(Adds details, background, comments in paragraphs 4-14) By David Shepardson WASHINGTON, March 18 (Reuters) – The U.S. Energy Department (DOE) on Tuesday will unveil final rules that will significantly soften its proposal that would have slashed electric vehicles’ (EV) mileage ratings to meet government fuel economy requirements in 2027, sources said. The decision first reported […]
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RPT-EXPLAINER-Who are the BOJ’s doves and hawks?
(Repeats item that ran March 18 with no change to text) By Leika Kihara TOKYO, March 18 (Reuters) – The Bank of Japan is on the verge of ending eight years of negative interest rate policy, as historical wage hikes heighten prospects for inflation to sustainably hit its 2% target. But its nine-member board likely […]
Read MoreInvestors Will Want IQ Group Holdings Berhad’s (KLSE:IQGROUP) Growth In ROCE To Persist
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. If you see this, it typically […]
Read MoreCERAWEEK-US must improve copper mine permitting process, Freeport CEO says
By Ernest Scheyder HOUSTON, March 18 (Reuters) – The U.S. must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on Monday. “The U.S. government needs to stop giving lip service to permitting,” Richard Adkerson told […]
Read MoreNvidia shows off Project GR00T, a multimodal AI to power humanoids of the future
Join leaders in Boston on March 27 for an exclusive night of networking, insights, and conversation. Request an invite here. Nvidia is pushing the bar on robotics with the introduction of Project GR00T, a multimodal AI to power humanoids of the future with advanced foundation AI. Demonstrated today during the GTC conference at the San […]
Read MoreNvidia enables high-res Omniverse Cloud imagery on Apple Vision Pro
Nvidia showed off its Omniverse digital twin technology, viewed through the new prism of the Apple Vision Pro headset. Nvidia engineers have enabled the Omniverse Cloud application programming interface (API) to stream interactive, industrial digital twins into the Apple Vision Pro. I did the demo, and I could see the cloud-based imagery streaming at a […]
Read MoreNvidia announces Earth-2 digital twin to forecast planet’s climate change
Nvidia unveiled Earth-2 Cloud Platform for predicting climate change across the entire planet, using simulation by AI supercomputers. In a bid to combat the increasing economic losses due to extreme weather patterns caused by climate change, Nvidia has introduced Earth-2, a revolutionary climate digital twin cloud platform. Revealed at GTC, Earth-2 offers groundbreaking APIs designed […]
Read MoreStarbucks names executives for newly created global leaderships roles
(Reuters) – Starbucks announced a new global leadership structure on Monday, appointing Michael Conway as CEO of the North America region and Brady Brewer as the CEO of Starbucks International. Conway has been a Starbucks partner since 2013 and was most currently serving as group president of international and channel development. In his new role, […]
Read MoreUPDATE 1-Starbucks names executives for newly created global leaderships roles
(Adds details on geographic leadership team) March 18 (Reuters) – Starbucks announced a new global leadership structure on Monday, appointing Michael Conway as CEO of the North America region and Brady Brewer as the CEO of Starbucks International. Conway has been a Starbucks partner since 2013 and was most currently serving as group president of […]
Read MoreNvidia unveils next-gen Blackwell GPUs with 25X lower costs and energy consumption
Nvidia unveiled its next-generation Blackwell graphics processing units (GPUs), which have 25 times better energy consumption and lower costs for tasks for AI processing. The Nvidia GB200 Grace Blackwell Superchip — meaning it consists of multiple chips in the same package — promises exceptional performance gains, providing up to 30 times performance increase for LLM […]
Read MoreConvai teams up with Unity on AI NPC games
Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. Convai has teamed up with Unity to expand its AI-based non-player characters (NPCs) for games. Convai is showing off various demos of games with AI NPCs at this year’s Game Developers Conference […]
Read MoreHousing costs: the root of US economic malaise?
