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Bigger investors pouring money into emerging markets belie EM outflows

Big-money investors are beginning to place more cash in emerging markets as they chase returns in what could be a structural shift in the way they allocate their money, a veteran Bank of America economist told Reuters.

Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips

For chip designer Nvidia , the generative artificial intelligence boom is the gift that keeps on giving.

Scarlett Johansson's OpenAI feud rekindles Hollywood fear of artificial intelligence

OpenAI's apparent homage to the movie "Her" featuring the voice likeness of Scarlett Johansson is fueling a backlash against artificial intelligence across Hollywood.

Boeing faces 'long road' on safety issues, US FAA says

U.S. planemaker Boeing faces a "long road" to address safety issues, the head of the Federal Aviation Administration said on Thursday as it prepares to receive the company's plan to address concerns.

European automakers need time, not tariffs, to fend off China competition

Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reuters event.

Tomb Raider owner says humans hold key to game evolution as AI gains ground

AI has become a major tool in gaming, but human creativity remains crucial to developing games, the CEO of Tomb Raider franchise owner Embracer told Reuters on Thursday.

Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad

A senior Republican congressman warned the high profile deal could have national security implications.

Medtronic beats quarterly profit estimates on medical devices strength

Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a post-pandemic pickup in surgical volumes at hospitals boosted demand for its medical devices.

GLOBAL ECONOMY Improved business activity casts doubt over rate cuts

Businesses across the globe broadly enjoyed an improved performance this month with activity picking up across parts of Asia and Europe, surveys showed on Thursday, giving central banks room to potentially defer cutting interest rates.

TD Bank beats estimates on Canada strength amid US anti-money laundering probe

TD Bank on Thursday reported better than expected quarterly earnings helped by strength in Canada and its wealth management unit, even as its U.S segment struggled amid probes related to its anti-money laundering program.

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