Business

How China built its ‘Manhattan Project’ to rival the West in AI chips

How China built its ‘Manhattan Project’ to rival the West in AI chips

(Corrects to add Reuters in dateline) By Fanny Potkin SINGAPORE, Dec 17 (Reuters) - In a high-security Shenzhen laboratory, Chinese…

December 18, 2025

Exclusive-FTC probes Instacart's AI pricing tool, source says; shares drop

By Jody Godoy Dec 17 (Reuters) - The U.S. Federal Trade Commission is probing Instacart, two sources familiar with the…

December 18, 2025

Wall Street closes lower as AI funding jitters drag tech stocks

By Abigail Summerville and Johann M Cherian Dec 17 (Reuters) - Wall Street's main indexes closed lower on Wednesday, with…

December 18, 2025

Tricolor executives charged with fraud over subprime lender's collapse

Dec 17 (Reuters) - Federal prosecutors in Manhattan unsealed an indictment on Wednesday charging executives of bankrupt Tricolor with systematically…

December 18, 2025

BlackRock, investor Dalio to help fund 'Trump accounts'

WASHINGTON, Dec 17 (Reuters) - Billionaire investor Ray Dalio will help fund the Trump administration's investment accounts for certain children…

December 17, 2025

Analysis-Crypto investors show caution, shift to new strategies after crash

By Karen Brettell Dec 17 (Reuters) - The recent crypto market bust has left some investors more cautious, after hitting…

December 17, 2025

Oracle data center plan hit as Blue Owl walks from $10 billion deal, source says

By Akash Sriram Dec 17 (Reuters) - Oracle's largest data center partner, Blue Owl Capital, will not provide funding for…

December 17, 2025

Hollywood blockbuster keeps Wall Street hooked, oil jumps on Venezuela blockade

By Marc Jones LONDON, Dec 17 (Reuters) - Wall Street opened higher on Wednesday as the blockbuster battle for Warner…

December 17, 2025

Warner Bros Discovery board rejects rival bid from Paramount

By Dawn Chmielewski and Milana Vinn LOS ANGELES, Dec 17 (Reuters) - Warner Bros Discovery's board rejected Paramount Skydance's $108.4…

December 17, 2025

Analysis-Gold forecast to glitter again next year despite biggest gain since 1979

By Polina Devitt LONDON, Dec 17 (Reuters) - Gold has made its biggest jump since the 1979 oil crisis in…

December 17, 2025