Finance

Wall Street futures ease slightly, indexes set for weekly gains

Wall Street futures ease slightly, indexes set for weekly gains

(Reuters) -Wall Street futures were subdued on Friday after the three main U.S. indexes hit record highs in the previous session, packing up a week of economic data that did not temper expectation...

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Microsoft deal brings OpenAI closer to becoming a for-profit firm

Microsoft deal brings OpenAI closer to becoming a for-profit firm

Microsoft and OpenAI announced on Thursday that they have signed a non-binding deal to extend their partnership after months of fraught discussions. The agreement allows OpenAI the possibility of...

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Swatch sells watch lampooning Trump’s 39% tariffs on Switzerland

Swatch sells watch lampooning Trump’s 39% tariffs on Switzerland

ZURICH (Reuters) -Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump impose...

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China central bank to better regulate cross-border yuan financing between banks

China central bank to better regulate cross-border yuan financing between banks

SHANGHAI (Reuters) -China’s central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency. China is ram...

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