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By Karin Strohecker and Walter Bianchi LONDON/BUENOS AIRES (Reuters) -Argentina’s markets rallied on Thursday as investors breathed a sigh of relief after the Senate passed a sprawling bill that is key to libertarian President Javier Milei’s economic reform plans and renewed a currency swap loan agreement with China. The Senate win was a major boost …

Argentina markets cheer ‘best day’ for Milei after Senate, China boosts Read More »

By Nora Eckert DETROIT (Reuters) – Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort to boost slower-than-expected sales. The pivot, which goes into effect July 1, unravels previous requirements that only let dealers sell EVs like the F-150 Lightning pickup …

Ford walks back EV dealer restrictions to boost sales Read More »

By Krystal Hu (Reuters) – Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence startups, the latest example of cloud providers trying to capture AI clients from nascent stages. The credits will provide early-stage generative AI startups free access to computing power, a variety of …

Amazon adds $230 million in cloud credits to AI startups Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a complaint by Austrian advocacy group NOYB on Thursday for allegedly tracking users of its Chrome Web browser, an issue already on EU antitrust regulators’ radar. The U.S. tech giant is phasing out the use of third-party cookies that advertisers use to track consumers …

Alphabet hit with Austrian privacy complaint over alleged browser tracking Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Thursday it fined Emirates $1.5 million for operating flights carrying JetBlue Airways’ designator code in prohibited airspace. The department said that between December 2021 and August 2022, Emirates operated a significant number of flights carrying the JetBlue Airways code between the United Arab Emirates …

US fines Emirates $1.5 million for operating in prohibited airspace Read More »

By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia’s agreement to sell its physical network could provide an additional boost for its business in Brazil. “Brazil is the group’s priority; the crown jewel,” he told Reuters on the outskirts …

Brazil’s TIM may benefit from Telecom Italia’s network sale Read More »

By Miguel Lo Bianco BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate in May was the lowest since 2022, official data showed on Thursday, cooling for the fifth straight month to 4.2% amid a tough austerity drive by libertarian President Javier Milei. The month-on-month rise in prices was Argentina’s smallest since the start of 2022, …

Argentina inflation falls in May for fifth straight month Read More »