Reuters US Business

By Patturaja Murugaboopathy (Reuters) -Global ex-U.S. equity funds received their biggest inflows in more than four-and-a-half years in July, as investors redirected capital away from the United States on concerns over the economy, stretched stock values, and a weakening dollar. These funds began seeing inflows earlier this year as President Donald Trump’s economic policies hurt …

Global investors flock to ex-US markets for better growth, valuations Read More »

By Echo Wang and Anirban Sen NEW YORK (Reuters) -Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $37 per share. The offering raised $1.11 billion for Bullish based on 30 million shares sold and valued the company …

CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion Read More »

By Mark Bendeich LONDON (Reuters) -Manufacturers like U.S. lawnmower maker The Toro Company are not panicking at the prospect of U.S. President  Donald Trump’s global trade tariffs. Despite five years of dramatic supply disruptions, from the COVID pandemic to today’s trade wars, Toro is resisting any temptation to stack its warehouses to the rafters. “We …

Analysis-Just in time? Manufacturers turn to AI to weather tariff storm Read More »

(Reuters) -Amazon.com-backed Anthropic said on Tuesday it will offer its Claude AI model to the U.S. government for $1, joining a growing list of artificial intelligence startups proposing lucrative deals to win federal contracts. This comes days after OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude were added to the government’s list of approved AI vendors. …

Anthropic offers AI chatbot Claude to US government for $1 Read More »

By Akash Sriram (Reuters) -Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser’s billions of users pivotal to the AI search race. Run by Aravind Srinivas, Perplexity is no stranger to headline-grabbing offers: it made …

AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser Read More »