Tag: PUBL

Microsoft rolls out ChatGPT-powered Teams Premium

Feb 1 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI ​​chatbot that has taken Silicon Valley by storm. The premium service will cost $7 per month in June before increasing to $10 in July, Microsoft said. OpenAI-owned ChatGPT will generate …

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Blackstone REIT blocks investor withdrawals in January

Feb 1 (Reuters) – Blackstone Inc (BX.N) said on Wednesday it had blocked withdrawals from its $69 billion real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about $1.3 billion in January, representing …

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Honda to start producing new hydrogen fuel cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and gradually step up sales this decade, in a bid to expand its hydrogen business. Honda will target annual sales of around 2,000 units of …

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Wall Street dips as Fed decision looms; AMD boosts chipmakers

Fed’s rate decision expected at 1400 ET AMD expects a strong second half of 2023 Amgen weighs on Dow as Q4 revenue falls slightly EA cuts bookings view, shares slide Indexes down: Dow 0.64%, S&P 0.26%, Nasdaq 0.15% Feb 1 (Reuters) – US stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on …

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White House blasts Exxon over historic $56 billion annual profit

WASHINGTON, Jan 31 (Reuters) – The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp’s record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry. Oil majors are expected to break their own annual records due to high prices …

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People who posted Sam Bankman-Fried’s bail should be named, US judge rules

NEW YORK, Jan 30 (Reuters) – A US judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried should be made public, but put his ruling on hold pending an expected appeal. US District Judge Lewis Kaplan in Manhattan ruled in favor of several …

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Samsung to keep up chip investment, undeterred by 8-year-low profit

Chip profit lowest since Q1 2009 Analysts expect chip business to report Q1 loss Company flags organic chip production curb Says demand to recover starting H2 SEOUL, Jan 31 (Reuters) – South Korea’s Samsung Electronics Co Ltd (005930.KS) on Tuesday indicated it has no plan to cut investment in chips this year, even as a …

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China’s MMG flags production halt at Las Bambas in Peru due to protests

Jan 30 (Reuters) – Chinese copper miner MMG Ltd (1208.HK) said on Monday its Las Bambas mine in Peru would likely have to halt production from Feb. 1 due to a shortage of “critical supplies” leading to a slowdown of operations. The Melbourne-headquartered miner said the shortage of supplies was due to transport disruptions from …

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