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Trump says Putin and Zelenskiy want peace; phone calls kick off talks to end Ukraine war
Donald Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace in separate phone calls with him on Wednesday, and Trump ordered top U.S. officials to begin talks on ending the war in Ukraine.
Thu, Feb 13
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
Cisco Systems CSCO.O raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7% in extended trading.
Thu, Feb 13
Musk's X agrees to pay about $10 million to settle Trump lawsuit, WSJ reports
Elon Musk's social media platform X has agreed to pay about $10 million to settle a lawsuit that U.S. President Donald Trump brought against the company and its former chief executive, the Wall Street Journal reported on Wednesday.
Thu, Feb 13
Cisco Systems Inc reports results for the quarter ended January 31 - Earnings Summary
Cisco Systems Inc CSCO.OQ reported quarterly adjusted earnings of 94 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 91 cents per...
Wed, Feb 12
Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine
WTI futures fall more than $2 during sessionTrump calls Putin and Zelenskiy to discuss ending war in UkraineFed's Powell signals slower interest rate cutsUS crude stocks rise by more than expected, EIA data shows OPEC keeps demand outlook projections unchanged Updates with settlement pricesBy Ge...
Wed, Feb 12
OPEC takes long-term view of global oil markets, aims for stability
Corrects paragraph 1 to specify OPEC decisions are aimed at market stability, not priceBy Nidhi Verma and Sethuraman N R NEW DELHI, Feb 11 (Reuters) - Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing market stability, Secretary Gener...
Wed, Feb 12
PRECIOUS-Gold off record highs as Powell's comments douse rate-cut hopes
Fed chief reiterates go-slow approach on further rate cutsBullion hit record high of $2,942.70 on TuesdayUS CPI data due at 1330 GMTUpdates with mid-session tradingBy Anushree Mukherjee Feb 12 (Reuters) - Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Fed...
Wed, Feb 12
China's Baidu to release next-generation AI model this year, CNBC reports
China's Baidu 9888.HK plans to release the next generation of its artificial intelligence model in the second-half of this year, CNBC reported on Wednesday, citing a source familiar with the matter.
Wed, Feb 12
China's yuan slips to fresh 3-week low on trade worries
SHANGHAI, Feb 12 (Reuters) - China's yuan slipped to a new three-week low against the dollar on Wednesday, as investors cautiously awaited more developments in increasingly fraught global trade relations.
Wed, Feb 12
Japan requests US to exclude Japan from steel, aluminium tariffs
TOKYO, Feb 12 (Reuters) - Japan industry minister Yoji Muto said on Wednesday the nation has requested that the United States exempt Japan from steel and aluminium tariffs.
Wed, Feb 12
【Reuters Analysis】Gold's record highs are more than just Trump froth: Russell
Gold's surge to a fresh record high is being fuelled by fears of an escalating global trade war instigated by U.S. President Donald Trump.
Wed, Feb 12
【Reuters Analysis】Beer, not tariffs, will boost US aluminium capacity: Andy Home
Seven years ago President Donald Trump ordered 10% tariffs on U.S. imports of aluminium with the stated aim of increasing domestic primary metal production. They haven't worked.
Wed, Feb 12
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Dollar takes a breather ahead of US CPI
The dollar took a step back from its tariff-driven rally, leaving it below recent peaks as traders waited on U.S. inflation data and news on the broader trade front.
Wed, Feb 12
Gold takes a breather after record run on trade war fears
Gold prices slipped on Tuesday as investors booked profits following a record high, yet remained bullish amid fears of a global trade war spurred by U.S. President Donald Trump's new tariffs.
Wed, Feb 12
Lyft's first-quarter bookings forecast pressured by fierce competition with Uber
Lyft LYFT.O forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies UBER.N, while wildfires and extreme weather events disrupted its business in some key markets.
Wed, Feb 12
US regulator, Binance seek pause in legal battle as Trump's crypto policy takes shape
Binance, SEC ask court for 60-day stayMove signals possible pivot in crypto enforcementNew task force may impact caseAdds comments from Republican commissioner, former SEC officialBy Chris Prentice and Niket Nishant Feb 11 (Reuters) - Binance and the U.S. Securities and Exchange Commission have ...
Tue, Feb 11
Oil prices climb to 2-week high on supply worries, US tariffs check gains
Adds latest pricesWorld oil supply, demand to hit record highs, US EIA saysTrump imposes 25% import tariffs on steel, aluminium Economists expect Fed to wait to cut until next quarterBy Scott DiSavino NEW YORK, Feb 11 (Reuters) - Oil prices edged up to a two-week high on Tuesday as sanctions rais...
Tue, Feb 11
Vance tells Europeans that heavy regulation could kill AI
Vance says Europeans risk killing AI with their red tapeUS, UK do not sign summit communiqueVance says Trump will ensure US remains lead AI playerAdds Chinese Vice Premier, details, quote, in paragraphs 2,10,21,22,26By Jeffrey Dastin and Ingrid Melander PARIS, Feb 11 (Reuters) - U.S. Vice Preside...
Tue, Feb 11
US natgas prices up 2% to one-week high on lower output, cold forecasts
Feb 11 (Reuters) - U.S. natural gas futures climbed about 2% to a one-week high on Monday on rising flows to liquefied natural gas (LNG) export plants, a drop in daily output and forecasts for colder weather and higher heating demand next week.
Tue, Feb 11
Musk-led group makes $97.4 billion bid for control of OpenAI
Musk's bid intensifies tensions with OpenAI CEO AltmanConsortium includes xAI, Baron Capital and othersOffer complicates OpenAI's transition to for-profit organization, analysts sayAdds Altman's comment to Axios in paragraph 9By Arsheeya Bajwa, Anna Tong and Krystal Hu Feb 10 (Reuter...
Tue, Feb 11
