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Maserati aims at driving margins higher before any spin-off talk

Maserati aims at driving margins higher before any spin-off talk

By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..

Dollar pauses for breath as Fed swings into focus

Dollar pauses for breath as Fed swings into focus

By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..

SSE to invest $122 million in Scottish pumped hydro project

SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..

EU’s EIB to override Turkey lending ban with earthquake aid

EU’s EIB to override Turkey lending ban with earthquake aid

By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its n..

U.S. oil exports to Europe hit record in March on steep discounts

U.S. oil exports to Europe hit record in March on steep discounts

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..

Scratched EV battery? Your insurer may have to junk the whole car

Scratched EV battery? Your insurer may have to junk the whole car

By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..

Bank shares rise after Credit Suisse rescue eases crisis

Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..

Sterling rises as receding bank sector worries lift sentiment

Sterling rises as receding bank sector worries lift sentiment

LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series of lifelines for struggling banks helped restore s..

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

By Paul Sandle LONDON (Reuters) -Britain’s telecoms regulator needs more time to consider BT’s wholesale pricing, it said ..

What is Generative AI, the technology behind OpenAI’s ChatGPT?

What is Generative AI, the technology behind OpenAI’s ChatGPT?

(Reuters) – Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking ..