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Italian firm tests energy-saving maglev technology on railway track

By Giselda Vagnoni ROME (Reuters) - An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway track, a technology that has the

Oracle surges to record high as AI demand helps reignite cloud business momentum

(Reuters) -Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with

STMicroelectronics CEO says China is a growth market despite US chip war

AMSTERDAM (Reuters) - China remains an important growth market for French-Italian semiconductor STMicroelectronics, despite increasing tensions with the U.S. over semiconductors, the company's chief

Explainer-What the EU’s $149 billion boost means for Poland

By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) - Polish Prime Minister Donald Tusk has secured the release of funds worth up to 137 billion euros from the European Union, ending years

ASML’s threat to leave uncovers deeper concerns in Netherlands Inc

By Charlotte Van Campenhout and Toby Sterling AMSTERDAM (Reuters) - A threat by the Netherlands' largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns

Grayscale pursues spin-off of spot bitcoin ETF

By Niket Nishant and Hannah Lang (Reuters) -Digital asset manager Grayscale Investments on Tuesday filed for a spin-off of its spot bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (

Grayscale plans to spin off spot bitcoin ETF

By Niket Nishant and Hannah Lang (Reuters) -Digital asset manager Grayscale Investments on Tuesday filed for a spin-off of its spot bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (

Apple to let developers distribute apps directly from their sites

By Foo Yun Chee BRUSSELS (Reuters) - Software developers who use Apple's App Store will be able to distribute apps to EU users directly from their websites this spring, the company said on Tuesday, as

Oracle surges as AI demand helps reignite cloud business momentum

(Reuters) - Oracle soared 13% on Tuesday, on signs the firm was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia. The database

Italy to set up AI fund of 1 billion euros, PM says

ROME (Reuters) -Italy plans to set up an investment fund with an initial endowment of 1 billion euros ($1.09 billion) to promote Artificial Intelligence (AI) projects, Prime Minister Giorgia Meloni

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many civic bodies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?