HOUSTON — Oil companies aiming to participate in new exports of Venezuelan crude to the United States following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports, four sources familiar with the …
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NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10-percent cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Trump was not clear in his social …
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(Second from left) Ubukata Philippine Electric Corp. President Shinnosuke Ubukata and PEZA Deputy Director General Anidelle Joy Alguso (PEZA photo) Japan-based Ubukata Philippine Electric Corp. has signed a registration agreement with the Philippine Economic Zone Authority (PEZA) for the establishment of an export-oriented manufacturing facility in Batangas. The investment promotion …
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Regulation could help establish basic level of service, aviation expert says Viral video sparks WestJet legroom complaints An Alberta family is speaking out after a video showing them struggling to sit in a tight new WestJet seating arrangement went viral. The airline is facing criticism for putting profits before people …
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LONDON — Rio Tinto’s talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world’s biggest miner, to respond. A view shows the Rio Tinto logo in Perth, Australia, on April 19, 2025. REUTERS …
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A 3D-printed miniature model of Elon Musk and xAI logo are seen in this illustration created on February 16, 2025 Dado Ruvic/Illustration/File, Credit: REUTERS, Copyright: REUTERS0 ELON Musk’s artificial intelligence (AI) startup xAI reported a net loss of $1.46 billion for the September quarter, compared with a loss of $1 billion …
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MERCK is in talks to buy cancer drug developer Revolution Medicines in a $28-billion to $32-billion deal, the Financial Times (FT) reported on Thursday, citing a person familiar with the matter. Revolution shares jumped nearly 16 percent in extended trading following the report. ACQUISITION Exterior view of the entrance to …
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The Canadian Press · The Associated Press DETROIT, Michigan — General Motors (GM) said on Thursday it would take a $6-billion charge to unwind some electric-vehicle (EV) investments, the latest car company to pull back from EVs in response to the Trump administration’s policies and fading demand. The charge stems from reducing its …
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Democratic senators demand Apple, Google take X and Grok off app stores xAI and X logos are seen in this 2025 illustration. Grok launched in 2023, and last summer the company added an image generator feature, Grok Imagine, which included a so-called ‘spicy mode’ that can generate adult content. (Dado Ruvic/Reuters) …
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ANTHROPIC is planning a multibillion-dollar fundraise that would value the Claude chatbot maker at $350 billion, two sources told Reuters on Wednesday. This represents a nearly double increase in its valuation from about four months ago. The artificial intelligence (AI) startup plans to raise $10 billion in a funding round …
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