California’s only nuclear plant to use AI to help comply with new licensing challenges
By Stephen Nellis (Reuters) – California’s only remaining nuclear power plant plans to use artificial intelligence tools to help it...
Visa says EU regulator probing fees charged to retailers
(Reuters) -Payments giant Visa (NYSE:V) said on Wednesday the European Commission (EC) had opened a preliminary investigation into fees charged...
Banks flood US debt market in biggest single-day raise since 2016, BMO says
By Matt Tracy (Reuters) – Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by...
Brazil’s central bank warns of prolonged rate-hike cycle amid rising inflation concerns
Brazil’s central bank has issued a stark warning regarding the possibility of a prolonged cycle of interest rate hikes, emphasizing...
UBS cuts forecast for China stocks amid potential US tariffs and weak stimulus
UBS Global Wealth Management, the world’s largest wealth manager with US$6.2 trillion in assets under management, has cut its forecast...
Trump picks John Ratcliffe to be CIA director
(Reuters) -U.S. President-elect Donald Trump said on Tuesday he had picked former Director of National Intelligence John Ratcliffe to serve...
Instacart forecasts weak fourth-quarter on tepid consumer spend
By Juveria Tabassum (Reuters) -Instacart on Tuesday forecast current-quarter gross transaction value (GTV) and core profit below estimates, in signs...
Startup led by ex-Walmart executive nears deal to buy Grubhub, WSJ reports
(Reuters) -Wonder, a food-delivery startup led by former Walmart (NYSE:WMT) executive Marc Lore, is in advanced talks to buy Grubhub...
Insurance magnate pleads guilty to $2 billion fraud and money laundering scheme
(Reuters) – The U.S. Justice Department said on Tuesday that insurance magnate Greg Lindberg had pleaded guilty to a $2...
China eyes $1 trillion trade surplus milestone; US and EU eye stricter tariffs
China is on track to achieve a historic milestone, with its trade surplus projected to reach an unprecedented $1 trillion...
