By Stephen Nellis (Reuters) -Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia […]
Airline stocks set for best month in two years on summer rush, lower fuel prices
By Medha Singh (Reuters) – U.S. airline stocks on Friday were set to record their strongest monthly performance since 2021, […]
Fed paper: Financial conditions tightest since crisis over a decade ago
By Michael S. Derby (Reuters) – The financial sector is taking the biggest bite out of U.S. economic activity since […]
Fed trying to figure out if rates are high enough: Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said that he and colleagues will be parsing what […]
GM buys Israel-based software startup to detect early battery defects
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems […]
Cyanide maker Draslovka mulls equity raise to drive new mining technology
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars […]
Ferragamo’s CFO Alessandro Corsi resigns
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo said on Friday that its Chief Financial Officer Alessandro Corsi would resign […]