By Trevor Hunnicutt and Jessica Donati LOBITO, Angola (Reuters) -U.S. President Joe Biden met African leaders in the Angolan port of Lobito on Wednesday to advance a plan to extend a railway that could channel critical minerals from Congo and Zambia to the West via Lobito, and counter Chinese clout in the region. As things …
Biden meets African leaders in Angola to advance Lobito railway project Read More »
By Nqobile Dludla JOHANNESBURG (Reuters) -Food group Tiger Brands expects to sell off more brands including Ace maize meal and King Korn sorghum, and is pursuing short- to medium-term volume growth of up to 3%, its CEO said after posting a 4% rise in annual earnings. South Africa’s largest food producer is in the middle …
Food group Tiger Brands to sell King Korn sorghum, Ace maize operations Read More »
ABIDJAN (Reuters) – Multinational cocoa exporters operating in Ivory Coast, the world’s top cocoa producer, fear a drop in supplies from farmers in the coming months after adverse weather hit crops, raising the prospect that some of them might default on contracts. So far this season, the volume of beans arriving at ports is up …
Ivory Coast cocoa exporters fear drop in supplies after poor weather Read More »
By Ross Kerber (Reuters) – U.S. energy regulators have another window of opportunity to clarify the role that giant fund firms should play in corporate ownership. It’s a good chance to resolve a nagging question for investors and stock issuers alike. In October BlackRock asked the U.S. Federal Energy Regulatory Commission to extend for another …
Column-Funds wait on US energy regulator to answer a $26 trillion question: Ross Kerber Read More »
By Katie Paul NEW YORK – Facebook owner Meta said on Friday it was releasing a batch of new AI models from its research division, including a “Self-Taught Evaluator” that may offer a path toward less human involvement in the AI development process. The release follows Meta’s introduction of the tool in an August paper, …
Meta releases AI model that can check other AI models’ work Read More »
(Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, the Wall Street Journal reported on Sunday. Perplexity has told investors it is looking to raise around $500 million in the new funding round, the Journal reported citing people familiar …
Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports Read More »
By Humeyra Pamuk and Timour Azhari WASHINGTON/BEIRUT (Reuters) -U.S. Secretary of State Antony Blinken will make another push for a ceasefire when he heads to the Middle East on Monday, the State Department said, seeking to kick-start negotiations to end the Gaza war and also defuse the spillover conflict in Lebanon. Blinken’s latest trip to …
Blinken to make another push to defuse conflicts in Middle East Read More »
(Reuters) – Honeywell has signed a deal with Google to connect artificial intelligence technology with its industrial data, both companies said on Monday, with a view to offer streamlined autonomous operations for its customers. The partnership will bring together Alphabet-owned Google’s Gemini – its most advanced AI technology – and Honeywell’s industrial data collected through …
Honeywell partners with Google to integrate data with generative AI Read More »
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) – Wall Street’s main indexes were subdued on Monday as investors took a breather after the previous week’s rally, awaiting results from major companies that could influence whether markets would sustain their record highs or decline. The Dow Jones Industrial Average fell 89.46 points, or 0.21%, to …
Wall St muted as investors pause ahead of big corporate earnings Read More »
PARIS (Reuters) – French power group EDF signalled possible strike action by some of its workers from the evening of Oct. 23 to Oct. 24. There was no indication of how much electricity supply would be affected. The previous strike had no effect. (Reporting by Forrest Crellin; editing by David Evans)
