By Byron Kaye SYDNEY (Reuters) - Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of a wide-ranging effort that includes skills training and…
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) - Chevron has agreed to buy Hess for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's massive Guyana discoveries, the latest in…
(Reuters) -Chip designer Nvidia said new U.S. export curbs on the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the deadline. The restrictions were supposed to come into play 30 days…
By Valerie Insinna and Mike Stone WASHINGTON (Reuters) -Lockheed Martin Corp has withdrawn from the U.S. Air Force's competition to build at least 75 refueling tankers, the company said, giving Boeing's KC-46 Pegasus a boost in the closely watched multibillion-dollar…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 2% on Monday as diplomatic efforts in the Middle East intensified in an attempt to contain the conflict between Israel and Hamas, easing investor concerns about potential supply disruptions. Brent…
By Abhinav Parmar and Priyamvada C (Reuters) -The United Auto Workers (UAW) union and General Dynamics have reached a tentative agreement over a new labor contract covering 1,100 workers at some of the U.S. defense contractor's facilities, staving off a…
By Yuvraj Malik and Zaheer Kachwala (Reuters) - U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial…
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - European lawmakers are yet to agree on several issues related to new artificial intelligence rules ahead of a crucial meeting on Tuesday, leaving any deal off the table until December,…
(Reuters) - Shares of U.S. automakers Ford Motor and General Motors slipped about 1% each in morning trade on Monday after the United Auto Workers (UAW) union warned of more walkouts unless a new labor deal is reached. UAW President…
(Reuters) - Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand and a price war started by dominant player Tesla. The…
