Finance

AI set to transform global trade, says World Trade Organization report

AI set to transform global trade, says World Trade Organization report

By Olivia Le Poidevin GENEVA (Reuters) –Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacer...

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Commerzbank CEO sees likely revenue hit in ‘unfriendly’ UniCredit deal

Commerzbank CEO sees likely revenue hit in ‘unfriendly’ UniCredit deal

FRANKFURT (Reuters) -Commerzbank CEO Bettina Orlopp on Wednesday labelled UniCredit’s approach for a potential merger as “unfriendly” and said that any deal would likely hurt re...

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Meta Wants AI-Powered Smart Glasses to Drive New Growth

Meta Wants AI-Powered Smart Glasses to Drive New Growth

David Paul Morris / Bloomberg / Getty Images During Meta’s earnings call in July, CEO Mark Zuckerberg said he sees AI glasses becoming the “main way that we integrate superintelli...

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Exclusive-Vitol and Glencore set to make formal bids for Chevron’s Singapore refinery stake, sources say

Exclusive-Vitol and Glencore set to make formal bids for Chevron’s Singapore refinery stake, sources say

By Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPORE (Reuters) – Global commodities traders Vitol and Glencore are expected to make formal bids for Chevron’s 50% stake in Singapore&...

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