By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted in March after growing for two straight months, while a measure of…
Weaker jobs signal, stronger prices highlight potential Fed dilemma
By Howard Schneider WASHINGTON (Reuters) – Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging…
Tesla’s new car sales in Italy down 7% in first quarter despite 51% jump in March
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to…
Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports
(Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship…
Gold sails above $3,100 to uncharted territory as US tariffs approach
By Anjana Anil and Anushree Mukherjee (Reuters) – Gold prices soared to record levels above $3,100 per ounce in a…
OpenAI plans to release open-weight language model in coming months
(Reuters) – OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming…
Tariff-hit firms may need business turnaround financing, Japan’s bank lobby chair says
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Japanese banks may need to offer business turnaround support to companies…
Lockheed Martin clinches $4.94 billion US Army missile contract
(Reuters) – Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion…
OpenAI must complete for-profit transition by year-end to raise full $40 billion
By Krystal Hu and Jaspreet Singh (Reuters) – OpenAI must transition to a for-profit company by the end of the…
Court allows Musk, DOGE to make further cuts to USAID
(Reuters) – A U.S. appeals court on Friday ruled that Elon Musk and members of the cost-focused Department of Government…