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California drops lawsuit seeking to reinstate federal funding for the state’s bullet train
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Tuesday, August 5
by
SRN News
A $2.5 billion pledge makes women’s health a priority in Gates Foundation spend-down
Innovations on the horizon in women’s health show what’s possible with more investment. With the help of ultrasound equipment powered by artificial intelligence, frontline health care workers may be able to track the progress of developing embryos with a minimum of training. And birth ...
Tuesday, August 5
by
SRN News
BP’s big Brazil oil and gas find boosts prospects for Equinor, auction
By Marta Nogueira and Fabio Teixeira RIO DE JANEIRO (Reuters) -BP’s announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil’s offshore Santos basin bodes well for Equinor’s nearby interests and strong appetite for an October auction of oil ...
Tuesday, August 5
by
SRN News
BP’s big Brazil oil and gas find boosts prospects for Equinor, auction
By Marta Nogueira and Fabio Teixeira RIO DE JANEIRO (Reuters) -BP’s announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil’s offshore Santos basin bodes well for Equinor’s nearby interests and strong appetite for an October auction of oil ...
Tuesday, August 5
by
SRN News
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
By Arasu Kannagi Basil and Ateev Bhandari (Reuters) -Modular building startup Boxabl will go public in the U.S. through a $3.5 billion merger with special purpose acquisition company FG Merger II, the companies said on Tuesday. Modular housing is widely recognized for its potential to deliver ...
Tuesday, August 5
by
SRN News
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
By Arasu Kannagi Basil and Ateev Bhandari (Reuters) -Modular building startup Boxabl will go public in the U.S. through a $3.5 billion merger with special purpose acquisition company FG Merger II, the companies said on Tuesday. Modular housing is widely recognized for its potential to deliver ...
Tuesday, August 5
by
SRN News
Orange to use OpenAI’s latest models to work with African languages
By Supantha Mukherjee STOCKHOLM (Reuters) -French mobile operator Orange said on Tuesday it plans to use OpenAI’s latest AI models with African languages. The benefits of AI models have largely bypassed African languages, numbering over 2,000, due to challenges such as lack of data and limited ...
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Tuesday, August 5
by
SRN News
OpenAI releases open-weight reasoning models optimized for running on laptops
By Anna Tong SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models that excel in advanced reasoning and are optimized to run on laptops with performance levels similar to its smaller proprietary reasoning models. An open-weight language model’s trained parameters or ...
Tuesday, August 5
by
SRN News
High-grade US firms finance new M&A with more equity and cash, less debt
By Matt Tracy (Reuters) -Top-rated U.S. companies have financed their acquisitions mostly with equity and cash instead of debt this year, and could continue doing so even as M&A activity and hopes of interest rate cuts rise, bankers and investors said. High debt costs and worries ...
Tuesday, August 5
by
SRN News
Mexico reveals plans to address Pemex debt, boost investment
MEXICO CITY (Reuters) -Mexico’s government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial self-sufficiency, and the establishment of a new investment vehicle and efforts to stabilize oil production. President Claudia Sheinbaum told a press conference that ...
Tuesday, August 5
by
SRN News
Apollo tops profit estimates on strong fee-related earnings, inflows
By Isla Binnie and Niket Nishant (Reuters) -Apollo Global Management beat second-quarter profit expectations on Tuesday, helped by record fee-related earnings and fresh cash inflow from investors during a turbulent period marked by President Donald Trump’s tariff salvos. Shares of the investment giant rose nearly ...
Tuesday, August 5
by
SRN News
US government proposes easing some restrictions on drones traveling long distances
A new federal rule proposed Tuesday would make it easier for companies to use drones over longer distances out of the operator’s sight without having to go through a cumbersome waiver process. The federal government had already approved 657 waivers to allow companies such ...
Tuesday, August 5
by
SRN News
Analysis-Brazil’s economy ready to ride out Trump’s 50% tariff
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) -Brazilian goods imported by the United States will soon carry one of the highest tariffs imposed by President Donald Trump, but that will not likely derail Latin America’s largest economy, due to ample exemptions and stronger trade ...
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