News
Important Only
FACTBOX-Elon Musk's Grok faces global scrutiny for sexualised AI photos
Jan 12 (Reuters) - Governments and regulators from Europe to Asia have condemned and some have opened inquiries into sexually explicit content generated by Elon Musk's xAI chatbot Grok on X, putting pressure on the platform to show what it is doing to prevent and remove illegal content.Grok said...Reuters
12 minutes ago
Volkswagen drops to third in China sales as fast-growing Geely Auto overtakes
VW falls to No.3 in China, trailing BYD and Geely AutoLegacy foreign automakers ceding share to local rivalsVW ramping up incentives to catch up with Chinese firms BEIJING, Jan 12 (Reuters) - Volkswagen VOWG.DE was overtaken by Geely Auto 0175.HK in sales in China last year, dropping to third pla...Reuters
15 minutes ago
India's TCS beats quarterly revenue estimate
BENGALURU, Jan 12 (Reuters) - Tata Consultancy Services TCS.NS, India's largest software services firm, posted a bigger-than-expected third-quarter revenue on Monday as artificial intelligence-led demand ramped up.The company's consolidated revenue increased 4.9% to 670.87 billion rupees ($7...Reuters
15 minutes ago
Wall Street skeptical Trump's proposed credit card rate cap will advance
By Manya Saini Jan 12 (Reuters) - U.S. President Donald Trump's proposal to cap credit card interest rates at 10% has grabbed headlines but would require legislation and has slim odds of passing, Wall Street analysts said.Credit cards are a cornerstone of U.S. consumer finance, giving househo...Reuters
23 minutes ago
Cytek Biosciences prelim Q4 revenue beats estimates
OverviewCell analysis firm's preliminary Q4 revenue rose 8% yr/yr, beating analyst expectationsCompany's growth driven by services, reagents, and instrument sales in Asia Pacific, US, EMEAOutlookCytek expects its total revenue for the full year 2025 to be approximately $201 millionCompany se...Reuters
29 minutes ago
Olympics-Ruohonen eyes Winter Games history as 'Dad' to US men's curling team
By Aadi NairJan 12 (Reuters) - Rich Ruohonen has spent decades chasing his Olympic dreams and enduring heartbreaks but the veteran curler now has a chance to etch his name into the history books as the oldest American athlete to compete in the Winter Games.The 54-year-old, who juggles his sporting a...Reuters
39 minutes ago
Iveco, PlusAI expand partnership with autonomous truck tests in Spain
Jan 12 (Reuters) - Self-driving truck startup PlusAI said on Monday it would launch Southern Europe's first programme to test heavy-duty autonomous trucks, expanding its partnership with Iveco Group brand IVECO.The programme will develop two IVECO S‑Way trucks equipped with PlusAI's Level 4 ...Reuters
39 minutes ago
Hong Kong media tycoon Jimmy Lai's health in focus at mitigation hearing
Lai was found guilty under national security law in DecemberTycoon, 78, faces possible life imprisonmentProsecutor says medical report shows Lai's health "stable"By Jessie Pang and James Pomfret HONG KONG, Jan 12 (Reuters) - Hong Kong's High Court heard on Monday the mitigation pl...Reuters
40 minutes ago
Starlink rival Eutelsat orders 340 OneWeb satellites from Airbus
Jan 12 (Reuters) - Eutelsat ETL.PA, the satellite operator backed by the French and the British governments, has placed an order with Airbus AIR.PA for 340 satellites to refresh and extend its OneWeb low-Earth-orbit network, the two companies said on Monday.The additional satellites are intended to ...Reuters
53 minutes ago
FACTBOX-From Walmart to Nestle, CEO churn sweeps global consumer goods makers
Jan 12 (Reuters) - Dutch brewer Heineken HEIN.AS announced the departure of its CEO Dolf van den Brink, the latest consumer goods company to make a change at the top as the sector navigates tariff pressures and choppy consumer spending. Here are some of the major CEO changes among global consum...Reuters
54 minutes ago
UK police chief says London getting safer despite Trump and others' remarks on crime wave
LONDON, Jan 12 (Reuters) - Britain's most senior police officer said on Monday that London's homicide rate had fallen to its lowest for more than a decade, showing the city was becoming safer, despite remarks by U.S. President Donald Trump and others on violent crime in the capital.Mark Rowl...Reuters
an hour ago
Germany's Merz floats possibility of EU-India trade deal by end of January
AHMEDABAD, India, Jan 12 (Reuters) - German Chancellor Friedrich Merz floated the possibility that the European Union and India could sign a free trade agreement as early as the end of this month, after he met Indian Prime Minister Narendra Modi on Monday.The presidents of the European Commission an...Reuters
an hour ago
Britain's JD Sports launches AI commerce in key US market
LONDON, Jan 12 (Reuters) - British sportswear retailer JD Sports Fashion JD.L said on Monday customers in the United States, its largest market, will be able to use AI platforms to search for and purchase its products.In the U.S., the group trades from over 2,500 stores across the JD, DTLR, Shoe Pal...Reuters
an hour ago
UBS Group AG - Rejects Proposed Full Deduction Of Foreign Subsidiaries From Common Equity Tier 1 (Cet1)
Jan 12 (Reuters) - UBS Group AG UBSG.S:UBS GROUP AG - SUPPORTS THE FEDERAL COUNCIL'S OBJECTIVE OF DRAWING LESSONS FROM CREDIT SUISSE CRISISUBS GROUP AG - FOR UBS, THIS WOULD RESULT IN ADDITIONAL CET1 CAPITAL REQUIREMENTS OF APPROXIMATELY USD 23 BILLION AND THUS VERY HIGH COSTSUBS GROUP AG - P...Reuters
an hour ago
Iran says communication lines with US are open
DUBAI, Jan 12 (Reuters) - Communication lines between Tehran and Washington remain open, such as through a U.S. special envoy or traditional intermediaries such as Switzerland, Iranian foreign ministry spokesperson Esmaeil Baghaei said on Monday.He was responding, via an English translation, to a qu...Reuters
2 hours ago
RPT-Wall Street jostles to advise on Rio-Glencore, eyes $100 million prize
Wall Street banks compete for advisory roles, eye big feesRio aims to acquire Glencore, create $200 billion mining giantPrevious merger talks between Rio and Glencore failedBy Andres Gonzalez, Amy-Jo Crowley and Anousha Sakoui LONDON, Jan 9 (Reuters) - Rio Tinto's ambition to acquire Glencor...Reuters
2 hours ago
