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Reddit evaluating Nokia's patent infringement blame
Xpeng forecast quarterly revenue below estimates
(Reuters) - Chinese electric-vehicle maker Xpeng forecast first-quarter revenue below market expectations on Tuesday as a sluggish economy and stiff competition weighed on vehicle demand. The company expects first quarter revenue between 5.8 ...
B3, S&P Dow Jones Indices launch Brazil's first volatility index
SAO PAULO (Reuters) - Brazilian exchange operator B3 and S&P Dow Jones Indices on Tuesday launched the first volatility index of Brazil's domestic market, to be calculated based on the methodology of the CBOE Volatility Index, known as Wall ...
US DOJ to target pre-IPO artificial intelligence frauds, top attorney says
By Chris Prentice NEW YORK (Reuters) - The U.S. Justice Department's top prosecutor in San Francisco is targeting artificial intelligence (AI) and other tech start-ups that defraud investors before they go public, he told Reuters. Ismail ...
Central banks use AI to assess climate-related risks
By Huw Jones LONDON (Reuters) - Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other ...
French Finance Minister says Airbus in better shape than Boeing at present
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Tuesday that European planemaker Airbus was in a better position than its U.S rival Boeing, which has been hit by technical glitches. "I prefer the situation of Airbus to that of ...
Indonesian tech firm GoTo reports 2023 net revenues of $941.44 million, filing shows
JAKARTA (Reuters) - Indonesia's tech firm PT GoTo Gojek Tokopedia on Tuesday reported full-year net revenues of 14.79 trillion rupiah ($941.44 million) in 2023, according to a stock exchange disclosure. ($1 = 15,710.0000 rupiah) (Reporting by ...
Meta offers to cut Facebook, Instagram monthly fees to 5.99 euros
BRUSSELS (Reuters) - Meta Platforms has offered to cut a monthly subscription fee for Facebook and Instagram to 5.99 euros from 9.99 euros following discussions with regulators, a senior Meta executive said on Tuesday. "We have wanted to ...
Audi sticking to EV strategy despite headwinds, says CEO
INGOLSTADT (Reuters) - Audi Chief Executive Gernot Doellner said on Tuesday that the Volkswagen subsidiary was sticking to its electric vehicle strategy despite facing strong headwinds this year. Audi remains committed to bringing the last ...
Bentley looks to launches after 'emotional sensitivity' slowed car sales
By Nick Carey LONDON (Reuters) - British luxury carmaker Bentley on Tuesday reported a lower operating profit for 2023 after a weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches ...
Futures tread water ahead of Fed meet
(Reuters) - U.S. stock index futures were little changed on Tuesday as investors remained cautious ahead of the start of the Federal Reserve's meeting. Dow e-minis were down 5 points, or 0.01%, at 05:02 a.m. ET. S&P 500 e-minis were down 1.25 ...