Business

Global hedge funds hammered by AI selloff this week, Asia managers lead losses

Global hedge funds hammered by AI selloff this week, Asia managers lead losses

By Summer Zhen and Anirban Sen TOKYO/NEW YORK, Oct 16 (Reuters) - Global hedge funds suffered steep losses this week,…

October 17, 2026

Trump waives key Russia-related sanctions, tariffs before they take effect under new law

By Kanishka Singh and Jasper Ward WASHINGTON, Oct 16 (Reuters) - President Donald Trump waived key Russia-related US sanctions and…

October 17, 2026

Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports

Oct 16 (Reuters) - Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal,…

October 17, 2026

Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports

Oct 16 (Reuters) - Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal,…

October 17, 2026

Trump waives many Russia-related sanctions, tariffs before they were to take effect under new law

By Kanishka Singh and Jasper Ward WASHINGTON, Oct 16 - US President Donald Trump said on Friday that he is…

October 17, 2026

Trump waives many Russia-related sanctions, tariffs before they were to take effect under new law

By Kanishka Singh and Jasper Ward WASHINGTON, Oct 16 - US President Donald Trump said on Friday that he is…

October 17, 2026

Wall Street tumbles as worries about AI trade and high oil prices weigh

(In paragraph 13, corrects years to 2026, not 2025) By Noel Randewich and Purvi Agarwal Oct 16 (Reuters) - Wall…

October 17, 2026

Anthropic quietly pitches its own AI safety bill to lawmakers, Politico reports

Oct 16 (Reuters) - Anthropic representatives have quietly pitched Capitol Hill lawmakers on a draft bill to regulate frontier AI…

October 17, 2026

Anthropic signs lease for first Canadian data center

Oct 16 (Reuters) - Anthropic has signed a lease with EverWind for data center capacity at Point Tupper, Nova Scotia,…

October 17, 2026

Wall Street ends down sharply; worries about AI trade and high oil prices weigh

(In paragraph 13, corrects years to 2026, not 2025) By Noel Randewich and Purvi Agarwal Oct 16 (Reuters) - Wall…

October 17, 2026