(Reuters) – Comcast unveiled a five-year price lock for its Xfinity Internet service on Tuesday, aiming to stem subscriber losses and bolster its broadband business as competition in the sector intensifies. WHY IT’S IMPORTANT Comcast has been losing broadband subscribers to wireless giants such as AT&T, T-Mobile and Verizon, which offer plans, bundling internet with…
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Apple’s main India suppliers Foxconn and Tata shipped nearly $2 billion worth of iPhones to the United States in March, an all-time high, as the U.S. company airlifted devices to bypass President Donald Trump’s impending tariffs, customs data shows. The smartphone maker stepped up production in India…
(Reuters) – Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union. The Facebook parent’s move comes after Meta launched its AI technology in Europe last month,…
By Rishika Sadam HYDERABAD (Reuters) -The India launch of Eli Lilly’s popular weight-loss drug Mounjaro has triggered a huge wave of patient enquiries about its availability, with some Indian doctors fielding hundreds of calls about the medicine, according to a Reuters survey. The survey of 18 doctors, patients and weight-loss clinic operators follows the U.S….
(Reuters) – JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand. The bank cut its 2025 Brent price forecast to $66 per barrel from $73 and its 2026 target to $58 from $61. It lowered the 2025 WTI price outlook to $62…
(Reuters) – OpenAI on Monday launched its new AI model GPT-4.1, along with smaller versions GPT-4.1 mini and GPT-4.1 nano, touting major improvements in coding, instruction following, and long context comprehension. The new models, available only on OpenAI’s application programming interface (API), outperform the company’s most advanced GPT-4o model across the board, the ChatGPT maker…
By James Pomfret and Jessie Pang HONG KONG (Reuters) -Hong Kong’s last remaining major opposition party took a key step towards disbanding itself on Sunday after a special meeting approved arrangements to do so in the face of pressure from China, amid a national security crackdown. Five senior members of the Democratic Party had earlier…
WASHINGTON (Reuters) – U.S. officials gained the release on Sunday of an American detained in Tunisia, Robert Vieira, U.S. special envoy Adam Boehler said. Vieira was detained 13 months ago while doing missionary work in Tunisia and was suspected by Tunisian authorities of espionage, Boehler told Reuters. He said Vieira was flying home to the…
LONDON (Reuters) – Britain said on Sunday it will expand financing support for exporters by 20 billion pounds ($26 billion), including those affected by U.S. tariffs, in an effort to give them stability and certainty in what it described as a new era of global trade. The tariffs, introduced by U.S. President Donald Trump, have…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – President Donald Trump’s administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president’s trade war are already apparent. European Union trade chief Maros Sefcovic will on Monday be among the first foreign trade officials to come to Washington…
