By Elizabeth Culliford (Reuters) – Facebook-owner Meta Platforms Inc is opening up access to a large language model for artificial intelligence research, the social media company said on Tuesday. Meta said its model was the first 175-billion-parameter …
What you need to know about Finland and Sweden’s path to NATO membership
By Anne Kauranen and Johan Ahlander HELSINKI/STOCKHOLM (Reuters) – Since Russia’s invasion of Ukraine, Finland and Sweden have been considering applying for membership of the NATO military alliance, which would mark a major policy shift for the Nordic …
Real risk of wage-price spiral in Germany, Deutsche Bank says
LONDON (Reuters) – German metalworkers’ recent demand for an 8.2% pay rise may be a sign that a wage-price spiral, the missing component in European inflation, is about to kick in, Deutsche Bank said on Tuesday. The bank said that a demand by IG Metall…
Uniper talks to German government, Gazprom about rouble payment scheme
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Germany’s Uniper remains in talks with Gazprom and the German government over how to implement Moscow’s demand to pay for Russian gas in roubles, which the European Commission said would breac…
Sinn Fein eyes milestone election victory in push for Irish unity
By Amanda Ferguson and Clodagh Kilcoyne BELFAST (Reuters) – Sinn Fein, the former political wing of the IRA, is on course to become the biggest party in Northern Ireland’s government after Thursday’s election, a milestone in its quest for a united Irel…
Exxon Mobil to sell Romanian affiliate for over $1 billion to Romgaz
(Reuters) -Exxon Mobil Corp said on Tuesday it will sell its Romanian upstream unit to gas producer Romgaz for over $1 billion as the oil major focuses its investment on assets with a low cost of supply. Exxon has been present in Romania’s upstream sec…
Logitech counting on hybrid working to boost demand after rare sales downgrade
By John Revill (Reuters) -Logitech cut its 2023 outlook on Tuesday, marking a rare downgrade from the computer mouse and webcam maker, but said it still expects to gain from people buying equipment as they move to hybrid working. The Swiss-U.S. company…
Russia says Israel supports neo-Nazis in row over Ukraine
(Reuters) – Russia’s foreign ministry accused Israel on Tuesday of supporting neo-Nazis in Ukraine, escalating a row that began when Russian Foreign Minister Sergei Lavrov claimed Adolf Hitler had Jewish origins. Israel said on Monday Lavrov’s comment …
UniCredit launches staff training pilot project in Italy
MILAN (Reuters) – Italian bank UniCredit said it had launched a pilot project to train staff in Italy to try to boost retention rates, weeks after rival heavyweight Intesa Sanpaolo announced a venture with a private equity firm centred around its learn…
VW embeds Qualcomm chips in autonomous driving software plans
FRANKFURT (Reuters) – Volkswagen’s Cariad on Tuesday said it will source chips from U.S. semiconductor maker Qualcomm to develop autonomous driving software, which the German carmaker has made the backbone of its future strategy. Qualcomm will supply s…