Business

Disney to invest $1 billion in OpenAI, license characters for Sora AI tool

Disney to invest $1 billion in OpenAI, license characters for Sora AI tool

Dec 11 (Reuters) - Walt Disney is investing $1 billion in OpenAI and will let the startup use characters from…

December 11, 2025

Brakes India and TBK Sign Business Alliance Agreement

Mumbai (Maharashtra) [India], December 11: Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance…

December 11, 2025

Dollar slides as traders digest Fed meeting, SNB boosts Swiss franc

By Rae Wee and Alun John SINGAPORE/LONDON, Dec 11 (Reuters) - The dollar remained on the back foot on Thursday…

December 11, 2025

Altria CEO Billy Gifford to retire in May, CFO Mancuso to succeed

Dec 11 (Reuters) - Altria said on Thursday that CEO Billy Gifford, who has led the tobacco giant since 2020, will…

December 11, 2025

MFE's Berlusconi favours Paramount bid for Warner Bros in streaming shake-up

By Elvira Pollina COLOGNO MONZESE, Italy, Dec 11 (Reuters) - Pier Silvio Berlusconi, chief executive of European broadcaster MFE-MediaForEurope, said…

December 11, 2025

Domicil Partners with Indian Streaming Academy Awards Season 2 to Celebrate the Spaces Where Modern Stories Come Alive

New Delhi [India], December 10: Domicil, the premium German home furnishing brand, recently partnered with the Indian Streaming Academy Awards…

December 11, 2025

AmEx reports 9% rise in US retail spending over Thanksgiving week, CEO says

By Pritam Biswas and Manya Saini Dec 10 (Reuters) - Credit card giant American Express' network saw a 9% growth…

December 11, 2025

Coca-Cola names insider Henrique Braun as CEO, replacing James Quincey

By Juveria Tabassum Dec 10 (Reuters) - Coca-Cola named insider Henrique Braun as its new CEO on Wednesday, replacing James…

December 11, 2025

Amazon to pay more than $580 million to settle tax probe in Italy

By Emilio Parodi MILAN, Dec 10 (Reuters) - Amazon has agreed with Italy's tax collection agency to pay 510 million…

December 10, 2025

Nick Clegg joins VC firm HIRO Capital to target spatial AI opportunities

By Paul Sandle LONDON, Dec 10 (Reuters) - Nick Clegg, the former president of global affairs at Meta and deputy…

December 10, 2025