Page 196 - Reuters%20/undefined

Microsoft works to add non-OpenAI models into 365 Copilot products

It is the latest effort by Microsoft, which is a major backer of OpenAI, to lessen its dependence on the AI startup - a departure from recent years when Microsoft touted its early access

Nippon Steel's US Steel bid referred to President Biden for final decision

The Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments in the US for national security risks

Sudan halts participation in hunger-monitor system on eve of famine report

In a letter dated Dec. 23, the government's agriculture minister said the government is halting its participation in the Integrated Food Security Phase Classification (IPC) system

Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for $2.1 bn

News Corp will gain a board seat and hold a 6 per cent stake in DAZN, a London-headquartered streaming platform

Google's proposed search result changes get thumbs up from EU airlines

Google has announced a series of changes in search result formats in recent months following conflicting demands from price-comparison sites, hotels, airlines and small retailers

USFDA restricts imports of certain Viatris drugs made at India facility

The FDA has issued a warning letter to Viatris related to its drug manufacturing facility in Indore in the central Indian state of Madhya Pradesh

Inflation, tariffs & conflicts: Risks stack up for global economy in 2025

In richer economies, governments need to work out how to counter the conviction of many voters that their purchasing power, living standards and future prospects are in decline

EV maker Greaves Electric Mobility files IPO papers to raise Rs 1,000 cr

Greaves Electric plans to invest the IPO proceeds into product research and development and build battery assembly capabilities, with a smaller portion earmarked to boost manufacturing capacity

Elon Musk owned X increases price of premium-plus plan to pay creators

X offers premium-plus subscribers ad-free browsing and features such as expanded access to the Grok AI chatbot and Radar, which offers real-time analytics on emerging trends through keyword tracking

Hyatt in exclusive talks with Playa Hotels on options, including buyout

Playa, which runs 24 high-end, all-inclusive resorts across Mexico, said its board has been evaluating opportunities and has engaged with a number of potential counterparties

Qatar to stop EU gas sales if fined under due diligence law: Report

Qatar's revenues in 2023 were 188.5 billion Qatari riyals ($51.64 bln), and 5 per cent of this is $2.5 bn

Sugar production to hit by weather, export prospects dwindle: Isma

The production could fall to around 27 million metric tons from the last year's 32 million tons and below annual consumption of more than 29 million tons, said India head of a global trade house

Gold steadies in thin trade as investors assess Fed policy outlook

The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions of fewer rate cuts in 2025 resulted in a decline in gold prices to their lowest level since Nov. 18 last week

What happens if Russian gas transit to Europe via Ukraine is turned off?

Putin said that day that it was clear there would be no new deal with Kyiv to send Russian gas through Ukraine to Europe

How to tax popcorn? FM's formula sparks outrage against GST system

A finance ministry spokesperson, the GST Council Secretariat and a spokesman for the ruling Bharatiya Janata Party did not respond to requests for comment on the controversy

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Middle East share of India's Nov oil imports at 9-month high; Russia down

Refiners in India have been gorging on cheaper Russian oil despite problems posed by sanctions aimed at reducing Moscow's oil revenue

OpenAI unveils 'o3' reasoning AI models, plans roll out from January 2025

The o3 and o3 mini models, which are in internal safety testing currently, will be more powerful than its previously launched o1 models, said OpenAI

Here's a list of challenges stacked up for the global economy in 2025

In 2024, the world's central banks were finally able to start lowering interest rates after largely winning the battle against inflation without sparking a global recession

Asian stocks rally on account of US inflation relief, Nikkei gains 0.6%

After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of those meetings due