Tag: reuters
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Pressured by Tesla, European regulators keep ‘Full Self-Driving’ safety data secret
Aug 6 : Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU.But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or how it evaluated the technology, which for years
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Oil gains as investors cautious over Iran-Oman talk progress
Aug 6 : Oil prices rose on Thursday as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden renewed supply tensions.Brent crude futures gained 48 cents, or 0.60 per
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Japan’s Mitsubishi Electric to start industrial build-up for GCAP fighter
TOKYO, Aug 6 : Mitsubishi Electric plans to build three facilities to produce electronic systems for the advanced fighter being developed by Japan, Britain and Italy, and expects the project to contribute to profits by the end of the decade, its chief financial officer said.The Japanese company is a key part
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Thomson Reuters lifts full-year revenue forecast with focus on AI rollout
Aug 5 : Thomson Reuters lifted its full-year organic revenue forecast on Wednesday, with CEO Steve Hasker saying that the Toronto-based content and technology company’s focus was on investing and developing AI across its portfolio.The company said last week that early results showed Thomson, a proprietary lar
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Women spearheading resistance to Infantino as FIFA faces governance crisis
MANCHESTER, England, Aug 5 : As FIFA President Gianni Infantino battles the biggest challenge of his decade in power, two of the most prominent voices in the revolt against him have been women.Wales’ Laura McAllister and Norway’s Lise Klaveness, the only women on UEFA’s executive committee, have emerged as ou
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Thomson Reuters reports higher second-quarter revenue, raises full-year forecast
Aug 5 : Thomson Reuters reported a 9 per cent rise in second-quarter revenue on Wednesday, boosted by its three biggest business segments, legal, corporates and tax and accounting, and lifted its full-year organic revenue forecast to around 8 per cent.Thomson Reuters said its second-quarter revenue rose to $1
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US dollar to retain strength, yen intervention no game changer: Reuters poll
BENGALURU, Aug 5 : The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in the early 1990s. Fuelled by interventions from Tokyo and coordin
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Thomson Reuters reports higher second-quarter revenue
Aug 5 : Thomson Reuters reported a 9 per cent rise in second-quarter revenue on Wednesday, boosted by its big three legal, corporates and tax and accounting businesses. Thomson Reuters said its second-quarter revenue rose to $1.95 billion, edging past estimates of about $1.9 billion. It said earnings per sha
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AI data-centre race builds $1 trillion lease burden for Big Tech
Aug 4 : Microsoft Corp, Meta Platforms Inc, Oracle Corp, Amazon and Alphabet have committed about $1.09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom.The commitments show that a substantial part of Big Tech’s AI spend
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UK regulator says it is monitoring developments after rogue AI agent hacks
LONDON, Aug 3 : Britain’s data watchdog said on Monday that it was monitoring “developments closely” relating to OpenAI and Anthropic after recent hacking incidents involving their AI models.The industry is facing scrutiny in the United States, where the Trump administration has finalised the details of volun
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