WASHINGTON, Sept 30 : US Transportation Secretary Sean Duffy said Wednesday he does not currently see any safety concern stemming from a software issue involving the Boeing 737 MAX fleet."If there was like, 'Hey we've got a safety issue, we have a different response," Duffy told reporters after an event in Wa
NEW YORK, Sept 30 : The artificial intelligence boom has arrived in the riskiest corners of US credit markets, where leery lenders are demanding more compensation to fund borrowers whose future earnings remain largely unproven.AI-related issuance by low-rated firms has totaled $88 billion this year, according
Sept 30 : The Federal Trade Commission is opening a sweeping probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a source familiar with the matter told Reuters on Wednesday.The FTC plans to issue formal demands for information and compel testimo
DUBAI, Sept 30 : United Arab Emirates-based technology company AIQ has signed an agreement to enter India's oil and gas sector as it steps up efforts to expand beyond its home market, company executives said on Wednesday.AIQ will deploy its technology across the refineries, gas stations and digital stores of
Sept 30 : Hewlett Packard Enterprise on Wednesday raised its long-term revenue growth forecast for its networking business, driven by the AI boom and announced a $1.2 billion order to provide AMD server racks to cloud firm Vultr.Shares of HPE rose nearly 6 per cent in premarket trading, as the company hosted
WASHINGTON, Sept 30 : President Donald Trump is expected to announce on Wednesday plans to tap South Korea's pledged $350 billion strategic investment package for about $54 billion to help build a liquefied natural gas facility in Alaska and fund other U.S. projects, according to two people familiar with the discuss
SAN FRANCISCO, Sept 30 : Synopsys and Amazon Web Services on Wednesday said that Amazon.com's cloud computing unit has entered a multi-year deal worth more than $1 billion to license chip design intellectual property from Synopsys.Synopsys makes software for designing complex computer chips, helping firms su
LONDON, Sept 30 : Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions, wars, oil back above $100 a barrel and warnings that AI might wipe out humanity. Yet the most widely tracked world equity indexes are
Sept 30 : French cybersecurity firm Sekoia rolled out its cybersecurity AI agentic tool Elevate to its clients, following an early access program with around 2,000 customers, it said on Wednesday. Criminals are increasingly resorting to AI agents, with cyberattacks multiplying and changing in scale, prompti
Sept 30 : Apple is planning to make its long-delayed push into the smart-home market on October 13, Bloomberg News reported on Wednesday, citing people familiar with the matter.A smart-home hub code-named J490 is at the center of Apple's strategy and the company also plans to announce the first update to the
WASHINGTON, Sept 30 : In-space manufacturing startup Varda Space has raised $250 million in a Series D round at a $1.6 billion valuation, the company told Reuters, as it ramps up missions to produce pharmaceuticals in microgravity.El Segundo-based Varda is one of a handful of US companies building a fleet of
MADRID/PARIS/MILAN, Sept 30 : European domestic payment groups serving 130 million people, including Spain's Bizum, Italy's Bancomat and Wero, said on Wednesday they were combining forces to form a joint company to oversee cross-border payments.Europe has been trying to curb its dependence on Visa and Maste
Sept 30 : The dollar hovered near its highest level of the year against the euro on Wednesday and was on track for its biggest monthly gain versus the single currency in 14 months, buoyed by stronger US growth and rising interest-rate expectations.The euro has been one of the worst-performing G10 currencies t
TOKYO, Sept 30 : The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said, enhancing the importance of data due this week in gauging the timing of its next move.Any sign of heightening corporate inflation expe
Sept 30 : Car parts supplier OPmobility has entered into a final agreement to buy Hyundai Mobis' lighting business for an enterprise value of 600 billion Korean won ($443 million), the French firm said on Wednesday. ($1 = 1,353.3800 won)
TOKYO, Sept 30 : Japanese Prime Minister Sanae Takaichi will pledge a nimble response to any unexpected developments in the economy and financial markets in a policy speech next week, the Nikkei newspaper said on Wednesday.In remarks set for the first day of an extraordinary parliamentary session on October 5
BANGKOK, Sept 30 : Thailand's manufacturing production index rose 4.44 per cent in August from a year earlier, the industry ministry said on Wednesday, stronger than analysts' forecasts.• The August reading compared with a forecast increase of 1.0 per cent in a Reuters poll.• The ministry has adju
Sept 30 : Apple Pay has launched in India through a partnership with Axis Bank, giving the payment service its first foothold in one of the world's largest digital payments markets, the lender said on Wednesday.Axis Bank, India's third-largest private lender, will be the first Indian bank to offer Apple Pay,
BANGKOK, Sept 30 : Thailand's manufacturing production index rose 4.44 per cent in August from a year earlier, the industry ministry said on Wednesday, stronger than analysts' forecasts.• The August reading compared with a forecast increase of 1.0 per cent in a Reuters poll.• The ministry has
HONG KONG, Sept 30 : Chinese AI firm DeepSeek said on Wednesday it has partnered with Huawei Technologies to develop programming tools for Huawei's Ascend chips, the latest sign of Chinese tech firms deepening ties as they seek alternatives to the Nvidia ecosystem. In a post on its official WeChat account, D