken August 12, 2016.

Swedish central bank to cut key rate this week, Reuters poll shows

Simon Johnson |Updated 5 hours ago |2 min read

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 ...

Nippon Steel logos are displayed at the company's headquarters in Tokyo, Japan March 18, 2019.

EU clears $14.9 billion purchase of U.S. Steel by Japan's Nippon

Reuters |Updated 3 hours ago |2 min read

(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 ...

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