PRESS DIGEST-New York Times business news - October 10

Oct 10 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Reflection AI announced on Thursday that it had raised $2 billion in new funding, in a round that included Nvidia NVDA.O. The deal values Reflection AI at $8 billion, including the new money, significantly more than the roughly $545 million the company was valued at in March.

- Orsted ORSTED.CO, the Danish renewable energy developer, said on Thursday that it would cut about 2,000jobs, or around 25% of its work force, over the next two years.

- The Chinese government announcedon Thursday that it was escalating its curbs on exports of rare earth metals, as Beijing claims broader jurisdiction over the global manufacture of semiconductors and other technology.

- Spooked by plunging profits and job cuts across the auto industry, Germany’s chancellor is insisting that the European Union allow car manufacturers, rather than regulators in Brussels, to determine how best to reach the bloc’s goal of slashing carbon emissions.