By Richard Cowan WASHINGTON (Reuters) -The nonpartisan Congressional Budget Office on Wednesday lowered its estimate of how much President Donald…
Raytheon secures $1.1 billion US Navy contract for more short-range missiles
(Reuters) -RTX’s defense arm Raytheon said on Wednesday it has been awarded a $1.1 billion contract from the U.S. Navy…
Nvidia chips make gains in training largest AI systems, new data shows
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia’s newest chips have made gains in training large artificial intelligence systems, new data…
Apple and Alibaba’s AI rollout in China delayed by Trump’s trade war, FT reports
(Reuters) – Apple and Alibaba’s rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the…
Taiwan continues to ‘communicate closely’ on tariff talks with US
TAIPEI (Reuters) -Taiwan continues to “communicate closely” with the United States on tariff talks, but cannot give more information at…
Local debt markets could shield Africa as funding sources shrink, Moody’s says
By Libby George LONDON (Reuters) -African countries should focus on developing liquid local debt markets in their home currencies to…
Palantir defies tech gloom as Trump momentum powers stellar share gains
By Arsheeya Bajwa (Reuters) -Palantir Technologies has succeeded where most tech stocks have struggled this year: staying hot in a…
Aerospace sector warns new US tariffs could put air safety, supply chain at risk
WASHINGTON (Reuters) -A group representing major U.S. and global aeropsace companies on Tuesday warned new tariffs on imported commercial aircraft,…
Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI
By Anna Tong, Jeffrey Dastin SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue,…
JPMorgan CEO Dimon backs US taxing carried interest, warns of bond market trouble
By Ateev Bhandari (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Friday that the U.S. should be taxing carried interest,…