(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman’s shocking ouster last year. OpenAI’s board members in an article published in the Economist said the review into the events found the previous board’s decision did not arise out…
By Emily Chow PERTH, Australia (Reuters) – Shell expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade. Asian spot LNG prices rose last week…
(Reuters) – The United States “will do what is necessary” to see that the Philippines is able to resupply a ship on the Second Thomas Shoal that Manila uses to reinforce its claims to the atoll, White House national security adviser Jake Sullivan said on Friday. Sullivan said the U.S. would prefer that the Philippines…
STUTTGART (Reuters) – Mercedes-Benz inaugurated a development and production centre for battery cells on Monday at its headquarters in Germany, in a move to take greater control of the chemical composition and industrial manufacturing of its batteries. The location, dubbed “Mercedes-Benz eCampus”, will make tens of thousands of battery cells a year in a 10,000…
By Josh Smith and Ju-min Park SEOUL (Reuters) -Russian President Vladimir Putin signed a deal with North Korea’s Kim Jong Un on Wednesday that included a mutual defence pledge, one of Russia’s most significant moves in Asia for years that Kim said amounted to an “alliance”. Putin’s pledge overhauls Russia’s entire post-Soviet policy on North…
(Reuters) – American Airlines on Tuesday cut its second-quarter profit forecast, sending the shares of the carrier down about 4% in aftermarket trading. The company now expects second-quarter adjusted earnings per diluted share to be between $1.00 and $1.15, down from its previous expectations of between $1.15 and $1.45 per share. It now expects total…
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…
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…
By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam’s richest man Pham Nhat Vuong in…
LAS VEGAS (Reuters) – Albemarle, the world’s largest lithium producer, is concerned about current prices for the metal used to make electric vehicle batteries but believes long-term demand will remain strong, an executive said on Tuesday. The company, which operates across the Americas, Asia and Australia, cut staff and paused expansion projects in January after…
