Finance

Only a few automakers to keep up AI push, Gartner says

Only a few automakers to keep up AI push, Gartner says

BERLIN, Dec 8 (Reuters) – Only a handful of automotive companies are likely to sustain ​ambitious artificial intelligence investment in the coming ‌years, a study released on Monday showed, ...

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Robinhood Eyes Indonesia Market as Local Crypto Adoption Soars

Robinhood Eyes Indonesia Market as Local Crypto Adoption Soars

Robinhood Markets Inc. has agreed to acquire two licensed Indonesian firms as it prepares to enter one of Asia’s fastest-growing retail markets. The deals would involve acquisitions of PT Buana Ca...

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Eli Lilly’s Mounjaro added to China’s state insurance list for diabetes treatment

Eli Lilly’s Mounjaro added to China’s state insurance list for diabetes treatment

SHANGHAI, Dec 8 (Reuters) – Eli Lilly’s popular drug Mounjaro will be added to China’s state-run health insurance scheme ​from January 1 for patients with type 2 diabetes, ‌the N...

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Surge in Natural Gas Prices Sets The Stage for Coal Comeback

Surge in Natural Gas Prices Sets The Stage for Coal Comeback

As U.S. natural gas prices jumped to a three-year high, coal has become a cheaper power-generating fuel for utilities, which are set to run coal-fired generators harder this winter. U.S. benchmar...

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The Fed’s biggest decision this week could have nothing to do with interest rates

The Fed’s biggest decision this week could have nothing to do with interest rates

A third rate cut this year may be a foregone conclusion but any clues about its plans for its balance sheet will be crucial. – Getty Images The stock market finished on the cusp of rec...

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The biggest winners of our current economy: Middlemen

The biggest winners of our current economy: Middlemen

Getty Images; Tyler Le/BI Bill Gates has been right about a lot of things over the years — Microsoft, mosquito nets, the risk of pandemics. One thing he was not so right about: the idea that ...

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