News Technology

OpenAI rumoured to be developing web search product to rival Google

OpenAI seemingly wants to take Google head on with an AI search contender it’s been working on, although details remain scant. Rumours are swirling that ChatGPT creator OpenAI is developing.

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News Technology

Musk says SpaceX has moved its incorporation to Texas from Delaware

SpaceX has moved its state of incorporation from Delaware to Texas! Says Elon Musk on X. Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO.

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News Technology

Microsoft says US rivals are beginning to use generative AI in offensive cyber operations

The techniques were “early-stage” and neither “particularly novel or unique” but that it was important to expose them publicly as U.S. rivals leverage large-language models to expand their ability to.

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Economy News

January merchandise trade deficit at $17.49 billion

Economists had expected the country’s January trade deficit to be $20 billion, according to a Reuters poll. India’s merchandise trade deficit in January stood at $17.49 billion, according to a.

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Economy News

Economists see India’s core inflation below 4% in near term

Continued pass-through of RBI policy actions aid decline, say economists. The core consumer price index (CPI) inflation is likely to stay below the 4% mark in near term due to.

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Economy News

UK economy fell into recession in second half of 2023

A Reuters poll of economists had pointed to a smaller 0.1% fall of gross domestic product (GDP) in the October-to-December period. Britain’s economy entered a recession in the second half of.

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News Stock Market

India bond yield edge lower as US peers fall after Fed comments

The U.S. yields eased on Wednesday after Chicago Fed President Austan Goolsbee said the central bank’s path back to its 2% inflation target rate would still be on track even.

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News Stock Market

Cash haul drives Renault, Stellantis shares higher

By Gilles Guillaume and Giulio Piovaccari PARIS/MILAN (Reuters) -Shares in Renault (EPA:RENA) hit seven-month highs and rival Stellantis (NYSE:STLA) shot to record peaks on Thursday after the carmakers pledged to reward investors.

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News Stock Market

Renault shares rally as investors cheer dividend jump

By Amanda Cooper LONDON (Reuters) – Shares in Renault (EPA:RENA) hit two-month highs on Thursday after the French carmaker posted full-year 2023 net profit slightly below forecasts but reported margin and revenue.

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Commodities News

Crude oil slips after large US crude stock build

Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude futures declined 36 cents, or 0.5%, to $76.28 a.

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