OSLO (Reuters) -Norway's Aker ASA said on Thursday it is partnering with Nscale Global Holdings and OpenAI to build an artificial intelligence facility in northern Norway, aiming to install 100,000 NVIDIA chips by the end of 2026.
The partnership, called Stargate Norway, will use 100% renewable energy to power the AI facility, Norwegian conglomerate Aker said in a joint statement with Nscale and OpenAI.
Stargate Norway will be owned by a... (continue reading...)
(Reuters) -The Bank of Japan kept interest rates steady on Thursday and raised its inflation forecast for the current fiscal year, signalling cautious optimism that Japan's trade deal with the U.S. would help the economy avert a steep downturn.
As widely expected, the central bank maintained short-term interest rates at 0.5% by a unanimous vote at the two-day policy meeting that ended on Thursday.
Following are excerpts from BOJ Governor... (continue reading...)
By Pratima Desai and Ashitha Shivaprasad
(Reuters) -Copper demand is rising faster than the industry anticipated, driven by billions of dollars being invested worldwide to modernise and expand power grids for the digital and clean energy revolutions that need vast amounts of electricity.
Meanwhile, supply from major producers including Chile and the Democratic Republic of Congo is constrained by a lack of investment in new mines, setting the... (continue reading...)
By Joyce Lee and Josh Smith
SEOUL (Reuters) -The South Korean ministers tasked with negotiating a last-ditch trade deal with U.S. President Donald Trump said that to prepare they role-played and solicited tips for engaging with the unpredictable leader.
Among the advice they received? Call Trump a "great person" and speak as simply as possible, Industry Minister Kim Jung-kwan told reporters in Washington after the deal was announced on... (continue reading...)
By Yantoultra Ngui and Rae Wee
SINGAPORE (Reuters) -State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 billion in Southeast Asia, seeking to grab a slice of a lucrative market amid a U.S. tariff war.
The move heralds a shift in investment focus for the banks, typically focused on the domestic market, and comes as Beijing encourages its financial... (continue reading...)
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
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In Hiroshima, a schoolboy keeps memories of war alive with guided tours
