PARIS (Reuters) -U.S. President Donald Trump will deliver virtual remarks at 10:40 a.m. (1440 GMT) at a cryptocurrency industry conference, the White House said on Thursday. (Reporting by Ismail Shakil; Writing by Makini Brice)
(Reuters) -Meta Platforms will ask advertisers to disclose the use of AI or other digital techniques to create or alter a political or social issue ad, the Facebook-owner said on Thursday, aiming to curb misinformation ahead of the Canadian federal elections. The disclosure mandate will apply if an ad contains a photorealistic image, video or …
Meta to seek disclosure on political ads that use AI ahead of Canada elections Read More »
By Aishwarya Jain (Reuters) – Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs’ firm QXO, weeks after it rejected a marginally lower bid from the company and raised its defenses to prevent a hostile takeover. The deal caps a months-long takeover saga and gives QXO, a new entrant …
Beacon Roofing agrees to $11 billion QXO buyout, ending takeover battle Read More »
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly increased in February as rising supply pulled buyers back into the market, but rising economic uncertainty could limit further gains. Home sales rose 4.2% last month to a seasonally adjusted annual rate of 4.26 million units, the National Association of Realtors said on Thursday. Economists polled by …
US existing home sales unexpectedly rise in February Read More »
(Reuters) -Retail giants Amazon and Walmart-owned Flipkart violated Indian quality control rules by stocking products that did not have the required standards certificate, India’s top government-run product certification agency said on Thursday. Raids on warehouses operated by both firms, conducted on Wednesday by the Bureau of Indian Standards in the Tiruvallur district of the southern …
By Prakhar Srivastava (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures trading platform NinjaTrader for $1.5 billion, in a deal that would allow it to expand into multiple asset classes and grow its user base. The acquisition comes at a time the crypto industry is optimistic …
Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5 billion Read More »
By Manya Saini and Niket Nishant (Reuters) -CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia-backed startup bets on strong demand for generative artificial intelligence. The listing is seen as crucial to the revival of a largely moribund U.S. IPO …
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs Read More »
By Virginia Furness LONDON (Reuters) – Amazon has begun selling carbon credits to its suppliers, business customers and other companies, the U.S. retail giant said, which can be used to offset their climate-damaging carbon emissions. The launch comes amid a major debate between companies, project developers and scientists about the extent to which carbon credits …
Amazon to sell carbon credits to suppliers, customers Read More »
By Amy Lv and Lewis Jackson BEIJING (Reuters) -China’s giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S. President Donald Trump’s new tariffs. Trump announced plans earlier this month to impose 25% tariffs on all steel and aluminium imports into the United States, …
Factbox-Trump’s new tariffs stir wave of trade frictions against Chinese steel Read More »
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets U.S. stocks took heart from the Federal Reserve’s benign actions this week, taking solace in Chair Jerome Powell’s relatively sanguine view of the potential inflationary effects of rising trade tariffs and announcements of a sharp slowdown in the …
