Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
Deal aligns with AE Industrial’s space technology consolidation strategy L3Harris retains 40% stake, AE Industrial expected to pay…
Euro zone manufacturing slips deeper into contraction at year-end, PMI shows
BENGALURU, Jan 2 (Reuters) – Euro zone factory activity retreated further into contraction territory in December as production…
European factory activity ends 2025 in deeper contraction but Asia shines on improved demand
Euro zone factory activity slipped into deeper contraction in December Asian factory activity rebounds with growth in key…
Starlink plans to lower satellite orbit to enhance safety in 2026
Jan 1 (Reuters) – Starlink will begin a reconfiguration of its satellite constellation by lowering all of its…
Italy says US has sharply cut proposed pasta tariffs after a review
ROME, Jan 1 (Reuters) – Italy’s foreign ministry said on Thursday the United States had sharply lowered proposed…
US draws bulk of state-owned investment in 2025 as assets hit record $60 trillion
US receives 48% of state-owned investments (SOI) in 2025 Gulf countries have pledged billions to US investments SOI…
Exclusive: Drugmakers raise US prices on 350 medicines despite pressure from Trump
Number of hikes rises from same time a year ago Median list price increase is 4%, in line…
Musk’s xAI buys third building to expand AI compute power
Dec 30 (Reuters) – Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third…
Exclusive: Soy trading firms to abandon Amazon protection pact in Brazil
ADM, Bunge, Cargill, Cofco signed 2006 agreement to protect Brazil’s Amazon forest with soy farming moratorium Mato Grosso…
SoftBank has completed its $40 billion investment in OpenAI, source says
Dec 30 (Reuters) – SoftBank Group (9984.T), opens new tab has completed its $40 billion investment in OpenAI,…
Meta to acquire Chinese startup Manus to boost advanced AI features
Dec 29 (Reuters) – Meta (META.O), opens new tab said on Monday it would acquire Chinese artificial intelligence…
China to lower import tariffs on some products beginning 2026
BEIJING, Dec 29 (Reuters) – China announced on Monday tariff adjustments for some products beginning next year, including…