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Intel in early talks to add AMD as foundry customer, Semafor reports
Reuters· 2025-10-02 02:11
Intel is in early talks to add AMD as a foundry customer, Semafor reported on Wednesday, citing people familiar with the matter. ...
Phillips 66 to book $100 million charge as it winds down Los Angeles refinery
Reuters· 2025-10-02 01:32
U.S. oil refiner Phillips 66 expects to book about $100 million of charges to idle its 139,000-barrel-per-day Los Angeles-area refinery, which will cease operations by year-end, the company said on Wednesday. ...
Five former Deutsche Bank employees sue German lender in London
Reuters· 2025-10-02 01:27
Five former Deutsche Bank employees are suing their ex-employer, according to court filings published in London on Wednesday. ...
Italy awards all battery storage in first auction, Enel wins half
Reuters· 2025-10-02 00:52
Italy awarded all 10 gigawatt hours of the capacity it tendered in its first battery storage auction, recording an average price well below the cap set by the regulator, the CEO of grid operator Terna... ...
Microsoft launches AI-powered 365 Premium bundle for $19.99 per month
Reuters· 2025-10-02 00:21
Microsoft on Wednesday unveiled a 365 Premium subscription plan for individuals at $19.99 a month with its Copilot artificial intelligence powered assistant. ...
Tesla's new car sales in Italy down 25.6% in September
Reuters· 2025-10-02 00:12
Tesla's new car registrations in Italy fell for a fifth month in a row in September, posting a 25.6% year-on-year drop, data from the Italian transport ministry showed on Wednesday. ...
Neptune Insurance valued at over $3 billion as shares jump in NYSE debut
Reuters· 2025-10-01 23:59
Neptune Insurance shares jumped 12.5% in their New York Stock Exchange debut on Wednesday, valuing the company at nearly $3.11 billion and making it the latest insurer to capitalize on a buoyant listi... ...
New BP Chair urges asset sales, faster execution of strategy shift, internal memo shows
Reuters· 2025-10-01 23:51
New BP Chair Albert Manifold told BP employees on Tuesday that the group needed to move faster executing its strategy of shifting focus from renewables to oil and gas and consider more asset sales, an... ...
Microsoft raises top Xbox Game Pass subscription by 50%
Reuters· 2025-10-01 23:49
Microsoft's Xbox has raised the price of the highest tier of Game Pass by 50% and expanded its offerings under the videogame subscription service to include more games, enhanced cloud streaming and a ... ...
Diamondback CEO sees US crude output growth stalling with $60/bbl oil
Reuters· 2025-10-01 23:42
U.S. oil production growth will stall if prices stay near $60 per barrel, as fewer drilling sites are profitable at that level, the CEO of Diamondback Energy , one of the country's top oil producers, ... ...