Reuters

By Giuseppe Fonte and Gavin Jones

STRESA, Italy (Reuters) - G7 finance chiefs are not expected to agree on details of a loan for Ukraine at their meeting in Italy starting on Friday, several officials said, leaving much work ahead in coming weeks or months to secure more financing for the war-torn country.

The United States has been pushing its allies to agree to a loan backed by the future income from some $300 billion of Russian assets... (continue reading...)

(Reuters) - Chemical maker DuPont has become the latest multinational to break up its business, announcing a plan to split the firm into three publicly traded companies.

The firm plans to separate its electronics and water businesses in tax-free transactions, while the new DuPont will continue as a diversified industrial company, it said on Wednesday.

Here is a list of some of the biggest U.S. corporate splits from the recent past.

(Reuters) - Elon Musk's artificial intelligence startup, xAI, is seeking to raise close to $6 billion in a funding round backed by Silicon Valley heavyweights including Andreessen Horowitz, the Financial Times reported on Thursday.

The round would value the startup at $18 billion, and also includes commitments from Sequoia Capital and Tribe Capital, the report said, citing people familiar with the negotiations.

The AI race has been... (continue reading...)

By Andrea Shalal

WASHINGTON (Reuters) - U.S. President Joe Biden and Kenyan President William Ruto on Thursday called for increased support for developing countries like Kenya, including through debt relief by major bilateral creditors like China.

Biden and Ruto, on a three-day state visit to the United States, issued a "Nairobi-Washington Vision" that includes detailed steps for addressing the staggering debt burden faced by many... (continue reading...)

WASHINGTON (Reuters) - The United States does not recognize the jurisdiction of the International Criminal Court and there is no equivalence between Israel and Hamas, U.S. President Joe Biden said on Thursday.

(Reporting by Andrea Shalal; Writing by Katharine Jackson; Editing by Jonathan Oatis)