Author Archives: Syndicated Content
AMD likely to offer details on AI chip in challenge to Nvidia
By Stephen Nellis (Reuters) - Advanced Micro Devices on Tuesday is expected to reveal new details about an AI "superchip" that analysts believe will be a strong challenger to Nvidia Corp, whose chips ...
Jun 13, 2023
Odey Asset Management restricts Brook fund exits after clients pull money
By Nell Mackenzie LONDON (Reuters) - Odey Asset Management is restricting the money clients can pull from its Brook Developed Markets Fund, according to an investor letter, a further sign of the fallo...
Jun 13, 2023
Toyota to face governance challenge at shareholder meeting
By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - Toyota faces an unprecedented challenge at its annual shareholder meeting on Wednesday, with some pension funds voting against Chairman Akio Toyod...
Jun 13, 2023
Manchester United shares pop 20% on speculations over takeover bid
(Reuters) - Manchester United's shares jumped nearly 20% in premarket trading on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid...
Jun 13, 2023
Russian-installed official puts toll in two flooded towns at 17, one week after Ukraine dam breach
(Reuters) - The death toll from flooding in two Russian-controlled towns in southern Ukraine has risen to 17 one week after a massive dam holding back a reservoir was breached, a Russian-installed off...
Jun 13, 2023
Bunge, Viterra in $18 billion merger to create agriculture trading powerhouse
CHICAGO (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra are merging in an $18 billion deal including debt, the companies said on Tuesday, creating one of the world's largest agricult...
Jun 13, 2023
Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) - The chair of Britain's COVID-19 inquiry pledged to put the bereaved and those who suffered at the heart of her work as she began main hearings on Tuesday into how the coronavirus pa...
Jun 13, 2023
Macron to unveil plan to relocate drugs production in France
PARIS (Reuters) - President Emmanuel Macron said on Tuesday he will unveil a plan to relocate the production of key drugs in France to tackle shortages of imported products, ranging from antibiotics t...
Jun 13, 2023
Fed kicks off meeting-by-meeting policymaking amid high uncertainty
By Ann Saphir and Michael S. Derby (Reuters) - Federal Reserve officials sit down Tuesday for their first meeting in 15 months with no pre-determined interest rate hike on the table in what amounts to...
Jun 13, 2023
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of brothers on the Federal Open Market Committee will be sitting nervously. At 0830 EDT (1230 GMT), the...
Jun 13, 2023
