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A Chinese investor monitors share prices in front of dozens of umbrellas left to dry at a Shanghai securities firm August 9, 2001./File Photo

Foreigners add net $32.7 billion to EM portfolios in March -IIF

Rodrigo Campos |Updated 13 minutes ago |1 min read

By Rodrigo Campos NEW YORK (Reuters) - Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth consecutive month of overall foreign net flows to EMs, the Institute of International Finance said on Tuesday. The ...

U.S. Attorney General Merrick Garland speaks to reporters during a brief news conference at the Justice Department in Washington, U.S., May 4, 2023.

US charges, sanctions Iranians linked to Revolutionary Guard cyber command

Jonathan Stempel, Paul Grant |Updated 14 minutes ago |2 min read

By Paul Grant and Jonathan Stempel WASHINGTON/NEW YORK (Reuters) - The U.S. government on Tuesday announced criminal charges and sanctions against four Iranians over an alleged multi-year cyber campaign targeting more than one dozen American ...

A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018.

Tesla to lay off more than 3,000 employees in California, notices show

Reuters |Updated 24 minutes ago |1 min read

(Reuters) - Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices on Monday. (Reporting by Akash Sriram in Bengaluru and Hyunjoo Jin in San ...

The logo and ticker for L3Harris are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019.

Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

Utkarsh Shetti, Nathan Gomes and Mike Stone |Updated 24 minutes ago |2 min read

By Utkarsh Shetti, Nathan Gomes and Mike Stone (Reuters) - U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik said in an email to employees seen by Reuters ...

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024.

Italy's cabinet outlines framework, investment for Artificial Intelligence

Angelo Amante |Updated 30 minutes ago |2 min read

By Angelo Amante ROME (Reuters) - Italy's cabinet approved a bill on Tuesday aimed at laying down ground rules for the use of Artificial Intelligence (AI), earmarking investment in the sector and setting sanctions for AI-related crimes, ministers ...

People walk around the New York Stock Exchange in New York, U.S., December 29, 2023.

Column-Has Wall Street peaked too early this year?: McGeever

Jamie McGeever |Updated 43 minutes ago |4 min read

By Jamie McGeever ORLANDO, Florida (Reuters) - History suggests Wall Street's recent 5% mini-correction won't be its last this year, but stocks face potentially higher earnings and interest rate hurdles in the second half of the year if ...

Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023.

Interest in electric vehicles in Canada drops for second year: survey

National Post Staff · Postmedia News |Updated 50 minutes ago |3 min read Premium content

Interest in electric vehicles (EVs) in Canada is waning, despite manufacturers introducing new models and price segments. According to an annual survey from AutoTrader , Canadians are wary of the limited range of EVs, insufficient charging ...

SaltWire

Young Canadians think retiring at 65 is an outdated concept

Denise Paglinawan · Postmedia News |Updated 52 minutes ago |2 min read Premium content

Canadians’ views on retirement are shifting dramatically as the cost of living rises and longer life expectancies become the norm, with the idea of retiring at age 65 being one of the early casualties. Seventy-four per cent of Canadians between ...

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.

AI boom to fuel natural gas demand in coming years, report says

Reuters |Updated 54 minutes ago |2 min read

(Reuters) - A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on ...

Employees follows a speech at the booth of IBM at CeBIT computer fair in Hanover March 3, 2009.

IBM nearing a buyout deal for HashiCorp, WSJ reports

Reuters |Updated 2 minutes ago |1 min read

(Reuters) - International Business Machines is nearing a deal to buy cloud software provider HashiCorp, the Wall Street Journal reported on Tuesday. Shares of HashiCorp rose more than 7% following the news, while Big Blue's shares were ...

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