Blog

NEW DELHI (Reuters) -Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. One Indian state is reviewing a power deal with the group, France's TotalEnergies decided to pause its investments and political rows over Adani have disrupted India's parliament.

(Reuters) -Canada's main stock index extended its November gains on Friday, moving to a new record high, with technology and industrial shares rising as investors welcomed greater clarity about the economic outlook following the outcome of the U.S. election. "We've climbed that wall of worry," said Greg Taylor, portfolio manager at Purpose Investments. U.S. President-elect Donald Trump has pledged to cut taxes and loosen business regulations.

NEW YORK (Reuters) -Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts. Brent crude fell 34 cents, or 0.46%, to settle at $72.94 a barrel.

It is the second of two preliminary decisions that President Joe Biden's Commerce Department is making this year in a trade case brought by Korea's Hanwha Qcells, Arizona-based First Solar Inc and several smaller producers seeking to protect billions of dollars in investments in U.S. solar manufacturing. The group, the American Alliance for Solar Manufacturing Trade Committee, accused big Chinese solar panel makers with factories in Malaysia, Cambodia, Vietnam and Thailand of causing global prices to collapse by dumping products into the market.

(Bloomberg) -- Checkr Group Inc., the background-check vendor that got its start screening couriers and rideshare drivers, has boosted revenue by increasing its customer base to include more large enterprises.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesRevenue exceeded $700 million in 2023, Chief Executive Officer Daniel Yanisse said in an interview. That was roughly double the level in 2021,

(Bloomberg) -- Five Canadian news media publishers have sued OpenAI Inc. for breaching copyright by scraping content to train artificial intelligence products like ChatGPT — opening another front against the $157 billion startup.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesTorstar Corp., Postmedia Network Canada Corp., Globe and Mail Inc., the Canadian Press and CBC/Radio-Canada filed the actio

MILAN (Reuters) -Italy's data protection watchdog has warned Italian publisher GEDI not to share its personal data archives with ChatGPT owner OpenAI, it said on Friday, citing concern over potential breaches of EU rules. GEDI, owned by the Agnelli family's holding company Exor, announced a strategic partnership with OpenAI in September to bring Italian-language content from the publisher's portfolio of news outlets to users of the Microsoft-backed artificial intelligence startup.

Here’s what you need to know about the Apple Intelligence feature, including what it is, how to use it, and when it launches. What is Image Playground? Image Playground is part of Apple Intelligence, a range of AI-driven tools from Apple.

Volkswagen, under pressure by high costs and Chinese competition, brushed off union proposals for cost savings on Friday, just days ahead of planned walkouts meant to avoid unprecedented plant closures. "Although there may also be positive effects in the short term, the measures will not lead to any sustainable financial relief for the company in the coming years", the company said in a statement, adding it would remain in contact with labour representatives. Germany's powerful IG Metall union this month proposed 1.5 billion euros ($1.6 billion) in cost savings, including forgoing bonuses for 2025 and 2026.

As ownership and governance of apps and online services consolidate, it's understandable if you want to consider your options when it comes to where you store your private data and records of your everyday activities. Why you should care: It's not just your private messages and calls that Signal keeps encrypted from prying eyes and ears, but Signal also crucially scrambles who you contact and communicate with, and when, which can also be incredibly revealing about a person's life.