(Reuters) – Meta Platforms plans to release the latest version of its large language model later this month, after delaying it at least twice, the Information reported on Friday, as the Facebook owner scrambles to lead in the AI race. Meta, however, could push back the release of Llama 4 again, the report said, citing …
Meta nears release of new AI model Llama 4 this month, the Information reports Read More »
By Johan Ahlander STOCKHOLM (Reuters) – Swedish defence firm SAAB is confident that a deal to provide Colombia with new combat aircraft will go through and could lead to more business in South America for the company. Colombian President Gustavo Petro said on X on Thursday that the South American country had selected SAAB’s JAS …
By Emma Rumney, Elisa Anzolin, Sybille de La Hamaide LONDON/MILAN/PARIS (Reuters) -U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald Trump’s reciprocal tariffs, drinks industry bodies and analysts said …
Trump’s tariffs set to drive up bar bills and wipe out spirits jobs Read More »
By Abhirup Roy and Akash Sriram (Reuters) -CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him. Relentless protests in many countries against the billionaire’s involvement in U.S. President Donald Trump’s administration and far-right politics in Europe …
Tesla investors brace for another year of sales decline as Musk backlash grows Read More »
(Reuters) – Britain’s competition regulator said on Friday remedies offered by Safran, including sale of parts of its business, could resolve competition concerns relating to its acquisition of a part of aerospace business Collins. Safran has offered to substantially sell all of its business in the design and production of Trimmable Horizontal Stabilizer Actuator systems, …
UK antitrust regulator says Safran’s remedies may resolve concerns on Collins deal Read More »
By Kate Abnett BRUSSELS (Reuters) -European Union countries negotiating changes to the EU’s gas storage targets could approve them in time to ease them before the upcoming winter, EU diplomats told Reuters. The gas storage rules were introduced in 2022 after Russia slashed deliveries following its invasion of Ukraine, to ensure EU countries had a …
EU countries could loosen gas storage targets in time for winter Read More »
By Gianluca Semeraro, Giuseppe Fonte and Valentina Za MILAN (Reuters) -Italian insurer Generali will not put up a fight to defend a planned asset management tie-up, if Rome’s opposition stiffens once a government review of the deal starts, CEO Philippe Donnet said in a newspaper interview. Donnet’s comments came as an April 24 shareholder vote …
Generali won’t fight government over Natixis deal, CEO tells paper Read More »
MILAN (Reuters) – Italy has introduced an incentive scheme from the start of this month to ensure companies inject gas into storage after its sites ended the winter season just 42% full, gas grid operator Snam said. The European Commission has set a target for Europe’s gas stores to be 90% full by November 1 …
Italy to pay gas incentive to meet 90% storage target Read More »
By William Schomberg BROADSTAIRS, England (Reuters) – Pub owner Philip Thorley sees only one direction for his prices once a tax hike for British employers kicks in next week: up. That may be bad news for the Bank of England, which plans to lower interest rates to help the sluggish economy. Thorley, who owns 18 …
Analysis-As tax hit looms, UK employers prepare to push up prices Read More »
By Kalea Hall DETROIT (Reuters) – London-based INEOS Automotive is increasing prices on its premium vehicles as a result of the new 25% tariff on auto imports, the company said Friday. While the smaller automaker said it’s “doing all it can” to prevent prices on its France-built vehicles from increasing, it will be raising prices …
Automaker INEOS adjusts pricing as a result of tariffs Read More »
