By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Tuesday, extending the previous day’s rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firmer dollar. Brent crude futures climbed 28 cents, or 0.3%, to $81.91 per barrel by 0038 GMT…
ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could be completed as early as July 1, a senior executive at UBS was quoted as saying on Tuesday. UBS, which acquired its former rival Credit Suisse last year after the bank’s collapse, had previously indicated the two units would be…
By David Morgan WASHINGTON (Reuters) – Republican Sam Brown will try to walk away with his party’s nomination for the U.S. Senate on Tuesday in Nevada, one of four states where voters will make their party picks for the November general election. Brown, a former U.S. Army captain backed by Senate Republicans, including Senate Minority…
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) – Apple’s developer conference on Monday was about more than infusing its software with the latest artificial intelligence technology, including from ChatGPT. It was also about selling more iPhones. Facing choppy consumer spending and resurgent tech rivals, Apple has looked to AI as a way to…
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index. The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company’s outstanding shares without changing the stock’s valuation….
By Nidal al-Mughrabi CAIRO (Reuters) – A senior Hamas official urged the United States on Monday to pressure Israel to end the war in Gaza, ahead of the planned visit on Monday by U.S. Secretary of State Antony Blinken to the region to push forward ceasefire efforts. Blinken is set to visit Egypt and Israel…
(Reuters) – Southwest Airlines’ shares rose about 7% in premarket trade on Monday after the Wall Street Journal reported that activist investor Elliott Investment Management had built a nearly $2 billion stake in the U.S. carrier. According to the Journal’s report on Sunday, Elliott is one of Southwest’s largest investors and plans to push for…
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index. The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company’s outstanding shares without changing the stock’s valuation….
(Reuters) -Elon Musk said on Monday he would ban Apple devices at his companies if the iPhone maker integrates OpenAI at the OS level. “That is an unacceptable security violation,” the Tesla CEO said on a post on X. “And visitors will have to check their Apple devices at the door, where they will be…
(Reuters) – Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday. “No Model Y ‘refresh’ is coming out this year”, Musk said, adding that Tesla continuously improves its cars, “so even a car that is 6 months newer will be…
