OpenAI chief goes before US Congress to propose licenses for building AI
(Reuters) – OpenAI, the startup behind ChatGPT, wants the U.S. to consider mandating licenses for companies to develop powerful artificial…
China’s Baidu beats quarterly revenue estimates on ad strength
(Reuters) – Search engine giant Baidu Inc (NASDAQ:BIDU) beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising…
Japan approves energy firms’ household power price hike
(Reuters) – Japan’s government on Tuesday has approved an increase in household electricity rates of made by seven major utilities…
Gold creeps lower as hawkish Fed speakers brew renewed caution
Gold prices fell slightly in early Asian trade on Tuesday as a slew of Federal Reserve officials warned that interest…
Oil trades sideways amid US plan to refill reserves, mixed China outlook
(Reuters) – Oil futures traded sideways on Tuesday, after mostly weaker-than-expected data from China muddied the outlook for demand from…
Wells Fargo reaches $1 billion settlement with shareholders over recovery from scandals
(Reuters) – Wells Fargo (NYSE:WFC) & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders…
Vodafone’s new boss to cut 11,000 jobs as cash flow to fall
(Reuters) – New Vodafone (NASDAQ:VOD) boss Margherita Della Valle said on Tuesday she would cut 11,000 jobs over three years…
Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources
(Reuters) – South Korea’s LG Display (NYSE:LPL) Co Ltd will start supplying high-end TV panels to Samsung (KS:005930) Electronic Co…
Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday’s a busy day for European…
Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
(Reuters) – Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP…