Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDON(Reuters) - Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is how best to invest in the…
Europe
Stalled US debt talks, inflation woes hit stocks
By Lawrence White and Koh Gui Qing LONDON/NEW YORK (Reuters) -World stocks dropped on Wednesday as U.S. debt ceiling talks dragged on without resolution, stoking a general malaise…
First Russian hypersonic missile scientist to go on trial for treason next week
ST PETERSBURG, Russia (Reuters) - The first of three Russian hypersonic missile scientists to be arrested on suspicion of treason will go on trial next week, the court handling…
IMF chief hopes U.S. debt ceiling deal will come before ’11th hour’
LONDON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not have to wait until the 11th hour for a…
Big Software AG investor further backs Silver Lake bid
MUNICH (Reuters) - Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that it continues to support private equity…
Insulin makers testify on Capitol Hill over prices
By Ahmed Aboulenein WASHINGTON (Reuters) - Leaders of major insulin makers and pharmacy benefit managers (PBMs) traded blame for the life-saving drug's high price on…
Buffett set for 59th shareholder marathon as big questions loom
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Warren Buffett is set to preside over Berkshire Hathaway Inc's annual meeting for the 59th time on Saturday as investors make…
Stocks stumble as Tesla drops, US yields retreat after data
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was poised for its biggest daily percentage drop in two weeks on Thursday as a sharp decline in Tesla shares…
US-born princess evicted from Rome villa famed for Caravaggio fresco
ROME (Reuters) - A U.S.-born princess was evicted on Thursday from a Roman villa featuring the only known fresco by Italian baroque artist Caravaggio, and denounced her ousting as…
Intel ends its bitcoin mining chip series
(Reuters) - Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the cryptocurrency…