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SEAT says EU’s rethink on 2035 combustion-engine ban could help EV transition
Analysis-Contrasting views of Russia show deepening Republican split over foreign policy
Brazil government says fiscal and monetary policies must converge
Brokerages stick with US rate cut forecasts despite Fed caution
US military developing small refineries for critical minerals
TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
Business

TSMC expects Q2 sales to jump on ‘insatiable’ AI demand

By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier,…

April 18, 2024April 18, 2024
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
Business

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say

By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI…

April 17, 2024April 17, 2024
NY Fed sees more time needed to shrink central bank holdings
Economy

NY Fed sees more time needed to shrink central bank holdings

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its balance sheet will likely run…

April 17, 2024April 17, 2024
Google lays off employees, shifts some roles abroad amid cost cuts
Business

Google lays off employees, shifts some roles abroad amid cost cuts

(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…

April 17, 2024April 17, 2024
Morning Bid: Powell dashes easing hopes, markets dented again
Business

Morning Bid: Powell dashes easing hopes, markets dented again

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia hoping for some…

April 16, 2024April 16, 2024
Trump Media shares tank after filing shows more stock may be sold
Business

Trump Media shares tank after filing shows more stock may be sold

By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…

April 16, 2024April 16, 2024
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
Domestic

Trump has an edge over Biden on economy, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…

April 16, 2024April 16, 2024
Repeat offenders made up 40% of US corporate defaults in 2023, Moody’s says
Business

Repeat offenders made up 40% of US corporate defaults in 2023, Moody’s says

By Matt Tracy (Reuters) – Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously…

April 16, 2024April 16, 2024
Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake
Business

Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake

DUBAI (Reuters) -Microsoft is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. giant a…

April 16, 2024April 16, 2024
Lockheed wins US missile defense contract worth $17 billion
Business

Lockheed wins US missile defense contract worth $17 billion

By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to…

April 16, 2024April 16, 2024

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  • SEAT says EU’s rethink on 2035 combustion-engine ban could help EV transition
  • Analysis-Contrasting views of Russia show deepening Republican split over foreign policy
  • Brazil government says fiscal and monetary policies must converge
  • Brokerages stick with US rate cut forecasts despite Fed caution
  • US military developing small refineries for critical minerals

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