Gold prices rise as dollar retreats, copper rallies on China hopes

Gold prices rose on Monday, taking some relief from a drop in the dollar ahead of key inflation data due…

Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO

(Reuters) -Alibaba’s stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit just two…

Meta is developing a new, more powerful AI system – WSJ

(Reuters) – Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced…

4 big deal reports: Enbridge shells out $14B for Dominion utilities

Enbridge to pay $14 billion to Dominion Energy for 3 utilities Enbridge (NYSE:ENB) agreed to acquire EOG, Questar, and PSNC…

Vietnam Air inks $7.8 billion deal for Boeing 737 max planes, White House says

(Reuters) – The White House said on Monday that Vietnam Airlines’ deal to buy 50 737 Max jets from U.S.…

European stocks higher; ECB meeting, U.S. inflation to guide sentiment

European stock markets traded higher Monday, with investors cautiously awaiting the latest policy-setting meeting by the European Central Bank later…

Dollar retreats ahead of inflation data; Yen soars on Ueda’s comments

The U.S. dollar fell in early European trade Monday, retreating from a six-month high, while the Japanese yen surged as…

Tesla supercomputer could boost EV maker’s market cap by $600 billion – Morgan Stanley

(Reuters) -Tesla’s supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an “asymmetric advantage”…

Nasdaq gets SEC nod for first exchange AI-driven order type

(Reuters) – Nasdaq Inc. on Friday said it won approval from the U.S. Securities and Exchange Commission to launch the…

Swiss post mortem of Credit Suisse crisis to go back to 2015

(Reuters) – Switzerland gave a rare glimpse on Friday into so far highly secretive procedures for its inquiry into Credit…