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Month: February 2025

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Factbox-Details of 110 billion euros in investment pledges at France’s AI summit

February 25, 2025February 25, 2025

PARIS (Reuters) – French President Emmanuel Macron on Monday announced investment pledges to bolster France’s artificial intelligence sector totalling 109 billion euros ($112 billion)over the

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Tesla’s market value tumbles below $1 trillion as its Europe sales slump
Business

Tesla’s market value tumbles below $1 trillion as its Europe sales slump

February 25, 2025February 25, 2025

By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the first time since November after

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US bank profits climb as regulator adjusts ‘problem bank’ tracking
Business

US bank profits climb as regulator adjusts ‘problem bank’ tracking

February 25, 2025February 25, 2025

By Pete Schroeder WASHINGTON (Reuters) – U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported

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Trump blocked from imposing sweeping federal funding freeze
Uncategorized

Trump blocked from imposing sweeping federal funding freeze

February 25, 2025February 25, 2025

(Reuters) – A U.S. judge on Tuesday extended an order blocking President Donald Trump’s administration from instituting a sweeping freeze on trillions of dollars in

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Meta must face lawsuit claiming it prefers cheaper foreign workers
Uncategorized

Meta must face lawsuit claiming it prefers cheaper foreign workers

February 25, 2025February 25, 2025

By Jonathan Stempel (Reuters) – A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers

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JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports
Business

JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports

February 24, 2025February 25, 2025

(Reuters) – JPMorgan Chase will continue its diversity efforts, its CEO Jamie Dimon said in an interview with CNBC on Monday, despite a broader corporate

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Putin holds meeting on rare earth metals, aims to significantly boost output
Uncategorized

Putin holds meeting on rare earth metals, aims to significantly boost output

February 24, 2025February 25, 2025

MOSCOW (Reuters) – Russian President Vladimir Putin held a meeting with officials on Monday to discuss rare earth metals production, which he described as a

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Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid
Business

Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid

February 24, 2025February 25, 2025

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its

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US lawmakers take aim at China’s trade practices
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US lawmakers take aim at China’s trade practices

February 24, 2025February 25, 2025

WASHINGTON (Reuters) – A bipartisan group of lawmakers on Monday are introducing legislation to toughen U.S. trade enforcement laws and address new concerns about China’s

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Trudeau, Trump discuss the war in Ukraine, fentanyl
Top News

Trudeau, Trump discuss the war in Ukraine, fentanyl

February 23, 2025February 25, 2025

WASHINGTON (Reuters) – Canadian Prime Minister Justin Trudeau and U.S President Donald Trump spoke on Saturday, discussing the war in Ukraine and efforts to combat

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