(Reuters) -Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence company as high as $200 billion, the Financial Times reported on Friday, citing people close to the talks. ...

BRUSSELS (Reuters) -The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats said. The European Union and Britain have been pushing the Group of Seven nations to lower the cap for the last two months after a fall in oil futures...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

03:15 PM EDT, 07/11/2025 (MT Newswires) -- PepsiCo's ( PEP ) Q2 growth is expected to be driven entirely by international markets while North America remains challenged, a trend similar to the past several quarters, UBS Securities said. The firm forecast Q2 organic sales growth of 1.3%, about 40 basis points below consensus, with volume down 1.6% and gains from...