What happened “You have to marvel at America’s economy,” which defied recession predictions and “enjoyed one of the boomier years of the century,” The Economist said. But a lot of voters “feel down on the economy,” The Associated Press said, and a “major reason” is the “housing affordability crisis.” Who said what “The bottom line […]
Read MoreChris Paulson joins Skybound Games to run game publishing
Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. Skybound Games, a division of The Walking Dead company Skybound Entertainment, has appointed former Activision Blizzard executive Chris Paulson as EVP and general manager of games publishing. Los Angeles-based Skybound Games has […]
Read MoreGame studios show resilience amid shifting market | Unity
Game engine maker Unity published a report today that sheds light on the gaming industry’s response to economic challenges, highlighting resilience and adaptation among game studios in the face of adversity. The report also gets into the response of game developers to tech advances and evolving player preferences. Coincidentally, resilience and adaptation is the theme […]
Read MoreXreal shows AR game demos and Xreal Hub accessory
Xreal‘s mission is to bring augmented reality (AR) to everyone, and now it is introducing Xreal Hub, an accessory for its AR glasses. It’s also showing off AR game demos at the Game Developers Conference this week. Using Xreal glasses and charging your device at the same time has been a highly requested feature from […]
Read MoreGoogle researchers unveil ‘VLOGGER’, an AI that can bring still photos to life
Join leaders in Boston on March 27 for an exclusive night of networking, insights, and conversation. Request an invite here. Google researchers have developed a new artificial intelligence system that can generate lifelike videos of people speaking, gesturing and moving — from just a single still photo. The technology, called VLOGGER, relies on advanced machine […]
Read MoreGLOBAL MARKETS-World shares cheer China data, as central banks line up
* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Nikkei bounces, S&P 500 futures edge higher * China output, retail sales beat forecasts * Markets brace for BOJ to end negative rates * Fed seen on hold, but might signal slower rate cuts * Dollar keeps gains, yen on defensive for now (Adds quote in paragraph 13, […]
Read MoreStock market today: Wall Street rises ahead of highly anticipated Federal Reserve policy meeting
HONG KONG — Wall Street drifted higher early Monday ahead of this week’s policy decision by the Federal Reserve. Futures for the S&P 500 were 0.7% higher before the bell, while futures for the Dow Jones Industrial Average ticked up 0.2%. Nasdaq futures jumped more than 1% after the exchange said a connectivity problem had […]
Read MorePayment tech company Nuvei forms special committee to evaluate proposals
MONTREAL — Nuvei Corp. says it has formed a special committee to evaluate expressions of interest for the payment technology firm including a potential going-private transaction as well as any other strategic alternatives. Nuvei made the comments after media reports on the weekend speculating about a potential deal. The company confirmed it was in talks […]
Read MoreInvesting in Dottikon ES Holding (VTX:DESN) five years ago would have delivered you a 444% gain
For many, the main point of investing in the stock market is to achieve spectacular returns. And we’ve seen some truly amazing gains over the years. Don’t believe it? Then look at the Dottikon ES Holding AG (VTX:DESN) share price. It’s 437% higher than it was five years ago. If that doesn’t get you thinking […]
Read MoreGoogle Cloud expects live services to evolve into AI-based living games | Jack Buser
Live services have helped games continue to generate revenue for a long time. But Jack Buser, director of game industry solutions at Google Cloud, believes that AI advances will lead us to something better: Living games. Living games expand the live service model to include the game itself as an active participant, Buser said in an interview […]
Read MoreUPDATE 1-Canadian payments processor Nuvei to evaluate offers to go private
(Adds details from release throughout) March 17 (Reuters) – Canadian payments technology company Nuvei said on Sunday it was evaluating proposals that would take the company private, after reports said that private equity firm Advent International was in advanced talks to buy the company. Nuvei, which has received financial backing from actor Ryan Reynolds, said […]
Read MoreLove Group Global Ltd’s (ASX:LVE) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Love Group Global (ASX:LVE) has had a great run on the share market with its stock up by a significant 25% over the last week. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company’s key financial indicators today to determine if […]
Read MoreGLOBAL MARKETS-Asia shares up on China data, await clutch of central bank meetings
* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Nikkei bounces, S&P 500 futures edge higher * China output, retail sales beat forecasts * Markets brace for BOJ to end negative rates * Fed seen on hold, but might signal slower rate cuts * Dollar keeps gains, yen on defensive for now (Adds China data, updates prices) […]
Read MoreOil prices rise on tighter supply, geopolitical risks
By Colleen Howe BEIJING (Reuters) – Oil prices ticked up in early Asian trading on Monday, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Brent crude oil futures for May delivery inched up 3 cents to $85.37 a barrel by 0045 GMT. The April contract […]
Read MoreMusk’s Grok AI goes open source
Join leaders in Boston on March 27 for an exclusive night of networking, insights, and conversation. Request an invite here. True to his word, billionaire multi-company leader Elon Musk’s startup xAI today made its first large language model (LLM) Grok open source. The move, which Musk had previously proclaimed would happen this week, now enables […]
Read MoreSwiss bank UBS targets US deals, says chairman
ZURICH (Reuters) – Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the next few years, its chairman told the NZZ newspaper on Sunday. UBS, which took over former rival Credit Suisse last June, wants to expand its U.S. wealth-management business through potential M&A in the next three […]
Read MoreHoYoverse’s Zenless Zone Zero beta test offers enhanced combat and Hollow exploration
Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. HoYoverse has opened sign-ups for a closed beta test for Zenless Zone Zero, an urban fantasy action role-playing game. The ARPG from HoYo verse is the next game from the company that […]
Read MoreHallador Energy Company (NASDAQ:HNRG) Q4 2023 Earnings Call Transcript
Hallador Energy Company (NASDAQ:HNRG) Q4 2023 Earnings Call Transcript March 14, 2024 Hallador Energy Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to the Hallador Energy Company’s Announces Fourth Quarter 2023 Earnings Call. My name is […]
Read MoreFTC Solar, Inc. (NASDAQ:FTCI) Q4 2023 Earnings Call Transcript
FTC Solar, Inc. (NASDAQ:FTCI) Q4 2023 Earnings Call Transcript March 13, 2024 FTC Solar, Inc. misses on earnings expectations. Reported EPS is $-0.08 EPS, expectations were $-0.07. FTCI isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing […]
Read MoreSainsbury’s and some Tesco deliveries cancelled over technical issues
A woman walks past a Sainsbury’s van Sainsbury’s said technical issues left it unable to fulfil the “vast majority” of online deliveries on Saturday, with contactless payments also affected. The supermarket apologised, saying an overnight software update was to blame. Tesco also apologised after unrelated technical issues forced it to cancel some deliveries. Both companies […]
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