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OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
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Factbox-German budget crisis tests limits of its ‘debt brake’
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Who is OpenAI interim CEO Emmett Shear?
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UK says new science initiative to work on climate-resilient crops
Factbox-What is OPEC+ and how does it impact oil prices?
Date: November 20, 2023
Factbox-What is OPEC+ and how does it impact oil prices? (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy. Below are key facts about OPEC+ and its role. What are...
National Grid’s Massachusetts utilities submit clean energy investment plan
Date: November 17, 2023
National Grid’s Massachusetts utilities submit clean energy investment plan (Reuters) – Britain’s National Grid said on Friday its two utility firms in Massachusetts have submitted a clean energy investment plan to authorities in the U.S. state as part of the group’s required rate case filing. Utility companies in the United States use rate case proceedings...
BP seeks partnerships to navigate renewables storm
Date: November 17, 2023
BP seeks partnerships to navigate renewables storm By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) – BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipment bottlenecks that have battered the renewables sector. The oil major plans to expand in low carbon energy...
Analysis-Fewer shoppers in Burberry stores complicates design overhaul
Date: November 17, 2023
Analysis-Fewer shoppers in Burberry stores complicates design overhaul By Mimosa Spencer PARIS (Reuters) – The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, with designer Daniel Lee’s first styles for the British label trickling into newly refurbished stores. Executives cautioned on Thursday that they would...
Dollar poised for steep weekly fall, yen trades below 150
Date: November 17, 2023
Dollar poised for steep weekly fall, yen trades below 150 By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) -The dollar headed toward one of its steepest weekly declines versus other major currencies this year on Friday, while the yen strengthened sharply to trade below 150 to the dollar as concerns grow about the weakening...
Analysis-What China’s Xi gained from his Biden meeting
Date: November 17, 2023
Analysis-What China’s Xi gained from his Biden meeting By Michael Martina, Trevor Hunnicutt and Greg Torode SAN FRANCISCO/HONG KONG (Reuters) -When Chinese President Xi Jinping met executives for dinner on Wednesday night in San Francisco, he was greeted with not one, but three standing ovations from the U.S. business community. It was one of several...