By Abhirup Roy and Akash Sriram (Reuters) -Amazon.com-owned Zoox on Wednesday began offering robotaxi rides to the public for free on and around the Las Vegas Strip as it waits for state approval to collect fares and compete with Alphabet’s Waymo and Tesla. Waymo has a robotaxi service ferrying paying passengers in many U.S. cities, …
Amazon’s Zoox robotaxi opens to public with free service in Las Vegas Read More »
ISTANBUL (Reuters) – Turkey has agreed liquefied natural gas (LNG) supply deals with international energy companies, securing around 15 billion cubic metres (bcm) of gas for the 2026–2028 period, Energy Minister Alparslan Bayraktar said on Wednesday. The deals were announced over two days during the Gastech 2025 conference in Milan, where Turkey’s state energy company …
Turkey secures 15 billion cubic metres of LNG for to diversify gas supply Read More »
By Akash Sriram (Reuters) -Ride-hailing app Lyft and autonomous vehicle startup May Mobility will launch a pilot robotaxi service in Atlanta starting from Wednesday, the companies said, marking the partnership’s first public deployment. Customers using the standard Lyft app will be able to hail Toyota Sienna minivans retrofitted by May Mobility on routes in and …
Lyft, May Mobility roll out robotaxi service in Atlanta Read More »
By Sarupya Ganguly BENGALURU (Reuters) -The U.S. Treasury yield curve will steepen over coming months as increasing Federal Reserve rate cut bets drive short-term yields lower even as longer-dated ones remain high, a Reuters survey of bond strategists showed. Treasury yields have broadly fallen recently with the benchmark 10-year yield hitting a five-month low after …
US Treasury curve to steepen on Fed easing bets, fiscal strain: Reuters poll Read More »
(Reuters) – Pattern is seeking a valuation of up to $2.64 billion in its initial public offering in the United States, the e-commerce firm said on Wednesday, in a further sign of resurgent new listings market. After an April slowdown tied to tariff jitters, improved trade prospects and strong investor demand for IPOs restored confidence …
E-commerce firm Pattern eyes up to $2.6 billion valuation in US IPO Read More »
(Reuters) -The interest rate on the most popular U.S. home loan dropped by the most in six months last week after a weak employment report drove benchmark Treasury bond yields down in anticipation of a Federal Reserve rate cut at its meeting next week. The Mortgage Bankers Association on Wednesday said the contract rate on …
US 30-year mortgage rate slides to 11-month low, MBA data shows Read More »
(Reuters) -Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up development of its quantum computers. The Series E funding round was led by investment firms BlackRock, Temasek and Baillie Gifford and saw …
PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia Read More »
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets, Reuters Open Interest Global equities rose early on Wednesday as bets for a Federal Reserve rate cut next week solidified following more bad news on the U.S. jobs front. Traders’ attention will …
By Laura Matthews NEW YORK (Reuters) -For investors with portfolios of individual company stocks, Wall Street’s record-breaking rise is boosting the attractiveness of an options strategy that helps them hedge single stock risks while earning some income as they diversify their portfolios. While the use of covered calls is not new, portfolio managers said they …
Wall Street’s record rise spurs growth of covered call strategies Read More »
By Bo Erickson and Ann Saphir WASHINGTON (Reuters) – Stephen Miran, President Donald Trump’s chief economic advisor, looks set to clear a key hurdle in the U.S. Senate on Wednesday as Republicans rush through his nomination to be the Federal Reserve’s newest governor, but lawmakers said getting him in place in time to vote on …
Miran may not be at Fed’s rate-setting table next week, lawmakers say Read More »
