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Category: Business

US court reopens Citgo parent auction for bids, winner to be recommended this month
Business

US court reopens Citgo parent auction for bids, winner to be recommended this month

HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of…

August 18, 2025August 18, 2025
Software stocks in Europe fall on concerns over AI pitfalls
Business

Software stocks in Europe fall on concerns over AI pitfalls

MILAN (Reuters) -Software stocks in Europe fell sharply on Tuesday, with heavyweight SAP sliding more than 6% amid concerns over…

August 12, 2025
Gold Council awaiting U.S. clarity on gold bar tariffs, Barrick CEO says
Business

Gold Council awaiting U.S. clarity on gold bar tariffs, Barrick CEO says

By Divya Rajagopal TORONTO (Reuters) -Barrick Mining CEO Mark Bristow said on Monday that the World Gold Council is waiting…

August 11, 2025
Trump suggests he may not allow sales of advanced Nvidia chip in China
Business

Trump suggests he may not allow sales of advanced Nvidia chip in China

WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Monday that he would not make a deal with American AI chip…

August 11, 2025
OpenAI releases open-weight reasoning models optimized for running on laptops
Business

OpenAI releases open-weight reasoning models optimized for running on laptops

By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models…

August 5, 2025August 5, 2025
Exclusive-Intel struggles with key manufacturing process for next PC chip, sources say
Business

Exclusive-Intel struggles with key manufacturing process for next PC chip, sources say

By Jeffrey Dastin and Max A. Cherney SAN FRANCISCO (Reuters) -The production process that Intel hoped would pave the way…

August 5, 2025August 5, 2025
MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
Business

MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins

(Corrects quote in paragraph 8 to “short-term margin pressure,” instead of “structural margin pressure”) By Andre Romani SAO PAULO (Reuters)…

August 4, 2025
Palantir raises annual revenue forecast again on surging AI demand
Business

Palantir raises annual revenue forecast again on surging AI demand

By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting…

August 4, 2025
Broadcom launches Jericho chip to advance AI data center networks
Business

Broadcom launches Jericho chip to advance AI data center networks

By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is…

August 4, 2025
Business

Analysis-Diageo’s new CEO needs actions, not just words

By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…

August 2, 2025August 18, 2025

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