Citigroup on Thursday rejected Mexican mining and transport conglomerate Grupo Mexico's bid for its retail unit in the country, known as Banamex. ...

Core Insights - Tesla has registered plans for a longer-range variant of its Model Y in China, indicating a strategic move to enhance its product offerings in the competitive EV market [1] Company Developments - The filing information was made available on China's industry ministry website, suggesting that Tesla is actively pursuing regulatory approvals for the new variant [1] Industry Context - The introduction of a longer-range Model Y aligns with the growing demand for electric vehicles in China, a key market for Tesla [1]

Group 1 - Reflection AI, a startup backed by Nvidia, has raised $2 billion in a new funding round [1] - The funding round values the company at $8 billion, indicating strong investor interest in artificial intelligence [1] - This investment reflects the ongoing trend of increasing capital flow into AI-related ventures [1]

Republicans and Democrats are divided along party lines as to whether they believe the U.S. government's claim that women who take Tylenol during pregnancy are raising the risk of autism in their unbo... ...

Airbus is predicting 3.6% average growth in aircraft services over the next 20 years, creating jobs for 2.35 million pilots, mechanics and other workers to meet air travel growth. ...

Alphabet-owned Google said dozens of companies have been affected by an ambitious hacking campaign that targeted Oracle's suite of business products. ...

Monte dei Paschi (MPS) is focused on completing in the shortest time possible its integration with Mediobanca , the CEO of the Tuscan bank said when asked about possible interest for Banco BPM. ...

Core Viewpoint - TotalEnergies and Siemens have urged European governments to abolish a key EU corporate sustainability law to enhance the continent's competitiveness [1] Group 1: Company Actions - TotalEnergies and Siemens are advocating for the removal of a flagship sustainability law in the EU [1] - The companies believe that this change is necessary to improve the competitiveness of Europe in the global market [1] Group 2: Industry Implications - The call to abolish the sustainability law reflects a growing concern among major corporations regarding regulatory burdens [1] - The move may signal a shift in how companies view sustainability regulations in relation to economic performance [1]

Alphabet's Google on Thursday launched a new AI platform for business customers called Gemini Enterprise, as the tech giant ramps up efforts to capture more corporate clients with its artificial intel... ...

Core Viewpoint - The stake in insurer Generali held by the banking group formed from Monte dei Paschi di Siena's acquisition of Mediobanca is seen as a beneficial source of revenue diversification for MPS [1] Group 1 - MPS Chief Executive Luigi highlighted the importance of this stake in enhancing the bank's revenue streams [1]