TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for…
Amazon shipping route for Brazilian soy disrupted by protests, poor roads
By Ana Mano SAO PAULO (Reuters) – Indigenous protests and poor roads have disrupted shipping of Brazil’s bumper soybean crop…
Spotify royalty payouts to Nigerian, South African artists boom in 2024
JOHANNESBURG (Reuters) – Audio streaming giant Spotify’s royalty payments to artists from Nigeria and South Africa – its two biggest…
Tech, bank stocks bear the brunt as China retaliates to Trump tariffs
(Reuters) – U.S. tech heavyweights, banks and oil majors extended losses on Friday after Beijing retaliated with additional duties of…
EU says a trade deal with Mercosur is a “massive opportunity” given U.S. tariffs
BRUSSELS (Reuters) – Striking a trade deal with Latin America’s Mercosur bloc would be a “massive opportunity” for the European…
AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million
By Krystal Hu SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said…
Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement
By Kalea Hall, David Shepardson DETROIT (Reuters) -Stellantis NV <STLAM.MI> said on Thursday it was temporarily laying off 900 workers…
Crypto execs ask Congress to let stablecoins pay interest as bill set to advance
By Hannah Lang (Reuters) – Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to…
Auto tariff to cost US consumers more than $30 billion in first year, report shows
(Reuters) – U.S. President Donald Trump’s 25% tariff on auto imports may cost American consumers more than $30 billion in…
AI video maker Runway raises $308 million in General Atlantic-led funding round
(Reuters) – AI video startup Runway said on Thursday it had raised $308 million in a new funding round, led…