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Top commercial banks join G7-led central bank digital currency trial

By Marc Jones LONDON (Reuters) - Forty of the world's leading commercial banks have joined a G7-led pilot scheme with the New York Fed and leading central banks from Europe, Korea and Japan for a new

Fintech Clara taps new finance head as Brazil operations grow ‘quickly’

SAO PAULO (Reuters) - Latin American fintech Clara has tapped one of its earliest angel investors as the firm's new finance director, it told Reuters on Monday, as operations in top market Brazil

AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech

By Jeffrey Dastin and Katie Paul (Reuters) - A team of technology experts issued a global call on Monday seeking the toughest questions to pose to artificial intelligence systems, which increasingly

TikTok faces tough questions from court over challenge to US law

By David Shepardson WASHINGTON (Reuters) -A lawyer for TikTok and Chinese parent company ByteDance faced tough questions on Monday as a U.S. appeals court heard arguments in their lawsuit seeking to

Apple shares slip as shorter iPhone 16 shipping times signal soft demand

(Reuters) - Shares of Apple fell nearly 3% on Monday after several analysts said that delivery times for the new iPhone 16 Pro models indicated weaker-than-expected demand, possibly due to the delayed

Charter launches cheaper internet plans to boost broadband customer retention

(Reuters) - Telecoms firm Charter Communications-owned Spectrum on Monday rolled out cheaper internet plans that would be bundled with its mobile and cable TV services, amid tough competition from

Amazon drivers join Teamsters in New York, union says

(Reuters) - Hundreds of delivery drivers for e-commerce giant Amazon.com have joined the International Brotherhood of Teamsters, seeking improved wages, working conditions and safety standards, the

Metals-rich Kazakhstan seeks niche in battery supply chain

(In Sept 13 story, corrects minister's surname throughout to Sharlapaev from Sharlapayev) By Olzhas Auyezov and Eric Onstad ALMATY (Reuters) -Kazakhstan aims to boost output of metals needed for

Nvidia’s stock market dominance fuels big swings in the S&P 500

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index, reinforcing concerns that broader markets could be hurt if the

Tech firm CACI beefs up defense business with $1.28 billion Azure Summit deal

(Reuters) -Technology firm CACI International said on Monday it would buy privately-held radar and communications equipment maker Azure Summit Technology for $1.28 billion in cash to bulk up its

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Air Marshal A.P. Singh takes over as IAF chief, task cut out

Air Chief Marshal Singh took over from incumbent V.R. Chaudhari Monday afternoon. His top priority will be strengthening the fighting capability of the IAF, it is learnt.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?