Reuters UK Business

By Jeffrey Dastin and Deepa Seetharaman (Reuters) -Anthropic unveiled the Claude 4.5 AI model on Monday, saying the newest version can code for longer uninterrupted stretches and handle finance and scientific tasks better, as the startup pushes deeper into enterprise AI. The Alphabet and Amazon.com-backed AI startup is racing rivals to build models that can …

Anthropic launches Claude 4.5, touts better abilities, targets business customers Read More »

By Emilio Parodi MILAN (Reuters) -Ferrari and Stellantis chair John Elkann faces a new legal battle with his mother after her lawyers on Monday presented what they said was a previously undisclosed handwritten amendment to the will of her father, the late Gianni Agnelli. The note, produced during a court hearing in Turin, could raise …

Ferrari chair faces new legal battle with mother over Agnelli inheritance Read More »

By Patturaja Murugaboopathy (Reuters) -Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor appetite for hybrid debt, with tech and growth firms raising funds to avoid high borrowing costs. According to Dealogic data, companies have raised a total of $81.2 billion in convertible bonds so far …

Convertible bond deals surge to five-year high as firms hunt cheaper capital Read More »

WINDHOEK (Reuters) -German power utility RWE said on Monday that it had withdrawn from Namibia’s $10 billion Hyphen green ammonia project, a blow to the southern African nation’s ambitions to become a major hydrogen hub. The pullback is the latest example of companies reconsidering investments in a nascent technology that is expensive to develop. RWE …

RWE withdraws from $10 billion Namibia green hydrogen project Read More »

PARIS (Reuters) -Silvia Venturini Fendi is stepping down from LVMH label Fendi and becoming honorary president of the fashion house, the French luxury group said on Monday. The group said that new creative direction for the label will be announced “in due time.” The departure from the creative direction role of a representative of the …

Silvia Venturini Fendi to step down from creative direction of LVMH label Fendi Read More »