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AI infrastructure company Nebius to raise $3 billion

By Lucy Raitano LONDON (Reuters) -Nebius Group said on Wednesday it would raise $3 billion to fuel growth in its core artificial intelligence cloud business, on the heels of its $17.4-billion deal with Microsoft. The financing includes a $2 billion private offering of convertible senior notes and ...
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Amazon’s Zoox robotaxi opens to public with free service in Las Vegas

By Abhirup Roy and Akash Sriram (Reuters) -Amazon.com-owned Zoox on Wednesday began offering robotaxi rides to the public for free on and around the Las Vegas Strip as it waits for state approval to collect fares and compete with Alphabet’s Waymo and Tesla. Waymo has a ...
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Joby to bring helicopter and seaplane rides to Uber app as soon as 2026

(Reuters) -Air-taxi maker Joby Aviation said on Wednesday that it planned to bring Blade’s helicopter and seaplane services to the Uber app as soon as next year. Joby acquired Blade Air Mobility’s passenger business in August for up to $125 million, and plans to use ...
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Wall Street regulator says it has concerns over European ESG rules

WASHINGTON (Reuters) -Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump took office. In an address to an event held in Paris ...
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Sri Lanka’s Parliament withdraws perks for former presidents

COLOMBO, Sri Lanka (AP) — Sri Lanka’s lawmakers voted overwhelmingly to abolish perks and facilities provided to former presidents in response to a popular demand during recent public protests. The vote passed 151-1 while other members were absent. The measure strips state funding for ...
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These four electric SUVs provide hot-rod thrills without the need for gas

SUVs are undoubtedly practical, but they can often be a bore. What if you also want sporty performance from your family-hauler? Surprisingly, your best bet might just be an electric SUV. Thanks in part to the inherent advantages of EV powertrain design, hair-raising acceleration ...
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Turkey’s BOTAS signs 1.2 bcm LNG deal with Cheniere, minister says

ISTANBUL (Reuters) -Turkish state energy company BOTAS signed a 1.2-billion-cubic-metre liquefied natural gas (LNG) purchase agreement with Cheniere, Turkish Energy Minister Alparslan Bayraktar said on Wednesday. In a post on social media, Bayraktar said that this collaboration will increase portfolio diversity of Turkey’s LNG strategy ...
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Morning Bid: Bad news bulls

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets, Reuters Open Interest  Global equities rose early on Wednesday as bets for a Federal Reserve rate cut next week solidified ...
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Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPO

(Reuters) -Swedish fintech Klarna will begin trading on the New York Stock Exchange later on Wednesday after raising $1.37 billion in its initial public offering, ending a years-long wait for a listing and reinforcing a rebound in the U.S. IPO market. The buy-now, ...
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PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia

(Reuters) -Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up development of its quantum computers. The Series E funding round was led ...
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Magnum CEO dismisses B&J’s sale talk, eyes ice cream market share as listing nears

LONDON (Reuters) -Magnum CEO Peter ter Kulve dismissed any talk of selling Ben & Jerry’s on Wednesday after its co-founders called for the brand to be spun off, adding that the company was focused on reclaiming market share and volume growth as its November ...
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Zambia court orders Standard Chartered to pay costs not compensation over China property bond sale

By Marc Jones and Chris Mfula LONDON/LUSAKA (Reuters) -Zambia’s high court has ruled that Standard Chartered does not have to pay $500,000 compensation to a former client it sold a now-defaulted Chinese property bond to at the height of the Asian country’s real-estate crisis. The court ...
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