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SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

  (Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest fundi..

Big banks add October cut to ECB forecasts

Big banks add October cut to ECB forecasts

  LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a qua..

Thailand’s Central Group takes over Swiss department stores Globus

Thailand’s Central Group takes over Swiss department stores Globus

  BERLIN (Reuters) – Thai retail and property conglomerate Central Group said on Monday it will take over the operational b..

Labour’s move to tax private education leaves Britain divided

Labour’s move to tax private education leaves Britain divided

  By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced b..

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..

UK house prices rise 0.7% in September, Nationwide says

UK house prices rise 0.7% in September, Nationwide says

  LONDON (Reuters) -British house prices rose by a higher-than-expected 0.7% in September from August, with the annual growth rat..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..

UK business confidence falls from eight-year high, Lloyds says

UK business confidence falls from eight-year high, Lloyds says

  By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year h..

Spotify back up after outage hits over 40,000 users

Spotify back up after outage hits over 40,000 users

  (Reuters) -Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its pea..

Dollar drops after inflation data, Yen rebounds on Ishiba win

Dollar drops after inflation data, Yen rebounds on Ishiba win

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures con..