Australia backs Vocus’ $3.3 billion takeover of TPG Telecom’s fibre, fixed assets
(Reuters) - Australia's competition watchdog on Thursday approved telco Vocus' A$5.25 billion ($3.34 billion) takeover of local rival TPG Telecom's...
Technology & Startups
Nvidia’s Huang isn’t shying away from DeepSeek, says AI needs 100x more computing power
Nvidia (NVDA) CEO Jensen Huang isn't sounding the alarm over the introduction of AI models like China's inexpensively trained DeepSeek...
Brookfield leads race to buy Colonial Pipeline, Bloomberg News reports
(Reuters) - Brookfield Asset Management is emerging as the frontrunner to acquire Colonial Pipeline, in a deal that could value...
Companies’ biggest barrier to AI isn’t tech — it’s employee pushback. Here’s how to overcome it.
Getty Images; Karan Singh for BI When company leaders introduce AI to their workforces, they often face employee skepticism. Colgate-Palmolive...
US crude oil imports fell to two-year low last week, EIA data shows
NEW YORK (Reuters) - U.S. commercial crude oil imports fell last week by 85,000 barrels per day (bpd) to 5.4...
US crude stocks rise, gasoline and distillate inventories fall
NEW YORK (Reuters) - U.S. crude stocks rose more than expected, while gasoline and distillate inventories fell last week, the...
Nvidia stock stems losses as GTC leaves Wall Street analysts ‘comfortable with long term AI demand’
Nvidia (NVDA) stock rose more than 1% Wednesday morning, stemming losses from a two-day slide that saw shares drop 5%...
Nvidia CEO Jensen Huang says we’ll soon see 1 million GPU data centers visible from space
Nvidia (NVDA) CEO Jensen Huang has big plans for the AI data center industry. During the company’s GTC conference, the...
Morning Bid: Policy fog sidelines Fed
By Mike Dolan LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry...
Trump to host top US oil chief executives as trade wars loom
By Jarrett Renshaw (Reuters) - U.S. President Donald Trump will host top oil executives at the White House on Wednesday...
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