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Stellantis to push US revival, brands and Chinese deals in high-stakes pitch to investors

Stellantis to push US revival, brands and Chinese deals in high-stakes pitch to investors

By Giulio Piovaccari MILAN, May 19 (Reuters) - Stellantis' CEO Antonio Filosa will outline a new long-term strategy to investors on Thursday with a focus on reviving crucial U.S. sales, tightening the group's sprawling portfolio, and leveraging tie-ups with Chinese firms.
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Mistral AI buys Austrian physics AI startup in industrial push

Mistral AI buys Austrian physics AI startup in industrial push

By Leo Marchandon and Elizabeth Howcroft PARIS, May 19 (Reuters) - Europe's leading artificial intelligence firm, France's Mistral AI, said on Tuesday it has acquired Vienna-based Emmi AI for an undisclosed sum, aiming to enhance its offering for industrial clients across Europe.
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High Energy Prices Threaten Europe's AI Competitiveness Against U.S. and China

High Energy Prices Threaten Europe's AI Competitiveness Against U.S. and China

Europe's ambition to lead in artificial intelligence (AI) is being challenged by soaring energy prices, which could undermine its competitiveness against the U.S. and China. The region is investing in data centers to support AI development, but these facilities are highly sensitive to energy costs. Experts suggest that data center projects may shift to areas with lower energy prices, potentially benefiting the U.S. and China. The International Energy Agency reports that energy costs for industries in Europe are significantly higher than in the U.S. and China, posing a challenge to Europe's AI infrastructure expansion.
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Asia shares slip, oil prices pile pressure on bonds

Asia shares slip, oil prices pile pressure on bonds

By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings from tech-diva Nvidia this week.
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Zegna Reports Business Recovery in Middle East Following Iran Conflict Disruptions

Zegna Reports Business Recovery in Middle East Following Iran Conflict Disruptions

Zegna Reports Business Recovery in Middle East Following Iran Conflict Disruptions
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Trading Day: Yields squeeze stocks

Trading Day: Yields squeeze stocks

By Jamie McGeever ORLANDO, Florida, May 18 (Reuters) - Stocks mostly retreated on Monday as a deepening global bond rout drove yields to historic highs, darkening the economic outlook and casting a shadow over the AI rally ahead of Nvidia's quarterly earnings report later in the week.
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Brazil may re-route farm export flows amid US-China deal

Brazil may re-route farm export flows amid US-China deal

By Roberto Samora SAO PAULO, May 18 (Reuters) - A deal for China to buy more U.S. agricultural goods could prompt Brazil to exploit gaps left by U.S. shipments in other markets, as Washington focuses exports on Brazil’s top trading partner, industry experts said on Monday.
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Japan, China lead declines in foreign holdings of Treasuries in March, data shows

Japan, China lead declines in foreign holdings of Treasuries in March, data shows

NEW YORK, May 18 (Reuters) - Foreign holdings of U.S. Treasuries slid in March, data from the Treasury Department showed on Monday, led by declines in holdings from Japan and China. Holdings of U.S. Treasuries slipped 1.5% to $9.348 trillion from a record peak of $9.487 trillion seen in February.
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US extends sanctions waiver on Russian oil to aid vulnerable countries

US extends sanctions waiver on Russian oil to aid vulnerable countries

By David Lawder PARIS, May 18 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries hit by the Iran war, reversing plans not to grant an extension.
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Analysis-Investors see no let-up in bond market strain

Analysis-Investors see no let-up in bond market strain

By Gertrude Chavez-Dreyfuss NEW YORK, May 19 (Reuters) - The latest sharp selloff in U.S. Treasuries may be far from over.
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Guided Therapeutics Inc Reports No Revenue and Increased Net Loss in Q1 2026

Guided Therapeutics Inc Reports No Revenue and Increased Net Loss in Q1 2026

Guided Therapeutics Inc Reports No Revenue and Increased Net Loss in Q1 2026
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Pentagon Cancels Troop Deployment to Europe Amid U.S.-China Summit Developments

Pentagon Cancels Troop Deployment to Europe Amid U.S.-China Summit Developments

The Pentagon has announced the cancellation of a planned deployment of thousands of U.S. troops to Poland. This decision comes as President Trump continues to reduce the U.S. military presence in Europe. The deployment had been scheduled for some time, and its cancellation is notable given that troops and equipment had already begun arriving in Poland. This move coincides with the conclusion of a U.S.-China summit where President Trump claimed to have secured significant trade deals. The summit also highlighted China's aim to establish itself on equal footing with the U.S. in terms of global influence.