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Reuters Global 21.05.2026

Sinsay-owner LPP relies on AI to track trends, slash costs

Polish clothing retailer LPP , the owner of the Reserved and Sinsay brands, is expanding its use of ‌AI to cut costs and speed up its response to fashion trends, it said in an investor day presentation on Thursday....

Reuters Global 21.05.2026

Anthropic to open Milan office, expanding push into Europe

U.S. AI startup Anthropic will open an office in Milan this month, expanding further into Europe after opening offices ‌in Paris and Munich late last year on growing demand for generative AI tools....

Reuters Global 21.05.2026

Samsung pay deal brings relief but exposes divisions in South Korean city

Around Samsung Electronics' sprawling chip complex southwest of Seoul, workers and residents have met news of a last-gasp pay agreement to prevent a strike with both relief and ‌concern....

Reuters Global 21.05.2026

US energy storage additions hit a first-quarter record, report shows

U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday....

Reuters Global 21.05.2026

Samsung Electronics' shares jump after tentative wage deal suspends strike

Samsung Electronics' shares rose as much as 6.5% in morning trade on Thursday after the tech giant and its ‌South Korean union reached a tentative pay deal, potentially averting a strike that had threatened to hit the economy and undermine global chip supply chains....

Reuters Global 21.05.2026

Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power

Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence....

Reuters Global 21.05.2026

One in three Japan firms using or considering AI robots: Reuters poll

One-third of Japanese companies are already using or considering deploying AI-powered robots, with automakers and other transportation equipment manufacturers leading the way, a Reuters survey showed on Thursday....

Reuters Global 21.05.2026

Instant View: SpaceX files long awaited IPO, creating a fresh AI play

Elon Musk's rocket and satellite maker SpaceX filed on Wednesday for its widely awaited initial public offering, which stands to raise the most ever in an initial offering....

Reuters Global 21.05.2026

SpaceX IPO filing brings Musk's interplanetary ambitions to Wall Street

As Elon Musk's SpaceX races toward what could be the largest IPO in history, its filing delivers a rare mix of hard financial data and bold ambitions of exploring the frontiers of space....

Reuters Global 21.05.2026

West Pharma says fully operational after cyberattack, sees no hit to 2026 forecast

West Pharmaceutical Services said on Wednesday it has restored operations across its sites after a cybersecurity attack earlier this ‌month and expects the incident to have no material impact on its 2026 financial outlook....

Reuters Global 21.05.2026

Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program....

Reuters Global 21.05.2026

Intuit boosts annual forecasts, to cut 17% of global staff

TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim 17% of its workforce, sharpening its focus on artificial intelligence-powered financial software ‌amid robust demand....

Reuters Global 20.05.2026

OpenAI preparing to file for IPO soon, WSJ reports

OpenAI is planning ‌to file for an initial ⁠public offering in the coming days or weeks, ‌the ⁠Wall Street Journal reported on ⁠Wednesday....

Reuters Global 20.05.2026

Amazon.com defeats appeal claiming it aided tariff evasion

A U.S. appeals court ‌on Wednesday rejected a whistleblower's claim that Amazon.com helped foreign fur manufacturers evade tariffs on products sold on its platform, hurting domestic rivals....

Reuters Global 20.05.2026

Google rejects UK union recognition but offers talks via conciliation body

Google GOOGL.O said it had rejected a request from two British unions for voluntary recognition but would negotiate with them via a state-backed conciliation service, delaying a potential statutory ‌process that could force recognition....

Reuters Global 20.05.2026

French consortium to bid for EU's AI datacentre fund

The AION consortium, which groups some of France's biggest tech and infrastructure companies, will seek EU funding for an expected €10 billion ($11.60 billion) ‌data centre it plans to build in France....

Reuters Global 20.05.2026

Samsung Elec's South Korean labour union to vote on tentative pay plan -union

Samsung Electronics and its South Korean labour ‌union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that ⁠threatened to disrupt the production of AI and other chips....

Reuters Global 20.05.2026

Exclusive: Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an ‌internal memo seen by Reuters on Wednesday....

Reuters Global 20.05.2026

Exclusive: ASML CEO sees tight supply in booming chip market as AI demand soars

The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ASML told Reuters, with demand from AI, ‌satellites and robots outpacing what the industry can produce....

Reuters Global 20.05.2026

Lam Research opens Austria lab to advance chip packaging, cut costs

Lam Research has opened a research lab in Salzburg, Austria, to advance a chip packaging technology that promises to increase chip density and cut costs, as the company ‌looks to capitalize on surging AI demand for processors....

Reuters Global 20.05.2026

Morgan Stanley asks bankers to carry a separate phone for China trips, source says

Morgan Stanley has asked its Hong Kong-based bankers to carry new mobile devices issued ‌exclusively for business travel to mainland China, as international firms with a cross-border workforce tighten data security....

Reuters Global 20.05.2026

Euro stablecoin project adds 25 new banks

Twenty-five more banks, including lenders ABN Amro and Sabadell , have ‌joined a European consortium planning to launch a euro-pegged cryptocurrency later this year, the group said on Wednesday....

Reuters Global 20.05.2026

Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom

Chipmaker Analog Devices forecast third-quarter revenue above Wall Street estimates on Wednesday, a sign of growing demand for its power-management semiconductors and ‌sensor components amid the AI boom....

Reuters Global 20.05.2026

Thales inks deal with Google for homegrown German cloud provider

French defence group Thales ‌and Alphabet's Google Cloud have signed a ⁠deal to launch a new European cloud solution in Germany that ‌will ⁠be operationally and legally independent from ⁠Google, the companies said on ⁠Wednesday....