Author Archives: Syndicated Content
Huawei readies new AI chip to challenge Nvidia in China, WSJ reports
(Reuters) - China's Huawei Technologies is close to introducing a new chip for artificial intelligence use to challenge Nvidia in China amid U.S. sanctions, the Wall Street Journal reported on Tuesday...
Aug 14, 2024
Samsung Electronics' main South Korea union to strike over pay from Thursday
(Repeats story to fix formatting issue in a bullet point.) SEOUL (Reuters) -Samsung Electronics' biggest workers' union in South Korea said on Tuesday it would begin a four-day strike from Thursday to...
Aug 14, 2024
Snickers maker Mars to pay $83.50 per share for Kellanova, WSJ reports
(Reuters) - Family-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, is expected to pay $83.50 per share for food maker Kellanova, the Wall Street Journal reported on ...
Aug 14, 2024
Asian shares rise, kiwi slumps as New Zealand cuts rates
By Stella Qiu SYDNEY (Reuters) - Asian shares rose and the dollar nursed losses on Wednesday after soft U.S. producer prices data stirred hopes that consumer price inflation would be benign, sending b...
Aug 14, 2024
Apple supplier Foxconn's quarterly profit jumps 6% on AI boom
By Yimou Lee and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn on Wednesday surpassed expectations with a 6% rise in quarterly net profit driven by a boom in demand for AI servers, and stood by ...
Aug 14, 2024
Norway wealth fund posts $138 billion profit in H1 as AI demand lifts tech
ARENDAL, Norway (Reuters) -Norway's $1.7 trillion sovereign wealth fund, the world's largest, said on Wednesday it had posted a profit of 1.48 trillion Norwegian crowns ($138 billion) in the first hal...
Aug 14, 2024
Mpox vaccines likely months away even as WHO, Africa CDC discuss emergency
By Jennifer Rigby LONDON (Reuters) - Vaccines to help curb an escalating mpox outbreak in Democratic Republic of Congo and neighbouring countries may still not reach the central African country for mo...
Aug 14, 2024
Japan must promote wage, investment growth, says PM Kishida
By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Wednesday the government must continue to promote growth in wages and investment for the economy to make a full exit from...
Aug 14, 2024
Ukraine keeps pounding Kursk in incursion Biden calls 'real dilemma' for Putin
(Reuters) - Ukraine kept pounding the Russian border region of Kursk with missiles and drones on Wednesday, as Kyiv said it had made further territorial gains in an incursion that U.S. President Joe B...
Aug 14, 2024
Reactions to Japan's PM Kishida stepping down
(Reuters) -Japanese Prime Minister Fumio Kishida said he will step down in September, ending a three-year term marred by political scandals and paving the way for a new premier to address the impact o...
Aug 14, 2024
