Reuters

(Reuters) - Databricks said on Tuesday it would buy data management company Tabular for more than $1 billion.

San Francisco, California-based Databricks, a data analytics platform using artificial intelligence, said Tabular's team of about 40 members will join it after the transaction is completed in its second quarter ending July 31.

Last year, Databricks had secured more than $500 million in a funding round that valued the company at... (continue reading...)

By Marc Jones

LONDON (Reuters) - A clobbering for South Africa's, Mexico's and even India's heavyweight markets in recent days has proved without doubt that politics can still deliver an unexpected uppercut in big emerging economies.

Mexico's peso and South Africa's rand were both still sliding on Tuesday following their respective election surprises, while the likelihood that Narendra Modi hadn't scored a landslide win in India's... (continue reading...)

By Joseph Ax

(Reuters) - People who commit sex crimes against children in Louisiana could be forced to undergo surgical castration under legislation approved by state lawmakers, a measure that would appear to be the first of its kind in the United States if the governor signs it into law.

The bill, which was overwhelmingly passed by the state legislature on Monday, would permit judges to order surgical castration for defendants convicted... (continue reading...)

WASHINGTON (Reuters) - The United States and its partners are making progress on finding ways to provide larger amounts of urgently needed funds to Ukraine by tapping the value of profits earned on frozen Russian assets, a senior U.S. Treasury official said on Tuesday.

Assistant Secretary for International Finance Brent Neiman told an event hosted by the Atlantic Council that he also hoped Ukraine and its bondholders would reach agreement soon on a... (continue reading...)

By Michael Blake and Brad Brooks

SANTA ANA, California (Reuters) - Japanese baseball great Shohei Ohtani's former interpreter pleaded guilty on Tuesday to stealing nearly $17 million from the athlete's bank account to pay off his own gambling debts, according to U.S. prosecutors.

Ippei Mizuhara, the onetime translator and de facto manager of the Los Angeles Dodgers' power-hitting pitcher, pleaded guilty in a deal that had been... (continue reading...)